Hank Paulson Says the US Will Weather Iran War Fallout Better Than Anyone Else
The former Treasury Secretary says the US will weather fallout from the war better than anyone
Welcome to the Wall Street Week newsletter, bringing you stories of capitalism about things you need to know, but even more things you need to think about. I’m David Westin, and this week Hank Paulson took us through the economics of the Iran war, and we looked into whether the rich are paying their fair share of taxes. If you’re not yet a subscriber, sign up here for this newsletter.
As world financial leaders met in Washington this week, former Treasury Secretary Hank Paulson gave us his analysis of what the war means for them and for us. Recognizing that it depends on “how long it’s going to take,” Paulson focused on “inflationary pressure,” saying “it’s not good for the US economy, but we will weather it better than anyone else.”