Dr. Wolfers argues that the true financial impact of the ongoing conflict with Iran far exceeds the Pentagon's reported $25 billion, projecting that the war could cost American households thousands or even tens of thousands of dollars due to factors such as disrupted oil markets, economic instability, and rising military expenditures, ultimately suggesting that the total cost may reach hundreds of billions, if not trillions of dollars. #EconomicImpact #WarCosts #PublicPolicy #US #IR








