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You can only be cranking out plowshares at low cost and high quality, if your businesses have absolutely no other way to collect the helicopter money other than through building & selling plowshares, in a highly optimal manner
In the US, that is simply not the case
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If your manufacturing is not price-competitive abroad, your military is not price-competitive abroad.
Because the wartime economy is just a subset of the peacetime economy. You can only turn plowshares into swords if you’re cranking out plowshares at low cost and high quality.
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