> made it politically viable for the US government to inject a massive stimulus into the economy
Well, Britain transferred all its money to the US for arms, so that would help the US economy. (Churchill spent the last year of the war concerned with how to pay for it.) Also, there were wage and price controls to control speculation (and inflation.)
Well, Britain transferred all its money to the US for arms, so that would help the US economy. (Churchill spent the last year of the war concerned with how to pay for it.) Also, there were wage and price controls to control speculation (and inflation.)