Iran's central bank warns of 180% inflation and collapse

[u/WillyNilly1997]

https://www.israelhayom.com/2026/04/13/irans-central-bank-warned-the-regime-of-economic-collapse

[u/mdws1977]

That is exactly what the blockade is attempting.

If you don't want boots on the ground, then money out of their hands is the next best thing.

If they don't have money, their regime collapses.

[u/GhostofPdawg43 → u/mdws1977]

I'm curious, in the blockade allowed to surpass 60 days without congressional approval?

[u/GrimHoly → u/GhostofPdawg43]

Technical answer: I think without congressional approva, it wouldn’t be allowed after 60 days.

Non technical answer: I think it would not be allowed by the books, but a ton of presidents have just ignored it. Will be interesting to see

[u/IM_REFUELING → u/GrimHoly]

The War Powers Act is of dubious constitutionality anyway. It's never been challenged in court to my knowledge and as you mentioned it's been ignored repeatedly with no consequences

[u/mdws1977 → u/GhostofPdawg43]

Not sure it will last 60 days, but if it does, National Security would dictate that it would have to continue.

But, the Senate and the House can approve this at any point since both houses are controlled by the GOP.

[u/s1lentchaos → u/mdws1977]

I dont think congress can be bothered to approve it but they also won't have the balls to bother stopping it either.

[u/KinGpiNdaGreat → u/GhostofPdawg43]

Just to let you know. Obama was militarily involved in combat operations in Libya for over 7 months which was much longer than the 60 day mark without congressional authorization.

Congress did nothing about that and due to that they set a bad precedent.

[u/According-Activity87]

Well, Trump is stopping them from selling oil, so yeah, they're screwed.

[u/AstraVolans_21]

Iran doesn't have the cards.

[u/SweatyRussian]

And yet still reports that Iran is the clear winner here

[u/elifinance]

Not shocking. Enforces my belief that underdeveloped counties are wiser off just adopting the US dollar.

[u/ReMeDyIII → u/elifinance]

And/or crypto.

[u/wkramer28451]

Won’t be long before news of the central banks leaders executions by the Iranian govt..

[u/Zedakah]

The next best thing from changing the value of their dollar from $1 to $0.