sailingaway
10-02-2012, 04:19 PM
Iranian Currency Falls 17% in One Day
Sanctions against Iran are making their impact, on the innocent working-class people of Iran--and the destruction of the currency may be getting a boost from the CIA.
International trade is dying and the currency is in free fall. It fell 17% this morning. The rial has lost more than 80 percent of its value since the start of the year.
I am also hearing that the CIA may be pumping newly (CIA printed) rial into the country in an effort to destabilize the country through hyper-inflation. The Fed may think money printing boosts an economy, but the CIA knows what it really does.
more at link: http://www.economicpolicyjournal.com/2012/10/iranian-currency-falls-17-in-one-day.html
Sanctions against Iran are making their impact, on the innocent working-class people of Iran--and the destruction of the currency may be getting a boost from the CIA.
International trade is dying and the currency is in free fall. It fell 17% this morning. The rial has lost more than 80 percent of its value since the start of the year.
I am also hearing that the CIA may be pumping newly (CIA printed) rial into the country in an effort to destabilize the country through hyper-inflation. The Fed may think money printing boosts an economy, but the CIA knows what it really does.
more at link: http://www.economicpolicyjournal.com/2012/10/iranian-currency-falls-17-in-one-day.html