This War Isn’t Affordable – It’s Debt-Funded

Unsurprisingly, the United States’ latest war is expensive and will almost certainly be financed via debt and inflation. While right- and left-wingers bicker about the costs of conflict in Iran, both sides have lost sight of the fact that the US can’t afford either of their preferred slates of government services– whether it be regime change in the Middle East or endless entitlement programs.

The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those of Peter Schiff or SchiffGold.

After President Trump decided to join with the Israeli government to launch this new war on Iran, establishment Democrats have struggled to find an angle to attack the president’s decision.

They have struggled because, despite the false characterization pushed on Fox News, most centrist Democrats are enthusiastic supporters of both the Israeli government and the joint US/Israeli strategy of containing Iran to protect Israeli hegemony in the Middle East.