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Iran's Inflation Rises To 28.7%


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#1 Ugly Jinn

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Posted 16 February 2013 - 03:33 AM

TEHRAN - The Central Bank of Iran has announced that the inflation rate in the 12-month period ended the tenth Iranian calendar month of Day (January 19) rose by 1.3 percent compared to the 12-month period ended on December 20, 2012 and hit 28.7 percent, according to the Mehr News Agency.

In December 2012, IRNA quoted Finance and Economic Affairs Minister Shamseddin Hosseini as saying that the Iranian administration has special plans to curb a probable surge in inflation during the final months of the current Iranian calendar year, ending on March 20, 2013.


Since recent rises in prices of goods are in close relation with rises in foreign currency prices, so we should rein in foreign currency shocks, he added.


Seventeen million Iranian will receive staple food rationing cards, as the administration and the parliament have agreed to adopt policies to assist low-income families, the Mehr News Agency reported.


Rice, sugar, and edible oil will be distributed among low-income strata of society.


Earlier, the Majlis and the administration agreed to allocate $2 billion from the National Development Fund to support low-income families.


The money will be used to provide staple foods to poor families.


http://www.tehrantim...87-central-bank


17 million receiving rationing cards, population is around 75%, which means 23% are struggling to put food on the table.

#2 Bani Qaiser

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Posted 16 February 2013 - 08:02 AM

SO.... is this a good thing or a bad thing?

#3 -Enlightened

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Posted 16 February 2013 - 09:57 AM

View PostBani Qaiser, on 16 February 2013 - 08:02 AM, said:

SO.... is this a good thing or a bad thing?

for canadian , american and British and westerners, it is a good thing because everything is cheap for us.

According to my Iranian mother, you can buy Chelo kabab for dinner for your whole family with just 5 canadian dollars

But for the iranians living inside the country, it is a bad thing. . everything is expensive and the inflation rate is gonna rise even more

this site (http://coinmill.com/CAD_IRR.html#CAD=1)  will tell you more about the Iranian currency

Edited by -Enlightened, 16 February 2013 - 10:19 AM.

بَقِيَّتُ ٱللَّهِ خَيْرٌۭ لَّكُمْ إِن كُنتُم مُّؤْمِنِينَ

What remains with Allah (Baqiyatullah) is better for you if you are believers.. (Hud : 86)

וכמסתר פנים ממנו

Isaiah 53:3


Ya Aba Saleh Al-Mahdi


#4 Mousa54321

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Posted 16 February 2013 - 11:19 AM

View Post-Enlightened, on 16 February 2013 - 09:57 AM, said:

for canadian , american and British and westerners, it is a good thing because everything is cheap for us.

According to my Iranian mother, you can buy Chelo kabab for dinner for your whole family with just 5 canadian dollars

But for the iranians living inside the country, it is a bad thing. . everything is expensive and the inflation rate is gonna rise even more

this site (http://coinmill.com/CAD_IRR.html#CAD=1)  will tell you more about the Iranian currency

Iran has little exports other than oil due to the sanctions.
You are correct this could of been useful if Iran exports manufactured goods. As it will make their goods cheap and employ many people in Iran.
However, since Iran is isolated from the rest of the world due to the sanctions, inflations is extremely harmful. The level of inflation is even higher than the official figure, and the economic situation is very bad, especially for the poor.

If the sanctions are not lifted, the quality of life of all Iranians will surely deteriorate.

#5 Haji 2003

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Posted 16 February 2013 - 11:46 AM

View PostMousa54321, on 16 February 2013 - 11:19 AM, said:

If the sanctions are not lifted, the quality of life of all Iranians will surely deteriorate.

The way these sanctions work is that they get going slowly, but once in place they will not be lifted until the entire regime is replaced. By that I mean the whole WEF system.

So either Iran works out a way around sanctions or ends up like the Arab states in waiting for instructions from Washington.

