"Is a theocratic dictatorship a good idea?" "Not rially."

From what I have seen not even 1 person from my close to distance family members are voting, 41℅ is probably double the real number, they are even showing ads on how voting is good and people just laugh at it here

Goes to show that you can't cheat basic economic principles unless you can convince people to go against their own economic interest, which very few countries have been successful in doing. Tip: you have to make people believe they were "free" to choose to go against their own interest.

TLDR news covers those stories the mainstream media ignores. Thanks TLDR news!

👍 good prospective, as an iranian I'm impressed how close you hit the mark on that update...🙌 nice work...

Iran election makes Pakistan election look like free and fair.😂

This is bad, even in the USSR where you had to vote for 1 party candidate. If you have below 50% it automatically disqualify the candidate.

It’s like, being a militarily hostile theocracy with some of the worst human rights violations in the world isn’t good for business unless you have oil.

You didn't mention that any person who works for a government organization is forced to vote here. A huge number of those voters wrote nothing on that paper. btw can you make more videos about Iran and it's future?

Great work, guys! Thanks for covering the issue. P.S. The supreme leader's name is Kha-me-ne-ei not Kho-mei-ni, he died in 1989

I would also point out the Rial has been in a pretty poor state since the 1990s at the least.

I have a large family ( Considering we can be a town by ourselves that might be an understatement) I do not know a single person who voted on Friday. 41% turn over? lol At best it was 10%. In many cases, the white vote was number one in all candidates.

Goes to show that unlike people, you can’t trick an economy.

Brazil saudi arabia yemen and iran having a currency called rial for some reason. Brazilian real saudi riyal the yemeni rial and the iranian rial lol

imagine another country's money being worth 600,000 of yours

I appreciate this coverage. Complete blindspot to me. I didn't think Iran faced any imminent economic issues aside from the prospect of the US and allies striking oil export infrastructure (seems unlikely, but it's been tossed around).

Waiting for a video for egypt's current, currency crisis :)

Stopping publishing data is always a great sign of confidence... 🤣

Damn this disctatorship. We are the people of Iran and our voice must be heard!!

The similarities to Argentina pre-Milei. They followed the same playbook....a recipe for distaster

If these sorts of governments had spent more time trying to order their own house and less time trying to destroy other countries and blaming them for all their problems, imagine how much better the world could be... I wish the Iranian people to get a more deserving government soon.

"Assembly of Experts". That's a tell!

Exchange bureaus: there’s massive inflation. Iran: no Bureaus: wdym, no? Iran: I am resetting exchange rates. Bureaus: we’re still gonna trade at market rates, yk that, right? Iran: that is illegal. Stonks

Thank you for covering this.

Thanks for covering this up. I feel so sorry for the Iranian people who deserve to be free and self-determined instead of surpressed and ripped off by this middle age corrupt narrow minded selfish dictators in the name of religion.

love the minecraft imagery for good ❤

Name of current supreme leader is Khamenei, not Khomeini.

Great work as always, just a side note. Rial losing its value isn't just bad news for the Ayatollahs, actually I'm pretty sure this doesn't effect them that much, it's bad news for the people living in Iran who are getting poorer each day. they're the victims not the corrupt Ayatollahs.

Minor point but you should not say “Unfortunately for the Ayatollahs”. They are not affected by economic hardship. The people of Iran are the ones who suffer

Something dimitwitted Islamists don't understand is that tightening your iron grip leads only to more pressure in the long term.

Amazing analysis, really accurate. Thanks a lot for the great work.

Turkish lira also went down and took Iranian currency with it since Turkey is the biggest black market partener of Iran !

