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2018-11-27 Syria-Lebanon-Iran
Can Iran stop the rial’s death spiral in the long term?
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Posted by Fred 2018-11-27 00:00|| || Front Page|| [336070 views ]  Top
 File under: Govt of Iran 

#1 People stuck with nothing but rials sure hope so...
Posted by M. Murcek 2018-11-27 10:11||   2018-11-27 10:11|| Front Page Top

#2 ...couldn't they trade them with venezuelan bolvars?
Posted by Procopius2k 2018-11-27 10:15||   2018-11-27 10:15|| Front Page Top

#3 
...Brent crude that was rising above $86 a barrel a month ago now stands at around $68...

as of market open today Brent was at $61 (west tex intermediate was at about $52)
Posted by lord garth 2018-11-27 10:37||   2018-11-27 10:37|| Front Page Top

#4 "We don't have enough funds"
"Print more!"
Posted by Frank G 2018-11-27 12:03||   2018-11-27 12:03|| Front Page Top

#5 Yes. At some point they will only be able to Barter by exchanging tangible goods (like oil or Persian Rugs) for tangible goods -- like the transactions in the old USSR days.
Posted by magpie 2018-11-27 13:39||   2018-11-27 13:39|| Front Page Top

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