"Most schmoes off the street are not making all the money that is coming into the US from the sale of all those weapons of war. "
The money is printed and goes more or less directly to arms manufacturers. No domestic goods or services are produced to spend it on. The result is price increases and devaluation of the dollar. https://science1arts2and3politics.substack.com/p/why-the-usa-has-inflation Wealth does not increase, it is redistributed.
"Most schmoes off the street are not making all the money that is coming into the US from the sale of all those weapons of war. "
The money is printed and goes more or less directly to arms manufacturers. No domestic goods or services are produced to spend it on. The result is price increases and devaluation of the dollar. https://science1arts2and3politics.substack.com/p/why-the-usa-has-inflation Wealth does not increase, it is redistributed.