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softwaredougtoday at 1:51 PM2 repliesview on HN

It seems one way Iran fights the US asymmetrically is by harming the Federal financial picture with endlessly higher rates + borrowing costs. If this keeps happening month-after-month, year-after-year, we're really going to feel the squeeze.

Treasury has already tried to reassure markets and failed

Add to this other trade war nonsense...


Replies

alangibsontoday at 2:42 PM

Iran said publicly that driving up costs in the USA to effect the coming elections is their strategy.

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iso1631today at 2:09 PM

This would not be happening if the USA had not launched an attack on Iran

This was the desired effect though, as higher oil prices means more profit for US based oil producers. I'm sure that will trickle down any time now.

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