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The Two-Tiered Damage of the Iran War

Original Analysis | SchiffGold | 15 Apr, 2026

Do not let them get away with the war in Iran. The stock market is up, but the war’s consequences cannot be wiped away cleanly with financial success. Politicians have long avoided accountability for any sort of foreign involvement. Trump led all of his voters into believing that he wanted an end to foreign wars and was going to promote peace. While pulling at the heart strings of conservatives, he simultaneously used methods of economic control that were unprecedented in recent years while also bringing the US into unnecessary foreign conflict. It was easy to point out the hypocrisy of the Obama administration as they professed a desire for world peace, while also completing numerous drone strikes against an indiscriminating group of targets in the Middle East. War can be justified, but it must be recognized that the default nature of the American government towards has been one of constant interest and preparation. The people do not want the lack of ability to defend ourselves or a commitment against all wars, but they do want the constant web of unsuccessful foreign entanglements to be thrown off. Whether the war wraps up in the next few weeks or drags on for years, citizens have a responsibility to never forget the ways in which it has and will continue to hurt them. The first layer of costs from the war are obvious: gas prices, loss of life, loss of the United States position of leadership in the world. The second layer of costs, however, are much more nebulous yet far more dangerous. These costs will not be attributed by many to the war, but they are direct results nonetheless. The increase in the government propensity towards war and other methods of domination towards its own people and others has been recalibrated by this conflict. The level of debt or level of taxation will increase to an even more unsustainable level to account for this fast increase in spending and military development spending. The first costs should outrage you, but the second layer should turn that anger into sustained action against government overreach.…

economic impact foreign policy geopolitics government spending inflation military intervention national debt Oil Prices policy war