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Originally Posted by ChazInMT
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Wrong. A bit of time spent studying the history of the last 14 centuries would be well invested.
But back to the economics. Things become much easier to understand if you simplify down to the bone. Take money out of the picture, and look at it as a simple barter transaction. A has oil, B has the capability to make goods (including the machinery needed to discover & extract A's oil, but let's not get into that). A says he'll trade a barrel of oil for some of B's stuff. So what happens is that B is busting his butt making stuff, just so he can get that barrel of oil. If he then proceeds to waste that oil, seems to me the appropriate word to describe him is "fool".
If some of the stuff B sends to A happens to be guns and ammunition, when B knows that A has been saying for years that he plans to come over and enslave B someday... Well, I don't think "fool" is quite strong enough, do you?