thank you for this information

Hi I,m writing my opinion about this video and topics in it, as someone who currently lives in Iran and i,m a economy student in university. 1) our economy has 4 main problems : 1:TAX : only the poorest people have to pay taxes and most of rich people don't pay a dollar, mostly dou to lack of laws, for example: a simple worker in factory with a monthly wage of about 170 dollars per month, must pay about 4 dollars as tax (1 dollar: 600,000 rilas) BUT doctors and Layers with income more than 1700 dollars in month can avoid any taxes with just simply not reporting their income. This has to be fixed immediately. 2:ENERGY subsides : 1 liter of gasoline ( benzin) is just 5 cents!!! I,m not kidding it,s cheaper than bottled water in Iran. Not in any neighbouring country price is close to it , for example in Pakistan 1 liter of gasoline is about 0.7 - 1 dollar. This price both encourages smuggling and over consumption. Natural Gas is another example, we have 2nd largest reserves in the world and 3rd largest production , BUT we still have a deficit of 450 millions cubic meters in day , mostly dou to over consumption. And everything else have subsides too , like electricity, bread and more. When you put subsides in consumption you have to face it,s problems, rich people can consum without thinking but most people don't have a car at first to use gasoline and it,s subsides, life is that cheap in Iran that it attracted over 10 million illegal immigrant . And lots of security problems as well. 3: Printing Money : dou to the previous problems, we have budget deficits and government has to print money , but beside that ,there are lots of private banks that can print as much money as they want and nobody bother them, again dou to lack of proper laws. 4: Sanctions: I put it at the end , cus i know it has the least effect on us , we are 45 years under Sanctions and we have our ways , but it,s still bothering. At worst case scenario sanction caused 10% of our economy problems. Our problems is from within not outside. 2) when you have inflation and have to print money, while you insist in fixed exchange rates , it,s like spring, when the pressure is at the most , it releases it,s energy, that's what happing in Iran , every one can see it coming, just look at the volume of money in economy today and one year ego , it,s obvious that you will have like 40-50% inflation. BUT USA media knew it was coming so they gain some political favors in people's Eyes and say , they have inflation cus we Sanctioned them more . They really milk the situation without doing anything. There is nothing and no one left to be sanctioned in Iran but they still use it to gain popularity. 3) cus of the problems i wrote about , people in Iran , especially the youngest are tired , so in the last election, most people demanded the candidates about our major problems to be fixed , that,s why about 150 of 290 members of our parliament will be made of new faces who promised to fixes thes problems. We had a two party system like USA as mentioned in this video, Hardliners and reformists , who both rule over us in the last 45 years . We are tired of old faces, so when other parties like SobheIran came to the politics, people voted for them and not the previous parties. For example the head of reformists in Tehran , didn't even came to the first 60 people in election, so they lost it and now they are saying government didn't let us in, those layers . At the end , sorry for taking your time and my average English.

That is such an exact information of what's going on in Iran. I am living here so I know. So great job on doing such a through research

Iran has economy or election??🤣🤣🤣

So all that inflation and currency devaluation is mainly due to overspending and money-printing right?

Excellent summary of the situation. We expect a 10x fuel cost increase after iranian new year around late March early April which may trigger another round of protests but terrorists will be terrorists and wont give power up that easily.

Ah, for Iran 1978

When I was there in 1967 the exchange rate was 75 Rials to 1$. That's not a typo - 75 IRR exchanged for one dollar. Now it's 600K!

No way 41% voted . They have to be inflating the number .

Maybe not have a gov not run by religious figures

Appreciated this video, many thanks!

Explaining the symptoms of deeper problems that aren't mentioned.

Iran has elections? 🤣

Not to mention that they spend billions on arming their proxies.

Toman is mistaken for Rial. Each dollar is equal to 600,000 rials

I've been hearing of the Rial being in hyperinflation for years? Have Iranians not reached the point where they just use other currencies instead, just like the Venezuelans, Argentines and Zimbabweans do?

Turkey and Argentina without sanctions have a worse inflation situation compared to Iran. You should Admire Iran that under the most Heaviest sanctions not only did not fall, but the economy grows !!!

Those who vote in iranian elections voted because they are sacred if losing there jobs like me

It's not the elections causing this. The central bank recently increased the quota for traveler's foreign currency purchase, so the demand went up and pulled up the prices.

Great video. A small note, rial is the equivolent of cents, Toman is the currency people normallÿ use. 1 usd = 60k toman which is crazy since 10 years ago i remember. Exchanging for around 1 usd = 3k tomans so 20 fold decline in around 10-11 years! One thing that economists seem to miss is that country currency values seem to be very directly affected by their image in the world public opinion...

Think of the groceries Tucker Carlson could buy in Iran now.

Iranian election makes Russian election looks fair and trustworthy.

4:32 The chart you show when you say Iran's inflation has been above 40% for the past 5 years contradicts your claim. Don't get me wrong, that inflation rate is really bad, but only above 40% for 2 or 3 of them(it's hard to see which side of the line 2020 is on)

Free Iran from Islam .

