Making money appear!
Wars aren't cheap. Put aside the human sacrifice and the social, environmental and political upheaval, there's also the financial cost. For America - and for many other nations - World War Two was their costliest war. The total bill was almost US$5 trillion (adjusted for today's prices). And, given that the U.S. didn't join the war until December 1941, this money covered just the 3 years and 9 months of their involvement. Great Britain and other nations endured six years of war. While the government might wish to hire a load of magicians to make money appear, that wouldn't work in reality. But, many magicians were employed to make money during the war. Here's how... One way that modern governments finance war, is by putting additional money into circulation. In effect, printing money ('magic money'?). But, putting lots of money into an economy will drive up inflation. To compensate for this, governments sell debt securities, known as war bonds. The funct...