Exact(15)
War finance is a branch of defense economics.
The discussion of war finance and industrial mobilisation already shows the shape of eventual defeat for the central powers.
A popular fallacy about war finance is that government borrowing transfers the war costs to future generations.
While the use of borrowing as a method of war finance makes the control of inflation more difficult, there appears to be no escape from the necessity.
MOSCOW — In a concerted move to quiet fears of a so-called currency war, finance officials from the world's largest industrial and emerging economies expressed their commitment on Saturday to "market-determined exchange rate systems and exchange rate flexibility".
The most dangerous form of war finance is the printing of new paper money, resorted to when no more taxes can be collected and the government's credit has broken down.
Similar(38)
In November 2007, both voted for a bill authorizing $50 billion in war financing but mandating troop withdrawals.
About 50,000 people are estimated to have died in a civil war financed by "blood diamonds".
The FARC, one of the main actors in Colombia's long internal war, finances itself through kidnapping and cocaine trafficking.
But it's sandwiched between two lesser stories and any number of digressions on war finances or dog training.
It subsided only slightly as Congress wrapped up last month and finished off spending bills, energy legislation and war financing.
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