EPISODE · Jan 25, 2023 · 17 MIN
New cold war math: US Fed exaggerates China's military spending with absurd graph
from Geopolitical Economy Report · host Ben Norton
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
What this episode covers
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
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New cold war math: US Fed exaggerates China's military spending with absurd graph
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