War, historically has always been highly inflationary. Mish has a post that puts the cost of the Iraq conflict at $3 Trillion. So this money came from where?

Afghanistan is the next war on the agenda to be stepped up. This will add or subtract to the inflationary/deflationary thesis in which way? It will be paid for how?

Choose from:

*By increased taxes from increased productivity/profits
*By printing money
*By issuing debt