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There's also a key difference between WW2 and the war on terror, which is fiat money created in the 70s (around Nixon's time). Right around the start of the war

• AnimalMuppet 5y ago
  That matters less than you seem to think. Printing money doesn't magically create more stuff, nor does it change the economy's ability to create more stuff. It just changes who has the ability to buy what the real economy creates. And... > Right around the start of the war on drugs. What, specifically, are you vaguely hinting at?
  • bsedlm 5y ago
    > Printing money doesn't magically create more stuff, nor does it change the economy's ability to create more stuff. You're right, there's not much to this until the monetary system is based on fiat-currency, at this point there's a soft obligation (maybe? I don't understand fiat well enough) to back the created money by building things in the real economy. But what the USA has created with the fiat-based money is war, which adds bomb-making and building reconstruction into the real economy. The war on drugs seems to create corruption. The only real connection is the time period in which USA's congress passed laws for money laundering, war on drugs, and fiat money (a little bit before, iirc)