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

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January 24, 2023

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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.

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New cold war math: US Fed exaggerates China's military spending with absurd graph · Geopolitical Economy Report · Sentinel