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#6 Mousa54321

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Posted 16 February 2013 - 12:24 PM

View PostHaji 2003, on 16 February 2013 - 11:46 AM, said:

The way these sanctions work is that they get going slowly, but once in place they will not be lifted until the entire regime is replaced. By that I mean the whole WEF system.

So either Iran works out a way around sanctions or ends up like the Arab states in waiting for instructions from Washington.

That is true, lifting the sanction is a very slow process. However, Iran cannot continue with its current policies with the sanctions imposed, especially after the recent oil ban.

Iran has a growing population, it is a challenge for them to provide health-care and education without such sanctions, with these sanctions Iran will deteriorate as a nation, lifting the oil ban should be a top priority.

#7 peace seeker

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Posted 16 February 2013 - 12:25 PM

it is painful to see the poor Iranians suffer, much like it's painful to see poor people from any other country, and personally reminds me of ayat from the quran such as the following:

And We will surely test you with something of fear and hunger and a loss of wealth and lives and fruits, but give good tidings to the patient, 2:155



but to put things into perspective, haven't the Iranians been fighting sanctions since 1979?

according to this article on wikipedia http://en.wikipedia....ns_against_Iran, they have now for 34 years survived and developed despite growing sanctions.

and Iran is still much better off alhamdulilah than many if not most of the Arab (and regional) countries that have no sanctions and cooperate with the enemies of Iran.

at the same time there are many countries that are friendly with Iran and helping them by not being slaves to injustice. (may Allah reward and protect them)

ultimately it's Allah swt who provides and feeds and decides what's going on

may Allah swt grant prosperity and riches and success to the brave and persistent Iranian nation

(wasalam)


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#8 AliSaleh

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Posted 16 February 2013 - 01:05 PM

this is horible. i feel sorry for my relatives in iran who have to pay large prices for everything and everyday the price goes up even higher.

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#9 OsamaHatum

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Posted 16 February 2013 - 01:48 PM

Inflation isn't really that bad as long as pay increases with inflation.
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#10 aliasghark

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Posted 16 February 2013 - 01:49 PM

View PostOsamaHatum, on 16 February 2013 - 01:48 PM, said:

Inflation isn't really that bad as long as pay increases with inflation.

It would be bad for old people with limited savings.

#11 OsamaHatum

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Posted 16 February 2013 - 01:54 PM

View Postaliasghark, on 16 February 2013 - 01:49 PM, said:

It would be bad for old people with limited savings.

That's true.
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#12 repenter

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Posted 16 February 2013 - 06:53 PM

View PostAliSaleh, on 16 February 2013 - 01:05 PM, said:

this is horible. i feel sorry for my relatives in iran who have to pay large prices for everything and everyday the price goes up even higher.

Are your relatives starving? Or are they like my relatives who keep getting fatter every time i see them and yet, they seem to complain a lot......? Just wondering.

#13 Ali-Reza

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Posted 16 February 2013 - 07:44 PM

View Postrepenter, on 16 February 2013 - 06:53 PM, said:

Are your relatives starving? Or are they like my relatives who keep getting fatter every time i see them and yet, they seem to complain a lot......? Just wondering.

Getting fatter doesn't mean they are living good. Perhaps out of depression they are eating a lot of bread and rice.

On the side note, I do I agree with you Iranians just complain all the time. Here in US even in my own family. Complaining is within Persian trait unfortuantly.

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#14 repenter

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Posted 16 February 2013 - 08:19 PM

View PostAli-Reza, on 16 February 2013 - 07:44 PM, said:

Getting fatter doesn't mean they are living good. Perhaps out of depression they are eating a lot of bread and rice.

On the side note, I do I agree with you Iranians just complain all the time. Here in US even in my own family. Complaining is within Persian trait unfortuantly.

