1 dollar = 4800 goozman

Nov 10, 2002
8,277
360
The doomsday is already here. If you think the artificial exchange rate of US dollar vs. Rial has any significance in Iran's economy, well then, try to get informed.

Just yesterday, the government itself released official numbers for "poverty line" (minimum income required) for family of 3: 7,000,000 toman. The current minimum wage in Iran: 1,500,000 toman. It's impossible for a married couple to survive at a sustainable rate these days. If that's not called doomsday in your book, well then, try to get informed.

The US dollar will jump to its natural rate (at least triple the current artificial rate) when the wheels of Iran's economy actually start turning (that will happen sooner or later). Right now, everything is at a standstill. There is so little business activity, there's little demand for US dollar. The entire country can be considered "unemployed" right now because nothing is happening. Once this changes (and it must), the true depth of today's catastrophe will be visible.

Until then, do not hold significant sums of Rial for any reason. US dollar is a very good hedge right now. It's actually subsidized by Iran's government. The somewhat smarter people are constantly adding to their foreign currency balance. At these rates, it's a no-brainer. Doesn't matter though. Iran fell deep into poverty much sooner and faster than even I had anticipated. It's an ugly forecast from here on.
When you are biased, you don't get informed. Don't waste your time
 
Likes: Zob Ahan

Iksanihc

Well-known member
Feb 14, 2019
360
178
As i said, boss (US) just makes sure his self constructed enemy remains the way it is: A basically darb o daaghoon country, not strong enough to harm anyone in the west but strong enough to keep the region hostage through creating conflicts right and left. Everythings fine, even the IR is fine with this situation as there is no one fighting them from within so their heads are still getting richer and richer and the only idiots who are swallowing everything and put up with all kinds of heghaarat is the iranian people.
 

Playboy

IPL Player
Oct 18, 2010
3,675
345
dollar keeps dropping lower and lower
when is this doom's day everyone was talking about a few months ago?
if you go by the stuff that get posted here then bitcoin would be now at $50k,
amazon at $5k a share and tesla at $1k a share.moreover,syria would be 'free'
after bashar went "on the verge" 6 years ago,the top moola in iran has had cancer
for 10 years,the moola regime is already been 'changed' 10x over,etc....
just read my posts and get the real picture not a comic strip version of reality.
 

Natural

IPL Player
May 18, 2003
2,559
3
if you go by the stuff that get posted here then bitcoin would be now at $50k,
amazon at $5k a share and tesla at $1k a share.moreover,syria would be 'free'
after bashar went "on the verge" 6 years ago,the top moola in iran has had cancer
for 10 years,the moola regime is already been 'changed' 10x over,etc....
just read my posts and get the real picture not a comic strip version of reality.

hahahahhaha... sad but true.