Crash Course: Chapter 10 - Inflation by Chris Martenson

Finally, the doctor's usage of "evil" and "no residual benefit" is wholly ignorant. Aside from just a sampling of crucial inventions I've cited as directly resulting form war that are responsible for the high quality of our lives today, the other is preservation of governance. It's not a Disney, utopian world. If another government threatens to undo your infrastructure and morale, there is a point where inaction is the greatest evil. Economy is threatened by prolonged anarchy. see Barbarism.

Let's just see what happens after decades of spending money on the socialism that the progressives began in the early 20th century and that the modern Democrat party continues today. All they have created is larger paper-pushing enterprises, destruction of competition, and incentivizing consumption rather than production. Many children today remain unproductive until their mid-twenties with the college myth. Most of the jobs they get should not require training for 1/3 of their life.

The Dr. was correct until about 6:00 at which point his faith came into play with his subjective definition of "legitimate infrastructure". I would invite him to explain the impetus of metallurgy, factories, nuclear, food processing, road building, computers, energy, etc. The infrastructure that remained from the impetus of war, was gorged upon by the placated baby boomers for decades. Public education? laughable. Another socialistic failed monstrosity from zero competition amongst teachers.

The economic boon of war is turning society to a dire struggle in REAL production, away from luxurious consumption. Real economy has nothing to do with the proxy of trade we call money. It is the sum output of hands, feet, energy, and machines in motion, minus the sum destruction, consumption, and depletion of resources. In periods of prolonged peace, populations get lazy, uninspired, narcissistic, and useless. They consume extravagantly and produce minimally. Sic Baby Boomers.

Faith belongs in religion, not in government and policy making. Only faith could resullt in such intelligent people looking at dozens of wars in history, seeing how the inflationary manifestations stabilized shortly after the war, and conclude that war has anything to do with the exponential inflation, aside from the folly of men abusing a currency with no backing in modern years. The exponential bit is relevant after the gold standard. Closed-form math is not reality. Real things make trends.