The Iranian regime has a new plan for taming its over 40% inflation. No, it’s not reducing its billions of dollars of support for terrorist groups in Syria, Lebanon, Yemen and elsewhere. The plan is simple: Drop four zeros from the rial, rename it the toman within the next couple of years, and voila! Problem solved.
The rial currently trades at 161,000(!) to the U.S. dollar. The mullahs have directed an estimated 2,576,000,000,000,000 rials ($16 billion) to their allies elsewhere since 2012 and suppressed the Iranians who call for the regime instead to focus on the Iranian people’s economic welfare.
