Shahin Fatemi


Last quote by Shahin Fatemi

There is an inverse relationship between a currency's value and inflation. As inflation goes up, the currency's value falls and it becomes dependent upon international factors. When the economy of a country like Iran is solely dependent on the oil trade, which is currently under sanctions, we should expect to see the value of the national currency go even lower within the coming year. The sanctions are especially affecting Iran's currency. Inflation will continue to rise, and such problems cannot be solved by empty
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Jun 11 2013 Sanctions
Shahin Fatemi has most recently been quoted in an article called Iran's economy 'will eventually change regime'. Shahin Fatemi said, “These events would not have happened if Iran had been a free society,because, in a free society, people, with their votes, would make the government change its policies, and if that did not happen, they would change the government. But in the absence of freedom in Iran, people have no share in the government. As long as the force and the pressure of the government is greater than that of the people, this trend will continue. In general, we can say that Iran's economy is the Achilles Heel of this regime; and it is the economy that will eventually change this regime.”. Shahin Fatemi has been quoted a grand total of 4 times in 1 article.
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