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As a comparison, an estimate for the cost of World War II is $5T, for US spending at least [0]. Obviously there's differences in methodology etc. but seems to
by Nitrolo 3y ago
As a comparison, an estimate for the cost of World War II is $5T, for US spending at least [0].
Obviously there's differences in methodology etc. but seems to be the same ballpark. Not sure I'd call WWII cheap.
[0]: https://www.stlouisfed.org/on-the-economy/2020/february/war-highest-defense-spending-measured https://www.stlouisfed.org/on-the-economy/2020/february/war-...