1 Sentences With "minimalizes"

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This certainty guarantees that borrowing minimalizes any political costs. To conclude, wartime borrowing is politically advantageous relative to war taxation: It is just an - although often a significant one - additional source of debt, which blurs the traces of the initiator as the ultimate repayment takes place long after the leader who started the war has stepped down. These characteristics reduce the political costs for the current leader and causes borrowing to generally be more attractive and politically viable than introduction of war taxes.