this post was submitted on 13 Nov 2023
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[โ€“] [email protected] 9 points 11 months ago (1 children)

money doesn't immediately create soldiers or weapons.

[โ€“] [email protected] 3 points 11 months ago

Thing is that people running the west are completely detached from material reality. If you look at their backgrounds, they all come from media, law, lobbying, and so on. They think they can just will things to happen if they want them hard enough. They don't understand that you can't just spin up factories and create an educated workforce to operate them out of thin air.

This leads to hilarious outcome like this one where EU leaders thought they could just dump money into shell production to increase it. Instead, the price for one artillery shell has gone up to 8,000 euros from 2,000 euros due to lack of supply and increased liquidity.

https://www.reuters.com/world/nato-urges-common-standards-curbs-protectionism-boost-artillery-output-2023-10-24/