this post was submitted on 01 Oct 2023
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[–] shanie@mastodon.tails.ch 132 points 1 year ago (46 children)

Everyone looking at the price tag vs the results knows a proxy war with a well-trained army, the side of the US and Ukraine, against formerly your biggest adversary is the least costly way to cripple your foe while hardly lifting a finger.

~$125 billion TOTAL, including humanitarian, in a sea of $800B+/yr is play money in war, and throwing Russia back with dollars is the largest blow to a man who thinks he’s militarily strong.

It even makes China hesitate. I’d pay a lot more just for that.

[–] zephyreks@programming.dev 3 points 1 year ago (1 children)

Russia's military budget in 2019 was $65 billion. It's a waste of money that's only practical because the US is literally swimming in taxpayer money (mostly because the US doesn't invest in itself, but that's another issue).

[–] AngryCommieKender@lemmy.world 1 points 1 year ago* (last edited 1 year ago)

At the federal level, taxes don't pay for anything. They literally used to be burned when we still collected actual dollars. These days a number in a digital ledger gets set to 0. Taxes are the primary anti-inflationary device that government has to maintain inflation.

Deficits don't cause inflation, if they did Japan would be in hyper-inflation because of the massive deficits they have been running for 30 years. Instead they are barely able to hold off deflation of the Yen.

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