Skip to comments.Hyperinflationary Currency Collapse Is Leading To Big Anti-Regime Protests In Iran
Posted on 10/03/2012 5:45:56 AM PDT by blam
Hyperinflationary Currency Collapse Is Leading To Big Anti-Regime Protests In Iran
Earlier this week we wrote about how Iran's currency (the Rial) is in a state of total collapse, in part due to oil sanctions.
It's obvious that the spiraling cost of things is having a major destabilizing effect.
The BBC reports on protests:
Riot police in Iran have clashed with protesters in the capital over sharp falls in the currency, the rial.
Tear gas was used to disperse the demonstrators, some of whom were setting fire to tyres and rubbish bins. There were many arrests, reports say.
Eyewitnesses told the BBC that scores of people gathered outside the central bank, calling for the governor to stand down, chanting anti-government slogans.
Via Finans Akrobat, here's a video:
(Click to the site to see the video)
(Excerpt) Read more at businessinsider.com ...
October 3, 2012
We just posted a video of the protests that are inspired by the Iranian currency collapse.
Iran's currency, the Rial, is collapsing due to economic mismanagement and in part oil sanctions that are starting to bite.
So how bad is it?
Journalist Reza Asadi posted this chart showing how many Rial it takes to buy a dollar over the last 70 days.
You can see the number's gone bananas.
Note that on the Persian Calendar it's the year 1391.
We are in for the same in the USA no matter who wins in November.
Should we expect to see increasing terrorist activity from Iran in the USA?
The Mullahs have the guns. They don’t give a rip about the Rial, just Allah.
So, given Obama’s track record in the “Arab Spring”, will the Obama regime give covert support to the Iranian rebels or Ahmaheadjob’s government?
Hmm, interesting. Can’t think of another example where sanctions were even partly to blame for hyperinflation and currency collapse.
If things get bad enough with the Iranian populace that they start turning on their government, and the government starts feeling threatened, watch for the Iranian government to pull out all stops to redirect the populace's wrath away from the government and towards Israel and the U.S. by launching attacks that will pull Israel and us into an armed conflict with Iran, all the while telling the populace that it's those dirty Joos and the Great Satan that are to blame for their currency debasement and misery. JMO.
And our braindead moron totus will do absolutely NOTHING won’t even say a word in support of the antimullahs people in Iran and this will all be a replay of the aborted Green Revolution a few years ago in Iran.....
Same crap, different year....
All Obama would have had to do is make a statement....
And people think obama is NOT a muslin.......Idiots, all of them in the MSN......
Meanwhile a ton of young people sick of living in the hell of a theocratic state will be killed via Democide and totus will do absolutely NOTHING because his handler Valerie Jarret told him not to....
Perhaps he's a wool sweater...
Ben Bernanke can print Rials? Who knew??
0bama will aid the Islamist Regime, just like he did last time there was an uprising.
Islamist can count on Hussein for his support. See Syria, Iraq, Afghanistan, Pakistan, Egypt, Libya, Hamas, Hezbollah, etc.
no ??? then they must not have been infidels...
another oct surprise to ratchet up the ‘patriotic, rally round the flag’ bump for the bambam ??? seems that the middle east is about to go boom...
Thanks for the chart of the rial. I was intending to look that up yesterday after reading a Jerusalem Post story about the currency collapse, but forgot.
I wonder whether the US is going to support the Iran protesters this year, unlike three years ago.
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