Geopolitics

Contrarian take: The U.S. should spend less money on wars!

🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

Counter argument: "More than 65 countries peg their currencies to the U.S. dollar while five U.S. territories and eleven foreign nations use it as their official currency of exchange."

To be the best, you gotta beat the best (in war). US is making sure that never happens.

Helping build @midao. Probably on the water if I’m not thinking about crypto. /eagles /betting /off-grid

Counter argument: having a large military isn’t a good measure of a country’s economic output

likes building things • https://alexgrover.me/links

Disagree. Can’t have one without the other. Having a large military is the only reason the US has such a large economic output.

How do our numbers compare to China?

If we were to cut spending by half tomorrow, I don’t see a direct link to our economy shrinking overnight

It would. People would stop using the USD, and China would become the dominant currency. 

Emerging markets would be on China as the more stable option instead of the US. 

China itself understands this:

It would. People would stop using the USD, and China would become the dominant currency. 

Emerging markets would be on China as the more stable option instead of the US. 

China itself understands this:
https://www.statista.com/statistics/272494/longterm-changes-in-military-spending-in-highest-spending-countries/