[AR] Re: OT economy booster

  • From: Rand Simberg <simberg@xxxxxxxxxxxxxxx>
  • To: arocket@xxxxxxxxxxxxx
  • Date: Wed, 30 Dec 2015 09:53:28 -0800

Can we talk about how SLS doesn't stimulate the economy, it destroys wealth? :-)

On 2015-12-30 09:51, Jonathan Goff wrote:

Hey guys,

As much as I'm a fan of economics conversations, this isn't the
Economics Reform Pizza Society mailing list... At least Bill's and
Henry's conversation about time value of money and time horizons was
somewhat rocket related.

Jon

On Dec 30, 2015 10:47 AM, "Edward Wright" <edward.v.wright@xxxxxxxxx>
wrote:

If you believe wars create wealth, you should attack their next-door
neighbor. Burn his house, kill his dog, and invite him to do the
same to you -- it will make both of you rich.

If it works for a nation's economy, it should work for your personal
economy, too. If it doesn't work at that the level, how can it
possibly work on a national scale?

Unfortunately, such ideas are common among civilians who have never
seen actually war. Military veterans typically know better.

Sent from my iPad

On Dec 30, 2015, at 10:53 AM, Rand Simberg
<simberg@xxxxxxxxxxxxxxx> wrote:

Wars do not "stimulate the economy." They destroy wealth.

On 2015-12-29 15:23, Monroe L. King Jr. wrote:
All the war we have been in since WWII are economic wars
There is no winner and it's intended to be that way.
It's about moving money around yes.
They learned that from the Korean war and have used it to
stimulate the
economy ever since.
Money that goes into war filters out into the country.
It looks bad on the deficet of course but that works double in
their
favor if they can keep the public believing it's necessary
War stimulates our country's economy it's pretty simple.
-------- Original Message --------
Subject: [AR] Re: OT economy booster
From: "John Dom" <johndom@xxxxxxxxx>
Date: Tue, December 29, 2015 2:53 pm
To: <arocket@xxxxxxxxxxxxx>
On Tue, 29 Dec 2015, John Dom wrote:
War is an economy booster. War makes money, jobs ect...
Usually only if you win the war...
On Behalf Of Henry Spencer 291215:
Often not even then. The money still has to come from
somewhere, and a
government can only extract so much from its citizens before
things fall
apart. WW1 devastated Britain's economy, and the beginnings of
WW2 finished
it off -- Britain was quite literally *bankrupt* at the end of
February
1941. The Lend-Lease Agreement and some other outside help
postponed the
problem for the rest of the war, but times were hard in Britain
for years
afterward -- food rationing continued until 1954 -- and it
needed several
decades to fully recover.
Next came Suez and J.F. Dulles’s coup de grâce to Eden.


Other related posts: