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Posted on 03/09/2026 7:04:51 AM PDT by RandFan
President Trump’s unconstitutional and unjust war against Iran is setting back his “affordability” agenda. The war has caused a big rise in gasoline prices. Among the related concerns is the hindering of the movement of oil through the Strait of Hormuz, the only available passage for ships to transport oil from the Persian Gulf
The increased costs will do more than raise prices at the pump. An increase in gas prices brings increased transportation costs that will be passed along to consumers. Prices of a variety of goods, including food, will increase.
No wonder Energy Secretary Chris Wright, White House Chief of Staff Susan Wiles, and other Trump administration officials are frantically working to develop policies to lower gas prices. One possibility under consideration is deploying US troops to try to ensure ships can pass through the Strait of Hormuz. This could turn into a permanent deployment of US troops.
According to the Center for Strategic and International Studies, the US government is spending about 891.4 million dollars a day on the Iran War. These costs are likely to increase as the war drags on and the US increases its military presence, possibly even putting boots on the ground in Iran.
According to numerous media reports, the Trump administration is preparing a 50 billion dollars “supplemental” funding request for the Iran War. This request will soon be sent to Congress. This funding would be added on top of the defense budget.
The supplemental bill is likely to pass with overwhelming bipartisan support. The Trump administration’s 50 billion dollars price tag is a floor, not a ceiling. Senators and Representatives will seek to add their spending priorities to this “must pass” legislation, while corporate lobbyists are no doubt already preparing “wish lists” to present to lawmakers.
The costs of the Iran War will further increase the already over 38 trillion dollars and rising national debt. The rate of increases will be greater as long as the government is spending almost a billion dollars a day, or more, on a regime change war in Iran.
The costs of this war will put added pressure on the Federal Reserve to keep interest rates low and increase its purchase of Treasury bonds in order to monetize the federal debt. The pressure on the Fed will also increase as other countries reduce their purchase of US debt. These reductions will be motivated by concerns over the economic instability caused by the US government’s out of control spending and by resentment over the US government’s hyperinterventionist foreign policy. These factors could also accelerate the increasing rejection of the dollar’s world reserve currency status. A loss of the reserve currency status will cause a dollar crisis, leading to an economic crash worse than the Great Depression.
This crash will likely result in the end of the welfare-warfare-fiat money system. Whether this system is replaced by an even more authoritarian one or by a system of limited government and much more freedom depends on whether those of us who know the truth do our best to spread the message that the key to peace and prosperity is a system of free markets, limited government, individual liberty, and peaceful relations and free trade with all nations.
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Every day my opinion of the guy who clocked him sometime ago increases.
Doom Despair agony on me
Deep Dark depression pain and misery
If it weren’t for bad luck, I’d have no luck at all
Doom Despair always from Ron Paul
Ron Paul is a retard.
Anyone idolizing him is also a retard.
and he’s been right all along about most everything
LOL ... buy gold!
POTUS has 90 days. Get a grip.
Give Ron Paul lemonade and he’ll turn it into lemons. 😏
When you open with a question, you don’t know the answer.
Obummer waged an 8-month war against Libya and the democrats in congress never had a problem with it, they never authorized it and even supported Obummer doing it without congress.
Democrats have absolutely no ground to oppose this at all.
Ron Paul: Just as nonsensical as ever.
Is Ron Pual a self-aggrandizing narcissistic idiot?
> POTUS has 90 days. <
Kinda. I believe he has 60 days to use armed forces, then a further 30 days to withdraw them.
I trust Trump’s judgment. But the next Democrat president will almost certainly be a radical. So in general, I am wary of an imperial presidency. And I think that’s in keeping with the wishes of the Founders.
RandFan wrote: “Ron is sharp as a tack at 90 odd”
No, when Ron Paul calls the Iran operation “unconstitutional and unjust” he is still the birdbrained bonehead he’s always been.
OMgosh, get this man some crepe to hang.
If Ron Paul says it, it’s bound to be wrong.
In Ron Paul World there are no hostile countries needing to be dealt with.
In fact, in Ron Paul World all military spending is a waste because the Invisible Hand of the market, and gold, will deliver the best of all possible worlds.
Can’t get past the opening sentence.
So why did W. Ask Congress for authorization not once but twice for Afghanistan and Iraq?
Much as I opposed Iraq War he did at least seek authorization from Congress
I don’t think your right although I applaud the skepticism
I have problems with this whole thing. Iran is certainly a serious threat. But it’s not an immediate threat. Shouldn’t Congress be more involved here?
Because they haven’t been an ‘immediate perceived threat’ we have thousands of dead and injured Americans from a war declared and prosecuted by them. I would call that an Executive and Congressional GIGANTIC failure for 47 years.
So, I agree, follow the law. After 50 days go to Congress and ask for a ‘Declared War’ to protect Americans from a nation that has been attacking us for decades. Let all of Congress be seen for a vote. We got Elections this year, and everybody should see who and what is running.
Currency depreciation happens during peace as well as war. Rather, the value of the dollar depends on (a) people’s incentive to hold dollars rather than (b) spend then into an inflationary spiral. Trump’s attempts to use the Federal Reserve Board to force down interest rates encourages (b) rather than (a).
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