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Wandering Existence
Wendover Productions
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Comments by "Wandering Existence" (@WanderingExistence) on "Why the US Military Costs so Much" video.
Setting up and protecting regions that use the US dollar also helps protect the demand/ strength of the dollar.
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A hard truth about the military budget is that the US uses war to protect areas that use the $USD in order to increase demand/ the value of a dollar. Our military increases the strength of the economy by the indirect force of increasing the strength of the monetary system.
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I mean, global dominance of the $USD does help taxpayers by increasing the strength of the dollar. So there is that too.
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@MANISHSINGH-qj5iu The EU and China are US trade partners. With the US being a major reserve currency it means people around the globe often take USD even if thats not their currency, because they know they can use it to buy other international goods. Additionally the US is a net importer of goods, which usually isn't the best because means the country spends more than it sells, but in the particular case of the US we are able to be a net exporter of our currency and have it increase the strength of our monetary system. Both trade and war are important aspects.
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