Episode 1832 • • 1:38:31 - 1:43:31
1832: Lincoln's Dome
Iranian Economic Crisis, Hyperinflation and Rial Collapse
Iran is facing its worst economic crisis in years, with the rial losing 60% of its value against the dollar and inflation rates exceeding 40%. The government attempted to pacify the population by depositing direct subsidies into bank accounts, but the move has failed to curb rising prices for essential goods like cooking oil. Protests in Tehran's Grand Bazaar have shifted from economic grievances to calls for the total removal of the regime.