5min chapter

The "What is Money?" Show cover image

The Evolution of Property and Warfare | The Jason Lowery Series | Episode 2 (WiM129)

The "What is Money?" Show

CHAPTER

The Point of a Military Isn't to Make a Profit

As the cost of defence declines, more market actors are able to fund their own defence. It is superinefficient to sail carrier battle groups and build these massive defencenr structures. But you have to because economics, that first economic equation. We're dissuading other people from building a giant navy, air force, army,. You want it to be expensive. That's how you prevent gingas ko from showing up. If china's showing up in a wherever you're living and taking your house from you, we probably didn't spin enough. And security is really tough because there is no way you can say what the line is between enough spending and not enough spending. Once

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