Iran is printing itself to death

The Central Bank of Iran has released new data showing that liquidity (the amount of money available) in the economy has reached a new high, close to 4,000 trillion tomans (about $145 billion). This liquidity is the result of money printing. 

According to the data, by the end of the month rolling in the Persian calendar (August 22), liquidity has risen by about 39% over the past year. Moreover, over the past eight years, liquidity in the Iranian market has increased 10 fold, further exacerbating the economic situation and increasing the rate of inflation that has recently reached 58% - the highest level since 1979.

The Iranian authorities have chosen the "easy solution" to deal with the decline in revenues and sanctions and that is through money printing but this solution only exacerbates the real economic problems.

# Iran # Economy
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