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Ron Paul Liberty Report

Will the Dollar be a Casualty of the Iran War

Ron Paul Liberty Report

Ron Paul Liberty Report

News

4.92.3K Ratings

🗓️ 9 March 2026

⏱️ 5 minutes

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Summary

Will the Dollar be a Casualty of the Iran War by Ron Paul Liberty Report

Transcript

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0:00.0

Will the dollar be a casualty of the Iran War? President Trump's unconstitutional and unjust war

0:12.3

against Iran is setting back his affordability agenda. The war has caused a big rise in gasoline prices.

0:22.6

Among the related concerns is the hindering of the movement of oil through the Straits of Hermuz,

0:28.6

the only available passage for ships to transport oil from the Persian Gulf.

0:36.6

The increased costs will do more than raise prices at the pump.

0:41.8

An increasing gas prices brings increased transportation costs that will be passed along to the

0:48.8

consumers. Prices are a variety of goods, including food, will increase.

0:56.6

No wonder, Energy Secretary Chris Wright, White House Chief of Staff, Susan Wiles,

1:02.8

and other Trump administration officials are frantically working to develop policies to lower gas prices. One possibility under consideration is deploying

1:16.0

U.S. troops to try to ensure ships can pass through the straits of her moves. This could turn

1:23.7

into a permanent deployment of U.S. troops. According to the Center for Strategic and

1:31.1

International Studies, the U.S. government is spending about $891.91 million a day on the Iran war.

1:42.4

These costs are likely to increase as the war drags on and the U.S. increases

1:49.4

its military presence, possibly even putting boots on the ground in Iran. According to numerous

1:56.8

media reports, the Trump administration is preparing a $50 billion supplemental funding request

2:05.1

for the Iran War. This request will soon be sent to Congress. This funding would be added

2:13.9

on top of the defense budget. The supplemental bill is likely to pass with overwhelming

2:21.6

bipartisan support. The Trump administration's $50 billion price tag is a floor, not a ceiling.

2:32.4

Senators and representatives will seek to add their spending priorities to this

2:38.0

must-pass legislation, while corporate lobbyists are no doubt already preparing wish lists to present to

2:48.0

lawmakers. The cause of the Iran War will further increase the already over $38 trillion in rising national

2:57.6

debt.

...

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