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Comment by collinmcnulty

6 hours ago

This is not exactly true on the scale of these interventions. The state can't run out of money but it does run out of the time and talent of its people, the resources of its land, and the patience of its partners. State capacity is a real limit, and where we direct the money is a pretty strong proxy for where we spend these, the true resources of the state. We don't pay for bombs with dollars, we pay for them with schools, roads, and hospitals.