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by elcritch
1022 days ago
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I generally agree, but I don't think Afghanistan and Iraq were rounding errors by any factor. It's a major percentage of the US'es debt, as in trillions of dollars. Perhaps the US economy (and politics) is resilient enough to handle it and not crash outright, but poorer folks in the US feel the squeeze of inflation and lowered wages due to cantillion effects. |
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