• exanime@lemmy.world
    link
    fedilink
    arrow-up
    10
    ·
    5 months ago

    That only happens if you put all that money into circulation - if you were to, say, just give it away as a handout to the military

    How do you give a handout to the “military” without putting that money into circulation?

    • masquenox@lemmy.world
      link
      fedilink
      arrow-up
      2
      arrow-down
      3
      ·
      5 months ago

      How do you give a handout to the “military” without putting that money into circulation?

      That’s the beauty of “trickle-down” economics - it doesn’t. Give it to the military and the parts of it that doesn’t get hoarded by MIC billionaires gets spent on things such as R&D and asset/infrastructure development and maintenance - there’s not a lot of that money “trickling” down and circulating amongst the general population.

      If you were to spend it on health infrastructure and development, the money will still not be “trickling” down - but the benefits will. A bunch of F-35s means next-to-zero benefits for people - but a functional hospital does.

      • exanime@lemmy.world
        link
        fedilink
        arrow-up
        2
        ·
        5 months ago

        Even so bud, every cent used in R&D is already in circulation

        Even the hoarded money, it’s not in an evil lair, it’s in some bank, in circulation, making money for the hoarder.

        It may have a slightly less inflationary effect but this money is as much in circulation as the single going into a strippers thong