timdaub
@timdaub.eth
people on Twitter/Fc love to put the blame for inflation on the money supply or call out Powell as a „bond villain.“ But, e.g. the PATRIOT system, which is essentially a bunch of trucks, costs $1.1B! And it has no economic purpose but to kill/defend. Think about this that next time u want to blame central banks
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timdaub
@timdaub.eth
The replies are gonna be: „oh but how can you say that!? Putin started the attack war, Ukraine needs to defend its territory“ and whatever. OK. But there are qualities to directing a war in certain way, e.g. deescalating. The reality is that we‘re now paying the costs through inflation.
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