RE: Iran Just DUMPED THE DOLLAR! Remember What Happened the Last Time a Country Did That?
One might argue that much more is spent on US defense spending (including the salaries of government workers who created, use and/or maintain objects with said US defense spending) then 500 billion stated in your spending growth graph.
It's probably more like trillions and I think I can prove it but idk:"The Office of the Assistant Secretary of the Army (Financial Management & Comptroller) (OASA[FM&C]) and the Defense Finance and Accounting Service Indianapolis (DFAS Indianapolis) did not adequately support $2.8 trillion in third quarter journal voucher (JV) adjustments and $6.5 trillion in yearend JV adjustments1 made to AGF data during FY 2015 financial statement compilation.2" http://www.dodig.mil/reports.html/Article/1119298/army-general-fund-adjustments-not-adequately-documented-or-supported/
Agree it is more but I'm sure @themoneygps only wants to use numbers reported to be as fair as possible. There is so much money not recorded in defense spending that it is ridiculous. I still do not see any angle how America stays strong financially over the lifetime of my son. :(