Don't forget war. $800 billion to $2.4 trillion spent on the Iraq War depending on who's counting.
https://en.wikipedia.org/wiki/Financial_cost_of_the_Iraq_War
Re:Fed Ends Zero-Rate Era
by PaulWillis on Wednesday December 16, 2015 @06:10PM
(#10748099)
> Don't forget war.
This is really the broken window fallacy.
Building things (roads, spaceships, bridges, etc), funding things (medical research, education, etc) and other obvious things. Low interest rates make longer term projects much more viable.