Run Away Inflation in Iran - I Guess I"d Run Too, As the Railed Rial Ran
Over the years, I have not been a proponent of economic sanctions because I believe it hurts the people, when generally the political impasse of a rogue nation-state has more to do with their Machiavellian leadership.
In fact, it is my belief that often the citizens of those nations are the ones who were misled, abused, and are led by fear from a heavy-handed illegitimate regime.
Thus, why would you do anything that would further victimize the people who are already under duress from the bad apples that run the leadership of their nation.
Now then, one could argue that the people allowed these dictators, or illegitimate regimes to come into power in the first place, therefore it is also their fault.
However, I would submit to you that often brainwashing through the media, as well as extremely manipulative leadership is the real cause.
Nevertheless, economic sanctions, or economic warfare is perhaps better than firing live ammunition, gas air weapons, or bombs and missiles into another nation.
It seems more humane, and perhaps it is, or perhaps not.
Now then, let's take this fast forward to what is going on with the Iranian regime as they are hell-bent and desire to create nuclear weapons, and the economic sanctions which have been put forth by the rest of the free world.
There was an interesting article in the AFP Space War Edition on December 21, 2011 titled; "Iran preoccupied by plunging currency," which stated what most people feared would happen with Central Bank sanctions on Iran occurred.
The article stated: "The currency, the Rial, was trading at 15,800 to the dollar -- its lowest point ever, and an indication of the fragility of the economy as ramped-up Western sanctions bit.
" Of course, President Ahmedinejad tried to put a positive spin on it, telling the people everything was fine, and the currency and economy was safe, even fundamentally sound; "Rumors started by profiteers and sought to reassure the public that the economy was "stable and calm," and "We are not experiencing any particular problems," asserting that foreign exchange reserves were at a historic high," and continued to label the currency run on "mischief from outside and inside.
" In the past, the wealthy Iranians had left the country with their money after the fall of the Shaw of Iran, more recently the wealthy still in-country had invested in Real Estate to shield them from inflation, but now it seems to be too late, as the currency has crashed and perhaps cannot recover, as the Iranian Central Bank just does not have the leverage or fire-power to stop the landslide.
So, is Iran's economy gone, is it over? Was it really worth it for them to develop nuclear weapons to serve their political will and expand their brand throughout the Middle East? Will they waste no time in a preemptive last-stand strike against their enemies, perceived or otherwise? Entire family fortunes are being lost right now, and there will be severe shortages of food, fuel, and just about everything else it takes to run a civilization.
All because an illegitimate regime has threatened the world, while its people stood by and let it happen.
Now everyone has to pay, including the rest of the world which actually needs the resources that Iran produces.
What a terrible situation for the human race.
Indeed I hope you will please consider all this and think on it.
You humans need to do better than this, I am not impressed, nor pleased.
In fact, it is my belief that often the citizens of those nations are the ones who were misled, abused, and are led by fear from a heavy-handed illegitimate regime.
Thus, why would you do anything that would further victimize the people who are already under duress from the bad apples that run the leadership of their nation.
Now then, one could argue that the people allowed these dictators, or illegitimate regimes to come into power in the first place, therefore it is also their fault.
However, I would submit to you that often brainwashing through the media, as well as extremely manipulative leadership is the real cause.
Nevertheless, economic sanctions, or economic warfare is perhaps better than firing live ammunition, gas air weapons, or bombs and missiles into another nation.
It seems more humane, and perhaps it is, or perhaps not.
Now then, let's take this fast forward to what is going on with the Iranian regime as they are hell-bent and desire to create nuclear weapons, and the economic sanctions which have been put forth by the rest of the free world.
There was an interesting article in the AFP Space War Edition on December 21, 2011 titled; "Iran preoccupied by plunging currency," which stated what most people feared would happen with Central Bank sanctions on Iran occurred.
The article stated: "The currency, the Rial, was trading at 15,800 to the dollar -- its lowest point ever, and an indication of the fragility of the economy as ramped-up Western sanctions bit.
" Of course, President Ahmedinejad tried to put a positive spin on it, telling the people everything was fine, and the currency and economy was safe, even fundamentally sound; "Rumors started by profiteers and sought to reassure the public that the economy was "stable and calm," and "We are not experiencing any particular problems," asserting that foreign exchange reserves were at a historic high," and continued to label the currency run on "mischief from outside and inside.
" In the past, the wealthy Iranians had left the country with their money after the fall of the Shaw of Iran, more recently the wealthy still in-country had invested in Real Estate to shield them from inflation, but now it seems to be too late, as the currency has crashed and perhaps cannot recover, as the Iranian Central Bank just does not have the leverage or fire-power to stop the landslide.
So, is Iran's economy gone, is it over? Was it really worth it for them to develop nuclear weapons to serve their political will and expand their brand throughout the Middle East? Will they waste no time in a preemptive last-stand strike against their enemies, perceived or otherwise? Entire family fortunes are being lost right now, and there will be severe shortages of food, fuel, and just about everything else it takes to run a civilization.
All because an illegitimate regime has threatened the world, while its people stood by and let it happen.
Now everyone has to pay, including the rest of the world which actually needs the resources that Iran produces.
What a terrible situation for the human race.
Indeed I hope you will please consider all this and think on it.
You humans need to do better than this, I am not impressed, nor pleased.