Trump could end the Israel-Iran war with two phone calls. Will he be the peacemaker? Or will he order a US attack on Iran?

America First, Mr. President, means liberty, limited government, free enterprise, and peaceful relations with other nations.

The meaning of America First, and here as well.

The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists. Ernest Hemingway

The government and its chiefs do not have the powers of a mythical Santa Claus. They cannot spend except by taking out of the pockets of some people for the benefit of others. Ludwig von Mises

MAKE AMERICANS FINANCIALLY INDEPENDENT

New York Business Now posted an article about MAFI.

In today’s WSJ, David Albright identified as “an American physicist and nuclear-weapons tracker [and] is among the world’s foremost experts on Iran’s nuclear programs.”

Some of Albright’s statements should be vetted carefully regarding the assertion that Iran is on its way to building nuclear weapons. Iran could “make enough weapon-grade uranium for 11 nuclear weapons within a month (emphasis added).

The article continues with another of his statements. Albright’s “worst case assessment” is that Iran could “still break out and produce enough weapon grade uranium at Fordow”—which is located in a deep mountain facility south of Tehran and would be the target of both Israel and the US, if Trump decides to get directly involved in the war.

The lengthy article based on an interview with Albright contains several assertions implying that Iran’s nuclear enrichment program’s goal is the creation of nuclear weapons, thus making it an existential threat to Israel.

However, as former CIA analyst Larry Johnson noted, Iran does not have nuclear weapons while Israel has anywhere between 80-200 nuclear bombs, which it never has acknowledged and never has allowed inspections of its nuclear program.

If President Trump calls the Iranian leadership and Israel prime minister Netanyahu and demands the Middle East be a nuclear free zone and allow international inspectors to monitor both country’s nuclear program for peaceful purposes the war should end immediately.

Would Israel agree to such a proposal? Probably not. But at least the world see that Israel first introduced weapons of mass destruction into the Middle East, and if any of its neighbors decide to build nuclear weapons it is because the Israeli leadership has destabilized the region.

Iran has stated repeatedly that it is not building a nuclear arsenal. The only way for Israel and the US to know for sure is to allow for widespread inspections.

The fate of the Middle East—and possibly that of world peace—is in Trump’s court. If he wants a Noble Peace prize, he should make two phone calls immediately and end the carnage in Iran and Israel.

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Perry Atkinson and I recently discussed the unfolding economic events.

James Bovard on protectionism.

Recent interviews discussing the state of the economy with Perry Atkinson, Jim Peters, and Randy Durham.

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Dave Campbell and I discuss MAFI on the Clarity and Chaos podcast.

Col. Mike and Dr. Mike and I discuss Trump and his promises on the National Security Hour.

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Restoring free enterprise, medical freedom, and a constitutional federal budget.

The insufferable Jim Cramer reveals his economic ignorance in a recent CNBC rant.

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Tom DiLorenzo’s pamphlet, Axis of Evil, is now available at the Mises Institute.

Order a free copy of Rothbard’s money and banking classic monograph. Or, you can read it online here.

My December 10 talk on medical care.

America’s debt bomb.

Bob Murphy interviews Dr. Keith Smith of the Surgery Center of OK.

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Murray Sabrin, PhD, is emeritus professor of finance, Ramapo College of New Jersey. Dr. Sabrin is considered a “public intellectual” for writing about the economy in scholarly and popular publications. His book, The Finance of Health Care: Wellness and Innovative Approaches to Employee Medical Insurance (Business Expert Press, Oct. 24, 2022), and his other BEP publication, Navigating the Boom/Bust Cycle: An Entrepreneur’s Survival Guide (October 2021), provides decision makers with tools needed to help manage their businesses during the business cycle. Sabrin's autobiography, From Immigrant to Public Intellectual: An American Story, was published in November, 2022. He is also the author of Why the Federal Reserve Sucks.