Finance & Fury Podcast

Pre WW2 – Money and the incentive for war History is written by the victor – the focus is often the war itself – but not what happens behind the scene - How has war shaped the economy? – Last week went through tax changes to economy This week – want to talk about the behind scene to war – financial interests and those who carry them out Governments wage wars – the citizen fight them It is Governments which wage war with each other – Nation states, or NATO – Used to be directly – Nation v Nation– Now also indirectly – pre-cold war – nations went to war with one another – now, nations fund other countries to do it on their behalf But who else is funding the wars? Used to be the Monarchs (Governments) directly – not much in the way of banks/interconnected financial system in medieval periods – borrowed from other lords and money was gold/resources With the expansion of credit and fractal banking methods from Napoleonic period – bankers started gaining the ability to carry the monarchs (nations) through war