War: Hidden Economic Impact | How Trillions Were Stolen From You
💰🧭 Welcome to another episode of The Money GPS, where we provide you with the insights you need to navigate the financial world. Today's topic is one that resonates globally: War Spending and its economic impact.
🌍 Welcome & Introduction
An introduction to today's highly important and impactful topic – War Spending.
💸 Inflation and War Spending
Understanding how war spending leads to inflation by creating more money that chases the same amount of goods and services.
🌐 Historical Implications
Discussing historical examples where war spending led to significant inflation, including World War I, World War II, and the Vietnam War.
🏜️ Cost of Recent Wars
A look at the economic cost of the wars in Iraq and Afghanistan, estimated to be over $6.4 trillion, not including the human and regional stability costs.
💡 Missed Opportunities
Imagine if this money was invested in our economies - healthcare, education, infrastructure, or new technologies, and how it could have affected our lives positively.
🕊️ A Peaceful Perspective
Balancing the need for national defense with a plea for peaceful resolution and a smarter allocation of resources.
💬 Audience Engagement & Closing
Inviting audience feedback on war spending and its economic implications.
Don't forget to subscribe to stay updated with the latest financial insights, like the video to support the channel, and share it to spread the knowledge! See you in the next episode of The Money GPS!
#War #Economy #Inflation
TOPICS AND TIMESTAMPS:
Is War A Net Benefit? 2:20
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Sources Used in This Video:
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#money #inflation #investing
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