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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label Iran hyperinflation. Show all posts
Showing posts with label Iran hyperinflation. Show all posts
Friday, May 17, 2013

Gold as a foreign policy tool: US Government Bans Gold Sales to Iran

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The US government overtly intervenes in the gold markets when it uses gold as a foreign policy tool. From the Economic Times : WASH...
Saturday, December 01, 2012

Aside from Gold, Iranians Discover the Bitcoin

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Aside from gold , economic and financial sanctions against Iran, which has partly led to hyperinflation has spurred Iranians to use the vi...
Sunday, October 07, 2012

More on Iran’s Hyperinflation, Venezuela Next?

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Professor Steve Hanke has more on the developing hyperinflation in Iran.  From Prof. Hanke’s 10 facts on Iran’s hyperinflation ( Cato ...
Thursday, October 04, 2012

Hyperinflation in Iran

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From Cato’s Steve Hanke : Since the U.S. and E.U. first enacted sanctions against Iran, in 2010, the value of the Iranian rial (IRR) has...
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