What be in y’all’s opinion the best ammo, as in bullet weight and design to have around for a carbine? Hunting/SD. Plus P 38’s are a lot easier to find than the magnums (and cheaper)…
Hunting what? I shot 140 grain XTPs with a max load of Win 296 out of a Marlin 1894C on a jackrabbit hunt a decade or more ago .. they were quite spectacular. Enough velocity to blow up, enough weight to carry through. I can't say they were better than 110s or 125s but I can say they were damned fun.
If you're after bigger things .. deer, etc, i'd give 158 grain JSP or 180 grain JHP ammo a serious look. Given what's most available to me right now, that'd be Hornady XTPs.