“Wars that are financed with debt denominated in fiat curreney units that the central bank can print, are not transparently priced. If the war against #Iraq came with a 10% special war income tax for all Americans, the level of public support would have surely been lower. If we had to pay for it transparendy in real time, then maybe we would think twice and look more deeply into the matter before blindly committing to it. On the other hand, if the costs of war seem trivial or unclear to us, if we barely know the difference between #Afghanistan and #Iraq, and can't locate either on the map, and the polical leaders and media are saying it's a good and patriotic idea and that t's necessary for national security, then why not go to war?”

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