By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Live Trading NewsLive Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
Reading: We Must Kill the Military Industrial Complex, Killing the USD is a Good Start
Share
Live Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Follow US
© 2024 LiveTradingNews.com - All Rights Reserved.
Live Trading News > Blog > Politics > America > We Must Kill the Military Industrial Complex, Killing the USD is a Good Start
America

We Must Kill the Military Industrial Complex, Killing the USD is a Good Start

Shayne Heffernan Ph.D.
Last updated: September 17, 2023 8:52 am
Shayne Heffernan Ph.D.
Share
4 Min Read
SHARE

The military-industrial complex (MIC) is a powerful force that has a significant influence on our government and our society. It is also a major driver of war and conflict around the world.

The MIC is a close-knit relationship between the government, the military, and the defense industry. The government provides funding for the military, and the military contracts with defense companies to develop and produce weapons and other military equipment. The defense industry then lobbies the government for more funding, and the cycle continues.

The MIC has a number of negative consequences. It leads to militarism, as governments are more likely to use military force to solve problems when they have a large and powerful military. It also diverts resources away from other important priorities, such as education, healthcare, and infrastructure. Additionally, the MIC can lead to corruption, as defense contractors have a vested interest in promoting military spending, even when it is not necessary.

We need to break the grip of the MIC on our government and our society. We need to invest in diplomacy and peacebuilding, rather than war and militarism. We also need to hold the defense industry accountable and ensure that it is not profiting from war and violence.

The military industrial complex is a self-perpetuating machine that feeds on fear and conflict. It is a parasite that consumes our resources and undermines our democracy.

Shayne Heffernan

Here are some things we can do to challenge the MIC:

  • Educate ourselves and others about the MIC and its negative consequences.
  • Support organizations that are working to promote peace and disarmament.
  • Hold our elected officials accountable and demand that they reduce military spending and invest in other priorities.
  • Boycott companies that are involved in the production of weapons and other military equipment.

It will not be easy to break the grip of the MIC, but it is essential that we do so if we want to create a more peaceful and just world.

The USD is the world’s reserve currency, meaning that it is the most widely used currency in international trade and finance. This gives the US government a significant amount of power and influence over the global economy.

The MIC benefits from the USD’s status as the world’s reserve currency in a number of ways. First, it makes it easier for the US government to borrow money to fund the military. Second, it gives the US government more leverage in trade negotiations and other international disputes. Third, it allows the US government to impose sanctions on other countries by restricting their access to the US dollar.

The MIC also benefits from the fact that the US is the world’s largest arms exporter. The US sells billions of dollars worth of weapons to other countries each year, and these sales are typically conducted in USD.

As a result of these factors, the USD is the currency of the MIC. The MIC depends on the USD to maintain its power and influence, and the USD benefits from the MIC’s economic activity.

It is important to note that the MIC is not a monolithic entity. There are a variety of different companies and organizations that are involved in the MIC, and they have different interests and goals. However, they are all united by their desire to maintain and expand the US military’s power and influence.

Shayne Heffernan

You Might Also Like

WW3 Will Trump Attack Iran as a Show of Strength to Russia and China? $QQQ $SPY $BTC

Buy the War Stocks $LMT $GD $NOC $RTX $BA

$BABA, $BIDU, $JD, $NIO, and Other Chinese Stocks are Bargains

Tokenization of the Entire Financial Sector Is Inevitable

Knightsbridge: Pioneering a Corporate Currency Revolution

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

Subscribe our newsletter for latest news around the world. Let's stay updated!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
By Shayne Heffernan Ph.D.
Follow:
Shayne Heffernan Ph.D. Economist at Knightsbridge holds a Ph.D. in Economics and brings with him over 40 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Crypto, Mining, Shipping, Technology and Financial Services.
Previous Article How to get motivated for the week ahead
Next Article Federal Reserve FOMC Expected to Hold Rates


Latest News

Specific Parts of the Donald Trump Bill Upsetting Elon Musk
Headline News Opinion Politics Shayne Heffernan Shayne Heffernan Stocks June 7, 2025
Still a Strong Buy $BABA
Alibaba Group Holding Ltd (NYSE:BABA) America China Headline News Most Popular Opinion Politics Shayne Heffernan Tech today June 4, 2025
Top U.S.-Listed Bitcoin Companies $BMNR $MARA $RIOT $CIFR $CORZ $COIN
Bitcoin Headline News Must Read Opinion Shayne Heffernan Shayne Heffernan Stocks June 4, 2025
Saudi Red Sea: A Rising Star in Luxury Tourism
Featured Headline News Lifestyles of the RIch and Famous Living Luxury Real Estate Top Stories Travel June 4, 2025

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
4.4kFollowersFollow
//

Stay informed with LiveTradingNews.com – your ultimate destination for timely and insightful updates on global markets, finance, and investment trends. Explore the latest news and analysis to empower your trading decisions.

Quick Link

  • About us
  • Advertise
  • Send us a tip!
  • Privacy Policy
  • Contact us

Top Categories

  • Knightsbridge Insights
  • Featured
  • Stocks
  • Shayne Heffernan
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Subscribe our newsletter for latest news around the world. Let's stay updated!

Live Trading NewsLive Trading News
Follow US
© 2025 LiveTradingNews - For The Traders, By The Traders – All Right Reserved By Knightsbridge Group
Welcome Back!

Sign in to your account

Register Lost your password?