Iran’s economy is imploding. And American hawks are celebrating it as an opportunity for Washington to turn the screws on the Iranian regime. To the hawks’ credit, they’re not wrong: sanctions have broken the Iranian economy. By one analysis, Iran’s inflation rate jumped 30% just this month. But is crushing the Iranian economy with sanctions a policy goal we should strive for? Is American policy best promoted by limiting cancer drugs and delaying the delivery of coronavirus testing kits? American hawks seem unfazed by these effects, callously likening the sanctions to “tightening the noose.”...
The Ruinous Results of ‘Maximum Pressure’ Sanctions on Iran
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