Iran’s economic turning point
Prices were rising, the currency was collapsing, and a government decision promised to protect the dinner table.
But what happens when cheap dollars create expensive consequences? Billions were spent. Markets were distorted. Rent-seeking flourished. And the very policy designed to fight inflation began feeding it.
This is the story of one of the most controversial economic decisions in recent years and the question that still defines Iran’s economic future: Pay the price today or risk a deeper crisis tomorrow?
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