This is a good summary from Mises Institute Chairman Lew Rockwell on how The Federal Reserve enables our global war machine, creates the disastrous boom and bust business cycle and devalues or money, driving prices higher.

“If every American taxpayer had to submit an extra five or ten thousand dollars to the IRS this April to pay for the war, I’m quite certain it would end very quickly.

The problem is that government finances war by borrowing and printing money, rather than presenting a bill directly in the form of higher taxes. When the costs are obscured, the question of whether any war is worth is becomes distorted. -Dr. Ron Paul”