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12 billion seems to be the number for the frozen assets in 1979.

Page 9 - https://piie.com/publications/papers/sanctions-iran-79-1.pdf

How the heck did it get to the 33 billion number?


44 posted on 09/09/2016 12:49:23 PM PDT by az_gila
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To: az_gila
How the heck did it get to the 33 billion number?

That's about a 3% interest rate, compounded annually, for that time period.

Passbook savings rate.

47 posted on 09/09/2016 12:55:44 PM PDT by ChicagahAl (Sanders - Make America Venezuela. Clinton - Make America My Piggy Bank. Trump - Make America Great.)
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To: az_gila

It’s confusing. I thought the 150 billion was the frozen assets fund.


63 posted on 09/09/2016 2:31:11 PM PDT by Karl Spooner
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