General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Ace1000ks1975
Sean Foo
comments
Comments by "Ace1000ks1975" (@Ace1000ks19751982) on "Oh SH*T, Even Endless War Can’t Save The US Economy" video.
We will see hyperinflation in the end, like the Soviet Union back in 1991. The Soviet Union had a massive military budget, and they produced so much munitions and military equipment the Russians still have a surplus of it even now. Producing too much money on the defense industry will eventually collapse the economy. You can't spend money on infrastructure which is required for any nation. The resources that go into produces munitions are diverted from food production in the form of nitrite based fertilizers. This causes food shortages and inflation on food. People are diverted from the consumer economy to the defense industry.
1
@phils4634 I agree with that 100%. They were able to produce a lot of military equipment. The same cannot be said about the U S. The U S military industrial complex charges inflated prices for military equipment and munitions.
1