Iran’s Currency Collapse
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  • This may be a peripheral consideration, but the outcome written about above shows that Jon Huntsman is clueless when he talks about George Kennan’s foreign policy strategy being passe.

  • What the Mullahs of Iran have failed to find is that the Qu’ran calls for a gold dinar and a silver dirham, each of a specific weight. So ironically, had they paid more attention to Islamic precepts, they might have been in better shape.

  • Jacksonian Libertarian

    I can’t think of a single historical success of trade sanctions working against an Authoritarian government.

  • Kris

    “The Holy Qu’ran has many merits, but if it contains an infallible guide to currency policy, the mullahs of Iran have failed to find it.”

    This is just what I expected from an infidel like you. Let me enlighten you:

    “The rial’s value has been weakening for months, but the traumatic drop on Tuesday reflected what Iranian economists called a new level of economic anxiety in the country.”

    In other words, the problems are due to a lack of faith. To solve the problem, the Iranian people must publicly renew its faith, and what better way to do so than by defying the infidels and developing an Islamic bomb?

    All clear now?

  • Cunctator

    If it does collapse, well, Inshallah!!!

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