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Sunday, December 11, 2011

Iran Inflation at 20%

The Central Bank of Iran (CBI) reported today that the country’s annual inflation rate for the period ending 20 November has reached 19.8 percent [IRNA, 11 December].

12 comments:

  1. The Iranian Central Bank is lying and they're all working for the Zionists and the Western colonialists.

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  2. Annon, December 11, 2011 11:11 AM

    I'm sure you're right, but please note that the director of the Iranian central bank is nominated by the president and confirmed by the Islamic assembly.
    I'm curious, which one of these isalmic republic power centers are the ziolnists and which are the western colonialists?

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  3. Anon 11:11 AM is only jesting.
    He is making fun of the regime supporters.

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  4. That's amazing that prices keep rising when supposedly no one has money to buy anything.

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  5. I guess the sanctions have no effects at all and we will soon be reading comments by the "Mullah Lovers" that it is a healthy sign of the "vibrant" economy of the "mighty" IRI !

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  6. sorry JF, i thought it was broad enough not to be taken as serious, but failed to remember that I'm talking about a regime that arrests Ahmadinejad's advisors and charges them with sorcery.

    Nothing is too crazy for these lunatics.

    If it turns out that Khamenei officiates at bar mitzvahs it wouldn't make things any more weird.

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  7. @ Anon
    December 11, 2011 4:50 PM

    "I guess the sanctions have no" effects at all and we will soon be reading comments by the "Mullah Lovers" that it is a healthy sign of the "vibrant" economy of the "mighty" IRI!

    Yeah baby thats right!
    Go! Iran!
    Khameini, Khameini, He's our man! if he can't do it, nobody can!
    rah rah rah, sis boom bah!
    Go! Mullah!

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  8. The mullah loving enemies of Iran support anything their blood thirsty provider instigates.Their brains are pickled in the juices of ignorance and blindly led up the narrow path of lies and deceit which will lead to their eventual destruction.

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  9. ~~~~~Their brains are pickled in the juices of ignorance and blindly led up the narrow path of lies and deceit which will lead to their eventual destruction.~~~~
    or perhaps the author of that has his head up a narrow path and can't see anything much of the external world.

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  10. Anon 5:23 PM

    Run along and receive your Sandis before it's to late!

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  11. Iran’s Chief of Central Bank: Sanctions Harsher than a Physical War


    Mahmoud Bahmani, head of Iran’s Central Bank, announced this week that the conditions imposed by sanctions on the country are much harsher than a physical war.

    According to the Iranian Students’ News Agency (ISNA), during a meeting with Iran’s Chamber of Commerce, Bahmani criticized “a group of people who have not yet believed the country is under sanctions.” These remarks were made in reference to the Iranian regime’s harsh propaganda which has minimized the damaging effect of sanctions imposed by the United States and the European Union.

    The head of Iran’s Central Bank added, “This group thinks that the conditions are normal and the [country’s economic] laws and provisions should also be normal. However, the conditions are hard, and harsh circumstances call for harsh measures.” Bahmani did not specify what such harsh measures should be taken.

    The Islamic Republic’s Chamber of Commerce is a non-profit organization in charge of planning the growth and expansion of the country’s economy. The meeting between the head of the Central Bank and the Chamber of Commerce is known as one of the most important gatherings with the private sector in the country.

    According to the BBC Persian service, Bahmani described Iran’s private sector as the key to combating the sanctions. He urged the private sector to offer solutions and assist the country in order to deal with the current economic crisis.

    Bahmani continued, “Sanctioning the Central Bank is immoral and fundamentally wrong. However, if they do happen to sanction [the Central Bank], we have to be ready to manage the country as if we were under siege for two years and needed to survive.”

    Despite objections of the Obama administration, the US Senate unanimously approved economic sanctions on Iran earlier this month which targeted the country’s oil industry. This action takes place following the decision by the British government to cut off all ties and transactions with Iran’s Central Bank.

    “During the Iran-Iraq War many thing were done with ease, but the situation is different today. Surviving the current conditions is only possible with unity, adaptation, and understanding,” Bahmani added.

    http://www.insideiran.org/media-analysis/iran%e2%80%99s-chief-of-central-bank-sanctions-harsher-than-a-physical-war/

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