One conceivable future scenario is that Trump was right about destroying the Iranian theocracy opening gates to peace and prosperity in the Middle East, oil returns to $30-40/barrel, there is no more war in that region, and AI delivers productivity enhancements allowing 4% real growth—which would make current fiscal concerns appear trivial in retrospect.

forecastpending

Speaker

Jim Grant

Evidence Quote

That Trump was right. That the destruction of the theocracy in in Iran was going to open the gates to a a wonderful age of peace and prosperity in the Middle East.

Source

We Asked Jim Grant What War Means for InflationExcess Returns
Created: 8/12/2026, 10:39:06 PM

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