That's true, but it will also devastate most other industries, which would be a net loss for most capitalists, and you can't have literally every capitalist invested in just the MIC and, like, construction. It would be a huge net loss of profitability, which would be fine in another country, but not in the US because it would negatively impact most US capitalists to some degree, many to the point of losing all or most of the value of their investments.
They would only risk something like this in the event of a real crisis, like the looming threat of communist revolution in late Wiemar Germany and pre-fascist Italy.
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That's true, but it will also devastate most other industries, which would be a net loss for most capitalists, and you can't have literally every capitalist invested in just the MIC and, like, construction. It would be a huge net loss of profitability, which would be fine in another country, but not in the US because it would negatively impact most US capitalists to some degree, many to the point of losing all or most of the value of their investments.
They would only risk something like this in the event of a real crisis, like the looming threat of communist revolution in late Wiemar Germany and pre-fascist Italy.