The Invisible Cost of War in the Age of Quantitative Easing

Alex Gladstein's piece explains how fiat currency and central banking have facilitated endless wars by enabling governments to create money without direct taxation or public consent.

This system allows for stealth taxation through inflation, obscuring the true cost of war from the public.

Bitcoin, conversely, imposes financial discipline, requiring governments to transparently earn, tax, or borrow funds for war efforts.

This would make war more expensive and harder to sustain, incentivizing peace.

By fixing the money, the incentives are realigned, potentially leading to a more stable and honest world.