Another call to reason

  I am hoping it has become abundantly clear that a lot of how the monetary system operates is irrelevant. And that the only thing state planners should concern themselves with is maximizing production, and achieving national objectives. Thus the recent military spending booms that China is experiencing is a godsend. And increasing that spending by multiples would be even a greater godsend as it helps increase jobs and improve productivity. I am not suggesting that China should start a war. The economy does not need a war in order to create a healthy economy. It only needs to prepare for one. War mobilization even when ultimately, there is no war to fight, is the greatest stimulus package you can give to the economy.