The Iran War Has Already Cost Your Household About $1,000 — and One Harvard Expert Says the Real Bill Is $7,500
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Steve Balestrieri
5d agoen
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National Security JournalThe Iran War Has Already Cost Your Household About $1,000 — and One Harvard Expert Says the Real Bill Is $7,500nationalsecurityjournal.orgThe Iran war is hitting your wallet whether you noticed or not: about $1,000 per household so far, by Moody's chief economist's "conservative" estimate — and a Harvard expert puts the eventual bill at $7,500. Oil is back to prewar prices, but gas sits at a four-year high of $3.84, prompting Trump to accuse oil companies of overcharging. Add pricier groceries, $100 more per flight, delayed rate cuts, and a $113 billion Pentagon tab — and it's fair to ask, as the economist did, whether it was worth it.
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