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Hyperinflationary Currency Collapse Is Leading To Big Anti-Regime Protests In Iran
TBI ^ | 10-3-2012 | Joe Weisenthal

Posted on 10/03/2012 5:45:56 AM PDT by blam

Hyperinflationary Currency Collapse Is Leading To Big Anti-Regime Protests In Iran

Joe Weisenthal
October 3,2012

Earlier this week we wrote about how Iran's currency (the Rial) is in a state of total collapse, in part due to oil sanctions.

It's obvious that the spiraling cost of things is having a major destabilizing effect.

The BBC reports on protests:

Riot police in Iran have clashed with protesters in the capital over sharp falls in the currency, the rial.

Tear gas was used to disperse the demonstrators, some of whom were setting fire to tyres and rubbish bins. There were many arrests, reports say.

Eyewitnesses told the BBC that scores of people gathered outside the central bank, calling for the governor to stand down, chanting anti-government slogans.

Via Finans Akrobat, here's a video:

(Click to the site to see the video)

(Excerpt) Read more at businessinsider.com ...


TOPICS: Front Page News; News/Current Events
KEYWORDS: 2012; crushislam; currency; dollar; hyperinflation; iran; islam; qitalimams; regimecollapse; rial
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1 posted on 10/03/2012 5:46:08 AM PDT by blam
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To: blam
And Here's A Chart Of The Iranian Currency Collapse That's Causing Protests On The Streets Of Tehran

Joe Weisenthal
October 3, 2012

We just posted a video of the protests that are inspired by the Iranian currency collapse.

Iran's currency, the Rial, is collapsing due to economic mismanagement and in part oil sanctions that are starting to bite.

So how bad is it?

Journalist Reza Asadi posted this chart showing how many Rial it takes to buy a dollar over the last 70 days.

You can see the number's gone bananas.

Note that on the Persian Calendar it's the year 1391.


2 posted on 10/03/2012 5:53:46 AM PDT by blam
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To: blam

We are in for the same in the USA no matter who wins in November.

Be prepared.


3 posted on 10/03/2012 5:54:12 AM PDT by Bon mots (Abu Ghraib: 47 Times on the front page of the NY Times | Benghazi: 2 Times)
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To: Bon mots
Iran Wage Price Spiral Towards HyperInflation Panic Collapse Triggered by U.S. Currency War WMD's

Should we expect to see increasing terrorist activity from Iran in the USA?

4 posted on 10/03/2012 5:59:41 AM PDT by blam
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To: Bon mots; blam

5 posted on 10/03/2012 6:00:18 AM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: blam

The Mullahs have the guns. They don’t give a rip about the Rial, just Allah.


6 posted on 10/03/2012 6:07:37 AM PDT by RexBeach (Mr. Obama Loves To Spend My $$$$$$$$$$$$)
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To: blam

So, given Obama’s track record in the “Arab Spring”, will the Obama regime give covert support to the Iranian rebels or Ahmaheadjob’s government?


7 posted on 10/03/2012 6:09:34 AM PDT by VeniVidiVici (Congrats to Ted Kennedy! He's been sober for two years now!!)
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To: blam

Yep......

8 posted on 10/03/2012 6:13:37 AM PDT by bert ((K.E. N.P. N.C. +12 ..... Present failure and impending death yield irrational action))
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To: blam

Hmm, interesting. Can’t think of another example where sanctions were even partly to blame for hyperinflation and currency collapse.


9 posted on 10/03/2012 6:15:34 AM PDT by LibWhacker
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To: blam
"When people lose everything, and they have nothing left to lose, they lose it." - Gerald Celente

If things get bad enough with the Iranian populace that they start turning on their government, and the government starts feeling threatened, watch for the Iranian government to pull out all stops to redirect the populace's wrath away from the government and towards Israel and the U.S. by launching attacks that will pull Israel and us into an armed conflict with Iran, all the while telling the populace that it's those dirty Joos and the Great Satan that are to blame for their currency debasement and misery. JMO.

10 posted on 10/03/2012 6:20:41 AM PDT by OB1kNOb (November 6th is the tipping point for freedom in America.)
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To: blam

And our braindead moron totus will do absolutely NOTHING won’t even say a word in support of the antimullahs people in Iran and this will all be a replay of the aborted Green Revolution a few years ago in Iran.....

Same crap, different year....

All Obama would have had to do is make a statement....

And people think obama is NOT a muslin.......Idiots, all of them in the MSN......

Meanwhile a ton of young people sick of living in the hell of a theocratic state will be killed via Democide and totus will do absolutely NOTHING because his handler Valerie Jarret told him not to....

Inconceivable!


11 posted on 10/03/2012 6:23:38 AM PDT by GraceG
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To: GraceG
obama is NOT a muslin

Perhaps he's a wool sweater...

12 posted on 10/03/2012 6:24:45 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: blam

Ben Bernanke can print Rials? Who knew??


13 posted on 10/03/2012 6:25:15 AM PDT by Buckeye McFrog
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To: blam

0bama will aid the Islamist Regime, just like he did last time there was an uprising.

Islamist can count on Hussein for his support. See Syria, Iraq, Afghanistan, Pakistan, Egypt, Libya, Hamas, Hezbollah, etc.


14 posted on 10/03/2012 6:26:10 AM PDT by Uncle Miltie (You didn't build that. The private sector is doing fine. We tried our plan and it worked.)
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To: blam
Unfortunately if Iran collapses in the next couple of weeks without a paroxysm of violence directed at Israel the kenyan will suddenly be loudly hailed as a foreign policy genius and will be credited with bringing down the Iranian regime. I would hăte for this to be the "October Surprise."
15 posted on 10/03/2012 6:28:00 AM PDT by arthurus (Read Hazlitt's Economics In One Lesson ONLINE www.fee.org/library/books/economics-in-one-lesson)
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To: blam
did they burn out some buildings and sodomize and murder the personnel ???

no ??? then they must not have been infidels...

16 posted on 10/03/2012 6:41:37 AM PDT by Gilbo_3 (Gov is not reason; not eloquent; its force.Like fire,a dangerous servant & master. George Washington)
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To: sickoflibs; Lazamataz

another oct surprise to ratchet up the ‘patriotic, rally round the flag’ bump for the bambam ??? seems that the middle east is about to go boom...


17 posted on 10/03/2012 6:48:23 AM PDT by Gilbo_3 (Gov is not reason; not eloquent; its force.Like fire,a dangerous servant & master. George Washington)
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To: blam
Coming to a currency near you.
18 posted on 10/03/2012 6:48:34 AM PDT by E. Pluribus Unum (Government is the religion of the psychopath.)
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To: blam

Thanks for the chart of the rial. I was intending to look that up yesterday after reading a Jerusalem Post story about the currency collapse, but forgot.


19 posted on 10/03/2012 6:54:57 AM PDT by AFPhys ((Praying for our troops, our citizens, that the Bible and Freedom become basis of the US law again))
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To: Gilbo_3

I wonder whether the US is going to support the Iran protesters this year, unlike three years ago.


20 posted on 10/03/2012 6:58:10 AM PDT by AFPhys ((Praying for our troops, our citizens, that the Bible and Freedom become basis of the US law again))
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