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New cold war math: US Fed exaggerates China's military spending with absurd graph

New cold war math: US Fed exaggerates China's military spending with absurd graph

The Federal Reserve Bank of St. Louis published a…

Geopolitical Economy Report · Ben Norton

January 25, 202317m 13s

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Show Notes

The Federal Reserve Bank of St. Louis published a jaw-droppingly misleading graph that portrays China as spending more on its military than the US. In reality, the Pentagon’s budget is roughly three times larger. VIDEO: https://youtube.com/watch?v=tD4P-vWWGLc Sources and more information here: https://geopoliticaleconomy.com/2023/01/23/china-military-spending-st-louis-fed-graph