U.S. Treasury Secretary: 50 Days of Inflation Could Buy 50 Years of a Nuclear-Free Iran

BlockBeats News, March 22nd, according to NBC News, U.S. Treasury Secretary Bennett defended the U.S. and Israeli attacks on Iranian infrastructure, stating, "Sometimes you have to escalate to de-escalate." In response to Trump's ultimatum to Iran to open the Strait of Hormuz within 48 hours and a threat to destroy its power plants, Bennett said this was "the language only Iranians could understand." Bennett referred to the key Iranian oil production hub of Khark Island, stating that "all options are on the table," including deploying U.S. forces to control the island.

Bennett also stated, "I think the American people understand that after enduring 50 days — I don't want to be too specific on the timeframe, but let's just say 50 days — of temporary price increases, prices will eventually fall back down; and in return, we will have 50 years of peace, meaning an Iran without nuclear weapons. Thanks to President Trump, the American people are beginning to understand this principle: without security, there can be no prosperity."

When asked if this meant prices would start falling after 50 days, Bennett said, "I just gave an example off the cuff earlier. I don't know if it will be specifically 30 days, 50 days, or 100 days, but to achieve 50 years of peace in the Middle East, weakening the Iranian regime."