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I can't think of a single example of "minting money to pay for war" ever went poorly for any nation. Nope, not a one. It has certainly never once destroyed a le
by mystified5016 2y ago
I can't think of a single example of "minting money to pay for war" ever went poorly for any nation. Nope, not a one. It has certainly never once destroyed a leader or his entire nation.
- bpodgursky 2y agoWWII went badly for Germany but it's important to keep in mind it went badly for everyone else too.
- neilwilson 2y agoGiven that's how all nations conduct war, it would be difficult to see how it could be done otherwise. Keynes' phamplet "How to Pay for the War"[0] is a good description of how the 'minting money' mechanism should be controlled in wartime. [0]: https://archive.org/details/in.ernet.dli.2015.499597 https://archive.org/details/in.ernet.dli.2015.499597