California is burning, meanwhile Biden just sent another $500 million to Ukraine. Make it make sense
Discussion
The money allocated for Ukraine doesn’t go directly to the country. Instead, it flows into the U.S. military-industrial complex, which manufactures weapons for Ukraine. This effectively injects liquidity into the U.S. economy, helping to sustain it. Since the money has a low velocity, it doesn’t significantly contribute to inflation in the short term.
But does that money enrich those at the upper echelons of the military-industrial-complex? That is more important to them than helping the U.S. economy, I would think.