Business
Iran's official inflation climbs to 21.5%
Reuters
Published: 10.04.12, 14:11
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5 Talkbacks for this article
1. As the leaders are, so are the people.
Carl van Zijll de Jo ,   Lincoln, NZ   (04.10.12)
As the leaders are, so will be their followers/subjects. In accordance to the Laws of Economics (Google “The World Monetary Order”) the leaders are provoking other nations to unnecessarily, baseless, and wasteful threads. This is a reflection of their moral, social, and academic development, which is reflected in the value (inflation) of their subordinate substitute “money” (currency). However, on a global scale we see this phenomenon affecting the value (inflation) of every currency indicating that we are heading for some major destruction/disasters... killing many in order to maintain the “Fine Balance”..
2. If thats the OFFICIAL rate..think imagine
Tim ,   Brighton   (04.10.12)
What the REAL rate is now 1.Estimated current ROI even by Iranian Economists is around 45%...and could reach Hyperinflation by year end 2.Clandestine personal and corporate money transfers out of Iran and that INCLUDES RG transfers EXCEED $6.5bn per month 3. Nuclear and Military spending now EXCEEDS 60% of GNP 4. Foreign Currency and Gold Reserves are virtually NIL 5. Grain reserves are almost NIL 6. Petrol Diesel and Aircraft Fuel Reserves virtually NIL And what has Ahmadimejad got to show for all of this? A Nuclear Bomb? A guy who in front of the Worlds Cameras fawns and caresses a Nuclear Rod like some object of desire and then says a blessing over it? All this for what? To use when? To attack whom? Whilst Irans Economy plunges into melt down? Do you know just how long it could take to recover if the Iranian Economy did reach rock bottom? Anything up to 20 years! The only ansmer I can come up with is simply that AhMADinejad is stark raving MAD
3. MAKES NO DIFFERENCE!
Iranian Jew ,   Los Angeles   (04.11.12)
The Iranian regime owns every major company. Energy, communications, steel or any other industry there is. Sanctions will only work with private companies. Nothing major is private there in Iran. They channel the cash through Russia and China. They have been doing this for years. Russians will be profiting even more now. They have to do all major transactions. they play the Devil Advocate here. They will keep flaming the issue while making money.
4. WHAT IS POPULATION OF IRAN?
Iranian Jew ,   Los Angeles   (04.11.12)
Let's say it is about 70 million. Over 60% which is 42 million are getting direct paycheck by the government. These are all military and government apparatus. No sanctions is going to beat that. The regime of Iran has a kind of a communist economic system. If that paycheck is cut off then something can be done. Otherwise all citizens are government employees there and they will not topple their own salary.
5. So Mr Iranian Jew In Your Oppion
(04.12.12)
What would effect The Pocket Book of the little bearded monkey and the mad mullahs? Could a Grass Roots Movement do it?
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