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Iran inflation tops 26 percent
AFP ^ | Jul 5, 2008 | Unknown

Posted on 07/05/2008 5:43:31 AM PDT by decimon

TEHRAN (AFP) - Iran's inflation rate, which has provoked intense criticism of the government, topped 26 percent in June, according to a central bank statement published in the press on Saturday.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events; War on Terror
KEYWORDS: foodsupply; geopolitics; inflation; iran; trade
Schmeckel is doing just a great job in running Iran.
1 posted on 07/05/2008 5:43:31 AM PDT by decimon
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To: decimon

I imagine our country would have a pretty high inflation rate too if all the other countries in the world were playing ridiculously high prices for our energy sources.

If we had a few extra trillion dollars a year pouring in to our country, prices for basic stuff would get pretty expensive in a hurry.


2 posted on 07/05/2008 6:08:22 AM PDT by Eccl 10:2 (Pray for the peace of Jerusalem - Ps 122:6)
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To: decimon

good for them!

i’m pleased.


3 posted on 07/05/2008 7:03:09 AM PDT by ken21 ( people die + you never hear from them again.)
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To: Eccl 10:2

In Iran, it doesn’t “pour into the country”. It pours into the gov’t. The people never see the money.


4 posted on 07/05/2008 7:12:58 AM PDT by nuconvert (Obama - Preferred by 4 out of 5 Dictators & Terrorists)
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