Well what i meant to say was, they get fatter, they seem to enjoy their free time a lot more than we do here, they all have tv's, computers, telephones, nose jobs(costs alot) I just have a hard time understanding what they complain about.
However, those that do struggle in Iran, from my experience, are the most hardworking, and they seem to complain less even though they are the ones that have the right to complain.

I know this because all, and i do mean ALL my friends are from south tehran.

#15 Mousa54321

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Posted 16 February 2013 - 10:01 PM

View Postrepenter, on 16 February 2013 - 08:19 PM, said:

Well what i meant to say was, they get fatter, they seem to enjoy their free time a lot more than we do here, they all have tv's, computers, telephones, nose jobs(costs alot) I just have a hard time understanding what they complain about.
However, those that do struggle in Iran, from my experience, are the most hardworking, and they seem to complain less even though they are the ones that have the right to complain.

I know this because all, and i do mean ALL my friends are from south tehran.

I am really glad that your family and relatives are eating well. However, sadly this is not the case for many Iranians. As according to the Iran's poverty line, which is 11 dollar a day, 18% of the population are living under that line. This is a substantial number for a country as wealthy as Iran. I am afraid that with the massive loss of employment and income following the recent sanctions this can only get worst.


Iran has been living with sanctions for decades. However, none of the previous sanctions are nearly as harsh or destructive as the current sanctions are.

Lets hope they will be lifted soon.



http://www.indexmund...?v=69&c=ir&l=en

#16 AliSaleh

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Posted 17 February 2013 - 12:02 AM

View Postrepenter, on 16 February 2013 - 06:53 PM, said:

Are your relatives starving? Or are they like my relatives who keep getting fatter every time i see them and yet, they seem to complain a lot......? Just wondering.

they r definitly not leik your relatives. one of my uncles drives around after his day job as a taxi just to be able to make enough money for his family.

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#17 repenter

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Posted 17 February 2013 - 12:17 AM

View PostAliSaleh, on 17 February 2013 - 12:02 AM, said:

they r definitly not leik your relatives. one of my uncles drives around after his day job as a taxi just to be able to make enough money for his family.

I'm sorry to hear that. But no price is worth his dignity, no price. I'm in no position to say this. because i eat well and have a good job. But i also don't have to be a surgeon to know it hurts getting shot.
As brother peace seeker so elegantly quoted:

And We will surely test you with something of fear and hunger and a loss of wealth and lives and fruits, but give good tidings to the patient, 2:155

#18 Hoscyan

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Posted 18 February 2013 - 01:00 AM

I predict the sanctions regime will slowly erode, as the world in its current state needs Iran's oil/gas, and can barely afford to abide by this nonsense.  The sanctions are like a sword repeatedly used and will become more blunt by the day.  This and the technological/scientific/industrial development of Iran will also help.  My deepest sympathies, however, are with those who suffer for dignity and freedom.. "If you have no religion, at least live as a free man" - Imam Hossain (as)

#19 Ali-Reza

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Posted 18 February 2013 - 02:55 PM

View Postrepenter, on 17 February 2013 - 12:17 AM, said:

I'm sorry to hear that. But no price is worth his dignity, no price. I'm in no position to say this. because i eat well and have a good job. But i also don't have to be a surgeon to know it hurts getting shot.
As brother peace seeker so elegantly quoted:

And We will surely test you with something of fear and hunger and a loss of wealth and lives and fruits, but give good tidings to the patient, 2:155

Yes Quran is saying "We" as Allah (swt) not Iran's bad policies and stuborness AND tests usually dont last so long.

Its interesting when others use Quran against us, we say "its being taken out of context" but only to our benefit we use it in context. A Shame because IRI people have failed Iranian people since they came to power!

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#20 aliasghark

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Posted 18 February 2013 - 03:02 PM

View PostAli-Reza, on 18 February 2013 - 02:55 PM, said:

A Shame because IRI people have failed Iranian people since they came to power!

