10-24-2012, 12:46 PM
Hit 'em in the pocketbook...
The currency devaluation problem in Iran is widely believed to be due to a combination of internal governmental policiies and the Western sanctions imposed on Iran for developing nuclear weapons capacity, based on what I've read this month. Middle and lower class Iranians can't afford basic necessities and some public protestors are being met with arrests. Some merchants in Tehran's bazaar have shuttered their shops in protest. While these shop owners have historically yielded strong political influence, the government is currently saying that they will be handled by the police.
Germany has stopped supplying currency printing services to Iran. All of these things have led to a greater freelance market for currency. Huge economic mess over there, but very view analysts believe that it will influence the government to halt nuclear weapon development and work with the international community.
The currency devaluation problem in Iran is widely believed to be due to a combination of internal governmental policiies and the Western sanctions imposed on Iran for developing nuclear weapons capacity, based on what I've read this month. Middle and lower class Iranians can't afford basic necessities and some public protestors are being met with arrests. Some merchants in Tehran's bazaar have shuttered their shops in protest. While these shop owners have historically yielded strong political influence, the government is currently saying that they will be handled by the police.
Germany has stopped supplying currency printing services to Iran. All of these things have led to a greater freelance market for currency. Huge economic mess over there, but very view analysts believe that it will influence the government to halt nuclear weapon development and work with the international community.