Ben Shapiro

Quote, the U.S.

naval blockade of the Strait of Hormuz would cost Iran approximately $276 million a day in lost exports and disrupt $160 million a day in imports, a combined economic damage of $435 million a day or $13 billion per month.

Over 90% of Iran's $110 billion in annual trade transits the Persian Gulf.

Oil and gas accounts for 80% of government export earnings and 24% of GDP.

Karg Island alone generates $53 billion a year or $78 billion a year in energy revenue.

The Rial has already cratered from $42,000 to $1.5 million per dollar.

Banks are currently limiting withdrawals in Iran to $18 to $30 per day.

The overall inflation rate is 47.5%.

And a blockade eliminating all foreign exchange earnings pushes the rial into terminal hyperinflation.

The regime had just issued its largest ever banknote, 10 million rials.

That sounds like a lot of money, 10 million rials.

That is $7.

$7.

So the blockade basically ends the Iranian economy.

Now, the Iranians presumably are hoping that this only lasts for a short period of time.

But the New York Post is reporting this morning that the Iranians are already talking about the possibility of giving up the ghost and ending their nuclear program.

This is exactly what President Trump predicted yesterday with Maria Bartiromo over on Fox.

OK, so does that sound like tacoing to you?

This was the president giving Iran the opportunity to take the off ramp.

And if Iran chose not to take the off ramp, well, hell was coming.