Economy Overshadows Iranian Elections
Iran’s March 2 parliamentary elections are fast approaching. But at the forefront of voters’ minds stands Iran’s uncertain economic climate, as international sanctions over its nuclear programs have led to rampant inflation and a severe devaluation of Iranian currency.
Analysts expect voter turnout to be high. Political and economic analyst, Dr. Mohammad Shamass, explains that many Iranians view the economic situation to be the fault of Western powers and see voting as a form of political response to “foreign enemies.”
Related Topics: Economy and Politics
You can stock up on materials with real value like gold. That’s why gold’s sky rotikceng in price. What’s really happening is Money’s value is dropping and Gold’s value is staying still.Inflation is just something made up to distract the general public from all the bad central banks, and fractional currencies cause. (things don’t get more expensive, what your using to buy thing is loosing value.)Fractional currency, has perpetual debt built in. Every dollar they print steals a percentage of every dollar in circulation to give this new bill value.
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