Post
"Stocks and bonds slipped and oil and gas prices surged. Investors sought havens like the dollar to protect their money from the uncertain and unpredictable effects of the fighting on the world economy."
#Trump #war #Iran #economy #EconomicElites #prices #inflation #gasoline
/11
"It is easy to pay a bill if you’re not using your own money.
That’s the thought that kept ringing through my head as I watched the 'Secretary of War' smirk and chortle his way through a war time press conference wherein he disparaged our allies for 'clutching their pearls' and dismissed what he called 'stupid rules of engagement.'”
~ Michele Hornish
#Trump #war #Iran #economy #EconomicElites #prices #inflation
/3
https://michelehornish.substack.com/p/the-fortunate-son-sends-us-to-war
"The war in the Middle East has plunged financial markets into turmoil for a second day, with oil and gas prices surging, global stock markets slumping and chances of a UK interest rate cut later this month plummeting."
~ Julia Kollewe and Graeme Wearden
#Trump #war #Iran #economy #EconomicElites #prices #inflation
/4
"In the hours before the strike, six newly-created accounts on the prediction market Polymarket raked in nearly $1 million by betting that the U.S. would strike Iran by February 28."
~ Judd Legum, Rebecca Crosby, Noel Sims
#Trump #war #Iran #economy #EconomicElites #prices #inflation
/5
"We will learn at some time in the future that Donald Trump’s war has been all about one thing, his thing, the only thing he has ever cared about: Money.
It’s perfect. He can hear the pile drivers for his ballroom, but he can’t hear the bombs."
~ Lucian K. Truscott
#Trump #war #Iran #economy #EconomicElites #prices #inflation
/6
https://luciantruscott.substack.com/p/i-watched-trumps-medal-of-honor-ceremony
"Americans have short memories, but they do recall that Trump was reelected to accomplish three things: First, to get prices down. ...
Second, he promised to get control of the nation’s southern border. ...
His third promise was to avoid foreign entanglements."
~ Robert Reich
#Trump #war #Iran #economy #EconomicElites #prices #inflation
/7
https://robertreich.substack.com/p/trump-has-no-fcking-idea-what-hes
"Global markets slumped and energy prices spiked amid fears the Iran war will cause prolonged disruption, with U.S. crude jumping more than 13% to its highest since January 2025, international benchmarks surging, U.S. gas prices rising to $3.077 per gallon and expected to climb further," (continued in /9)
~ Aaron Parnas
#Trump #war #Iran #economy #EconomicElites #prices #inflation #gasoline
/8
https://aaronparnas.substack.com/p/major-news-gas-prices-soar-stocks
