Will U.S. Strikes On Iran Trigger Stagflation Risk?

Today will be yet again our most intense day of strikes inside Iran. This was an excursion that a lot of people wouldn't have done. I knew oil prices would go up if I did this, and they've gone up probably less than I thought they'd go up.The war in Iran has been a kind of classic oil shock. We had this big, surprising US attack that all of a sudden sent up the price of oil dramatically. Everybody was worried.All of a sudden there wouldn't be any more oil. Since then, you've had individual attacks by the Ir ...