Ron Paul: Economic Beneficial War

Posted by admin on Tuesday, May 4, 2021

Ron Paul Money Quote saying only those who stand to profit from war expenses will be the only benefactors to war. Ron Paul said:
 
War is never economically beneficial except for those in position to profit from war expenditures Quote
 

“War is never economically beneficial except for those in position to profit from war expenditures” — Ron Paul

 

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In this quote, Ron Paul is arguing that war rarely if ever provides true economic benefits for society as a whole. His interpretation is that while certain industries like arms manufacturers profit substantially from the increased spending on weapons and supplies during wartime, war itself does not stimulate overall growth or increase aggregate wealth for most citizens.

Paul seems to be suggesting that war is mainly advantageous financially for those companies and individuals (“those in position”) that are directly involved in the war economy through contracts, but does little to advance broad-based prosperity.

The underlying message is skepticism that war can be economically justified, as any gains tend to disproportionately enrich private profiteers rather than benefit the general public or nation in net fiscal terms once all costs are considered.

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