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All that is necessary, therefore, to insure that a government will
maintain or expand its debt is to involve it in war or the threat of
war. The greater the threat and the more destructive the war, the
greater the need for debt.
2/5
All that is necessary, therefore, to insure that a government will
maintain or expand its debt is to involve it in war or the threat of
war. The greater the threat and the more destructive the war, the
greater the need for debt.
2/5