Ben Shapiro
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And we can't pretend that away.
According to the Wall Street Journal, consumer prices rose 3.8% in April from a year earlier.
That is a clear impact of higher gas prices since the start of the war in Iran.
If you exclude food and energy.
Then inflation is up year over year at a 2.8% rate, which again is not wildly high.
3.8 is pretty high.
And that is because, of course, of the surge in the oil prices.
Now, when we hit the end of the war, those prices are going to drop precipitously.
All the conditions are there.
When the Strait of Hormuz opens again, UAE is no longer a part of OPEC.
They are going to pump like crazy.
Iraq needs to make up for lost time.
They're going to pump like crazy.
The same is true of Qatar.
The same is true for Saudi.
So the price will decline markedly in the aftermath of the war in Iran.
But all of this is directed, again, against China.
So what is China's hope?
Well, China's hope is that we remain stupid.
There is a reason why China has been operating algorithms like the TikTok algorithm that are, in fact, directed at Americans.