If the people had to actually Pay for the war out of their own pockets, and it was made clear to them that they are the ones funding the War at the behest of their Government, then I think the likely-hood of war would decrease a lot. But then again, the War Bonds, that were issued to pay for one of the wars, were pretty much bought by people who understood what they were paying for, but most of those bonds were bought by those that would profit from the war.
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Yep, knowing that the taxpayers would be the ones to stack on the profits later.