Not even one person from my friends and relatives voted. 41 percent is a joke.

I love how the resort to printing more money even tho there are many negative casw like that

It's crazy that as an Argentine I thought to myself "only three exchange rates? Amazing" 😂. Additionally, these types of government resort to the money printer. They never apply any austerity measures. So iranians, brace yourself for triple digit inflation in the near future

Iranians only have themselves to blame.......

Iranians get the government they voted for. And that government took away their choices years ago. But they got what they asked deserved.

When from the top down everything is fraudulent, how could the money keep value?

Sending my best to Iran, such an awesome country.

In 2024,don't set new year financial goals without consulting a financial adviser.there expertise ensure a solid plan for success.Building wealth involves developing good habits like regular putting money away in intervals for solid investments.

I hope the Iranian people will be free from these despots one day!

Good reporting!

Surely they will benefit from a booming export business for arms. But I guess that would require them to sell more arms and give fewer away.

Gee, it's almost like having the same old dudes to elect, loaded courts, and rampant corruption is somehow depressing...

I wouldnt believe the iranian regime anything. But the term "economic terrorists" is not mysterious. The fact that there are economic hitmen is not a secret. The book "confessions of an economic hitman" by john perkins explains it pretty well.

>extra 14% turnout in 2 hours 😂

Does election really matter in Iran since the supreme leader has all the power and all

5:29 - I burst out laughing, the Ayatollahs just called themselves economic terrorists

Good shit

Turnout is less than 10% official number is to save face

Iran has an economy!? 😱😂😂 -edit sarcasm to highlight how dysfunctional iran's economy is...

Iranian politicians looking in the mirror when talking about "economic terrorists"

I remember changing pounds to tomans in 2005 for 9000 toman The funny thing is if you want to buy nice detached house in Iran you need to spend half a million dollars.

“Don’t publish your rates anymore! That’ll give people more faith in our currency.” “Mein Ayatollah! It’s dropping!” “wHaatT?!”

Random marketing though. Maybe stop telling people to do so many things: subscribe, ring the bell, like the video etc. Just ask for one and do differnt suggestions different adds.People will get less bored and it seems WAY less despreate.

No one talks about the disaster of a country named Malaysia

Free fall of Rial is like saying that North Korean currency is strong like the Yen

Well, it's worth noting that Iran has apparently decided to deprecate the Rial in favour of the New Toman (not to be confused with the Toman, worth 10 Rial). The New Toman is functionally identical to the Rial, but with an exchange rate from the Rial of 1:10,000 (10,000 Rial -> 1 New Toman). Anywho, an exchange rate of ~60 New Toman -> 1 USD still isn't a very good look.

Unbelievable how badly managed this economy is.

41% voter turnout is embarasingly bad? Romanian elections usually have a voter turnout of 20%-25%.

"Mysterious economic terrorists" causing the Iranian Riyal to fall! 🤣 Oh Iran, why are you such a drama queen!

What about the current economic crisis in Germany? Why do you NEVER do stories on countries in the EU?

This is a less complicated version of what happens in Argentina. Multiple exchange rates = great way for friends of the government to make money

That's why you need to be friendly to everyone 😉.

You know something is up when Iran and Elections are used in the same sentence

1:46 Because you can't gaslight the economy.

Shouldn’t go around picking fights with America.

When you believe that you're flawless, you don't learn and fix your problems

Isaiah 1:23 Your rulers are rebels, partners with thieves; they all love bribes and chase after gifts. They do not defend the cause of the fatherless; the widow's case does not come before them.

Funnily Americans say stop giving money to Israel/Ukraine while Iranians probably are screaming stop giving money to Hamas. Iran funds a bunch of groups which is probably a bad idea when you have a collapsing economy.

hey TLDR! What was that news app that sponsored you a while ago? It was a non-biased kinda news app if I recall!

41% turnout? Sounds good compared to california@25%

Iran in financial trouble..... Oh No....... Anyway

the turnout was less than 10 percent. Stop lying please.

Neat

The market does not care how much you think your currency is worth. This is what a de-dollarized country looks like, unless you have the USD or Euro. De-dollarization would make the developing worth even more impoverished compared to the developed world.