Yes, large armed conflicts can only be bankrolled by fractional reserve banking and the debasement of currencies. Rarely do citizens have the desire to go to war.
Look at the Roman Empire, Ottoman Empire, British Empire. They all went downhill once they started spending more than they produced (i.e. coin debasement)
ThornTooth
npub16q…vntxz
2023-10-16 20:09:16
in reply to nevent1q…gnls
Author Public Key
npub16qykgmht786k6u8puzn6p4p0eluckuhxmnz0r8p5rw5pl3y2tsyskvntxzPublished at
2023-10-16 20:09:16Event JSON
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