Actually, no, the opposite is true! Iran gets to keep its oil wealth to itself since the American-backed dictator Shah was overthrown by Iran's people, and the country has developed in almost every possible way since the Islamic Republic of Iran was established.

Edited by aliasghark, 18 February 2013 - 03:03 PM.


#21 Ali-Reza

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Posted 18 February 2013 - 04:06 PM

View Postaliasghark, on 18 February 2013 - 03:02 PM, said:

Actually, no, the opposite is true! Iran gets to keep its oil wealth to itself since the American-backed dictator Shah was overthrown by Iran's people, and the country has developed in almost every possible way since the Islamic Republic of Iran was established.

Living in London I am sure your prospective is limited to what you read not what people in Iran experience.

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#22 aliasghark

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Posted 18 February 2013 - 04:08 PM

View PostAli-Reza, on 18 February 2013 - 04:06 PM, said:

Living in London I am sure your prospective is limited to what you read not what people in Iran experience.

That I live in London doesn't change the fact that Iran has progressed a LOT since its independence from America and the UK. Why not focus on the subject rather than the person?

Edited by aliasghark, 18 February 2013 - 04:09 PM.


#23 Ali-Reza

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Posted 18 February 2013 - 04:23 PM

View Postaliasghark, on 18 February 2013 - 04:08 PM, said:

That I live in London doesn't change the fact that Iran has progressed a LOT since its independence from America and the UK. Why not focus on the subject rather than the person?

No focusing on you and I am not opposing Iran's progress but you and I, WE, are here in the west reading what we think sounds good but when calling friends and relatives, both religious and non religious, all complain.

Stubbornness is not way of prophet (pbuh)and Ahlulbayt(as).  They often made treaties with their worst enemies for welfare of their own people. IMO Iran should also do the same and make some compromise a bit.

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#24 aliasghark

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Posted 18 February 2013 - 04:29 PM

View PostAli-Reza, on 18 February 2013 - 04:23 PM, said:

No focusing on you and I am not opposing Iran's progress but you and I, WE, are here in the west reading what we think sounds good but when calling friends and relatives, both religious and non religious, all complain.

Stubbornness is not way of prophet (pbuh)and Ahlulbayt(as).  They often made treaties with their worst enemies for welfare of their own people. IMO Iran should also do the same and make some compromise a bit.

I was responding to your point that IRI failed - it didn't, it actually grew after the Shah and is successful many many ways, so the point is demonstrably false.

Now when you say Iran should compromise, in what way do you mean? Depending on the circumstances the Prophet and Ahlulbayt did and did not compromise. Imam Hussain didn't compromise in Karbala.

#25 Ali-Reza

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Posted 18 February 2013 - 04:43 PM

View Postaliasghark, on 18 February 2013 - 04:29 PM, said:

I was responding to your point that IRI failed - it didn't, it actually grew after the Shah and is successful many many ways, so the point is demonstrably false.

Now when you say Iran should compromise, in what way do you mean? Depending on the circumstances the Prophet and Ahlulbayt did and did not compromise. Imam Hussain didn't compromise in Karbala.

Iran's nuclear program is the main issue, in fact its the excuse. While it is perfectly to their international rights to have nuclear energy, (and in my opinion even nuclear weapons), they need to work things out a bit and soften their rhetorics, until things get stabilize a bit. Enemies of Islam have always feared peace and prosperity of Muslims which is why they keep encouraging wars with them.

As far as Imam Hussain (as) comments of yours, yes he didn't and he fought to the very last second and became champion of paradise. May he come to our rescuer on the last day inshallah.

But his reasons were profound. He couldn't see religion of his grandfather being destroyed at hands of Yazid in the name of Islam.  And even then he didn't wage war against him, Yazid's army chased him surrounded him and waged war against him. And even then Imam fought only with handful of "volunteering" people he didn't drag 70 million people with him.

Its time for us to be a bit logical and reasonable here this is not a fair comparison don't you agree?

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