Groucho Plays Tehran
Oktober 6, 2010 Hinterlasse einen Kommentar
Von Michael Ledeen
For starters, the currency is crashing — Iran may well be the only country in the world in which the dollar is not only gaining strength but is the object of unbridled passion. In the past couple of days some money changers have refused to sell dollars because the market is just too volatile. As RFE/RL tells us:
the rial declined 13 percent against the dollar last week as demand for the U.S. currency soared among businessmen and ordinary people. On September 29, the rial was 12,500 to the dollar; a week earlier, a dollar was worth 10,500 rials.
Even Iran’s loyal Syrian allies are unwilling to take a chance on the rial; Syrian merchants have been refusing Iranian money in their shops.
For those who would take refuge in gold, forget it; the gold bazaars are on strike all over the country. Take a look at this short video of the bazaar in Hamadan.