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@ TallBrian
2025-06-14 14:32:55
I actually think we will see a greater number of small wars since political jurisdictions will become smaller and more power will reside locally. Currently wars are funded through inflation because the population would reject them if they required direct taxation. This was the innovation of the Bank of England that allowed Britain to fight WWI. When inflation is no longer an option and we can walk away from oppressive tax regimes for greener pastures, government will have to focus on providing services citizens are willing to pay for. People will pay for defense, but they are unlikely to pay for a war in another hemisphere between people they will never meet.