The IRGC is mainly interested in assuming control of shipping and charging tolls on oil right now. That alone upends centuries of American foreign policy, and sets a precedent that paves the way for a return to mercantilism.
With control over the strait, they can decide how many oil tankers get through, which is a direct lever on the price of oil, solely in their power. Further, that bitcoin fee not only affects the status of the USD as the world reserve currency, it can also much fund most of their government and effectively sidestep the intended effect of sanctions.
They don’t need to charge tolls on any other kind of boat to absolutely be claiming victory with this. To say nothing of a Russian oligarch’s yacht.
That alone upends centuries of American foreign policy, and sets a precedent that paves the way for a return to mercantilism.
One thing I’ve gotta hand to the Trump regime, the shit they’re pulling is getting (at least some) people to learn all sorts of stuff about history and civics that they never had to care about before.
I’m betting the 3rd Amendment is gonna become relevant again any day now, if nothing else, just so Stephen Miller can finish filling out his Bill of Rights violation bingo card.
The IRGC is mainly interested in assuming control of shipping and charging tolls on oil right now. That alone upends centuries of American foreign policy, and sets a precedent that paves the way for a return to mercantilism.
With control over the strait, they can decide how many oil tankers get through, which is a direct lever on the price of oil, solely in their power. Further, that bitcoin fee not only affects the status of the USD as the world reserve currency, it can also much fund most of their government and effectively sidestep the intended effect of sanctions.
They don’t need to charge tolls on any other kind of boat to absolutely be claiming victory with this. To say nothing of a Russian oligarch’s yacht.
One thing I’ve gotta hand to the Trump regime, the shit they’re pulling is getting (at least some) people to learn all sorts of stuff about history and civics that they never had to care about before.
I’m betting the 3rd Amendment is gonna become relevant again any day now, if nothing else, just so Stephen Miller can finish filling out his Bill of Rights violation bingo card.
Maybe most of us are too young to have Fucked Around, but we’re all Finding Out together
(〃￣︶￣)人(￣︶￣〃)