Name: Trump Just Attacked Iran — Here's What It Means for Your Money
Uploaded: 2026-03-04T18:05:06.000Z
Duration: 9 min 11 s
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The war with Iran is getting entirely out of control.

Future simple

And here is what it means for your money, because it is fundamentally going to change how you make money, and

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it's going to directly impact the quality of your life.

When the war started, they told us that it is going to be a very quick war.

A couple of airstrikes to force Iran to surrender.

This is the country that has been preparing for a war for.

And they have technology, they have leadership, they have a system, and they have a regime.

A regime that the United States wants to change.

Now, this video is not about justifying the war or anything like that or taking sides, but

rather, I want to focus on the financial side of it, on how it is going to impact you and how you can take the right measures.

Now the war is getting out of control because Donald Trump himself said that this war can take more than a month.

President Trump has all the latitude in the world to talk about how long it may or may not take.

A month later, they might say that we need troops on the ground, and

it's easily going to turn into one huge war because the war is already impacting the entire region.

All the neighboring countries are now directly involved in this war.

Even the British prime minister came out and said that the United States can now use the British bases all across the Middle east for this operation.

Look at how high oil prices have already went.

$120 per barrel is entirely possible within this week.

The problem is, if this war turns into another Vietnam, it is fundamentally going to change the way the US Economy is working.

When the United States started the Vietnam War, it cost the US government into.

But the difference between today and back in the days was that the United States was still on the Bretton woods agreement, which was the gold standard.

So every single dollar was backed by gold.

The United States was actually having a huge hole in its budget.

On one side, it has to fund all of these social programs, such as Medicare, Social Security.

On the other side, you have this war that is taking hundreds of billions of do out of your budget.

So the United states started selling U.S. treasuries to borrow money to fund that war.

But at some point, it realized that now it has spent so much money outside the United States and so many countries were left with a lot of US Dollars.

And because every dollar was backed by gold, guess what countries began doing?

They were worried that if the United States will be able to pay back its loans, will the United States be able to exchange all of these US Dollars for gold?

Now at this point, the United States has already printed more dollars than the amount of gold that it has.

So France was the first country that said that, let's test this system.

Let's take all our US Dollars, send them in a huge ship to the United States and let the United States convert them into real physical gold and send it back to France.

We which the United States surprisingly did.

And then the United States realized that if we continue doing this thing, we will be out of gold in a week.

So Nixon gets out and says that the United States officially gets out of the gold standard.

Now that had a fundamental impact on how the US economy works.

Because up until 1971, productivity and wages grew side by side.

So when people become more productive because they're working longer hours, they're becoming much more efficient, they're doing a far better job, their wages rise.

So people were generally happy with that system because the dollar was directly backed by gold.

But because the dollar was abandoned or the gold standard was abandoned, there was instantly a massive inflation in the market.

So the dollar it is value evaporated overnight.

Yes, wages also grew to a certain extent, but

the inflation was much higher than the increase in wages.

Which means that even though that people's paycheck have risen, they could buy a lot less things with these wages than they used to before abandoning the gold standard.

And that's why there are so many people today who are living paycheck to paycheck, even though that the US economy today is significantly larger than it has ever been.

Just look at the GDP, look at the economic growth that the United States had over the last 50 years.

The second biggest change was that people's savings evaporated.

Now nobody actually took your money out of your bank account.

If you had like a million dollars in 1968, by 1972 it was still the exact same million dollars.

But that million dollars could buy a lot less things.

Now before, if you had your money in the bank, the bank is going to pay you interest for keeping that money in the bank.

But after 1971, when inflation instantly rose, the banks still kept paying interest, but

they paid a lot less interest than the inflation rate.

Which means that even though that you're receiving interest on your savings in a bank account, you're still losing money to inflation because now the dollar is not backed by anything.

And if you think that was specifically for 1970s, then you're making a huge mistake because we have the exact same thing happening today.

And if you don't believe me, just go to Google and check how much JP Morgan, how much Chase, how much Citibank is paying you an interest for keeping your money in the bank.

And you will see a very miserable percentage.

And take that and just compare it to inflation and just see the difference.

And I haven't even talked about how many times they have changed the way they calculate inflation since 1970s.

Because if they haven't changed it and if they do inflation today the way they do inflation 1970s, I can tell you for a fact that the real inflation today would be more than 10%.

They don't want to let you know that I have made literally an hour long video on this channel explaining step by step on why they changed it, how they changed it.

And that entire system and that entire change fundamentally, fundamentally changed the American households.

Because it was back in 1970s that the United States has moved to dual household income.

Before 1970s when there was one person working in the family in a household, he could afford an affordable living for his entire family.

After 1970s because wages stagnated and prices and the cost of living kept rising.

Because prices began soaring since 1970s while wages didn't increase much, people had to find a way to survive.

That is why we have dual household income.

And even with dual household income, the vast majority of Americans are still living paycheck to paycheck.

And that's how the Vietnam War has changed the way the American economy functions.

And if this war is going to turn into another Vietnam the then you can easily see how it's going to impact your money directly, how it's going to impact your savings, how it's going to impact your wages, and

how it's going to impact the entire economy.

So looking backwards over the last 50 years, the real winners of this economy became no longer the workers, but

rather the capital owners, the investors, the people who own businesses.

Because as inflation kept rising, the value of these businesses kept growing as well.

Back in 1960s and even early 1970s, three households income would actually get you a house.

Which is why if this war is going to continue, the exact same thing is going to repeat.

Because this war will be funded entirely with debt.

While we are not going to abandon the gold standard because we don't have the gold standard.

We are going to devalue the value of the dollar to be able to fund this war.

Because the government is already running such a huge debt.

The longer this war is going to last, the poorer you're going to get.

The more inflation there is going to be, the more the dollar is going to lose its value.

So if you want to protect yourself, start investing as early as possible.

And if you don't believe me, just look at what happened to the price of gold.

Just over the last couple of years, it has already increased from less than $5,000 to, to $5,500.

Before the next video comes out, the price of gold could be over $6,000.