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Iran's Currency Plunges 40 Percent, Arrests 16 'Main Players' In Currency Crisis
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Anonymous Coward |
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Well, inflation is about to hit the western world as well will all the open ended quantiative easing going on.
However, Iran has the option of starting a gold backed currency to stave of inflation. Sure there will be turmoil but as a bonus, almost all debts will be payed off since the current currency will go worthless. Same goes for foreign debt.
Quoting: Kongored 19674390 Plus Iran has oil, can barter it for everything from China. China is biggest importer of Iranian oil and produces all kind of stuff in the world. Worth to mention about India which pay Iran by gold for their oil. Russia supports Iran too. So not so fast with those sanctions, they are hard nut for international banksters.
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