How future Value Creators Finance Today’s Privileged The Iraq War differs from previous major conflicts by one decisive factor: it was not financed through tax increases, but through loans and tax deductions at the same time. This has created a massive transfer of wealth away from current and future value creators to a privileged elite in the United States of today. 1. Mortgaging Future Value Creation Often, wars have been financed by the state asking its citizens/workers ( the value creators ) to contribute more in the "here and now" through war taxes. During the Iraq War, the U.S. chose a different path: they borrowed the money. This means that the bill was not paid by those living when the war began; instead, it was pushed into the future. Every dollar spent in Iraq is, in reality, a claim against future value creation. When today’s and tomorrow’s workers in the U.S. and other Western nations produce value, a significant portion of this "harvest" is diverted...