In the 1920's with inflation moving so fast, at the time they crossed out the millions printed on a bank note and overprinted billions instead.   It saved alot of time plus effort avoiding reprinting the same junk notes and in 30 days it would be pure trash again anyway.   So time repeats and Iran is on the same path as 1920's Germany post war it was a bad setup for sure.    In the 1990's the new post soviet Russia changed the old ruble into new ruble but if you owned the right things like the giant gas companies it was a good time to profit I believe; many in the population ended up very much poorer for the new economy hence the ironic positive views on the good old days.   There are many other examples, what I've often noticed true is a commodity based 'rich' country can become captured by a military based & violent government that kills its population but pays the army & bills with sales of that commodity, oil, 'blood diamonds', opals in Myanmar.   Oil being so low currently is hurting Iran most likely plus they have isolated themselves by continual funding of terrorist cells in surrounding countries across the middle east.    Point being I believe its best not to look on as if superior to these failures.  The failure of currency is systemic it wont just have repeated every decade for the last hundred years but in the future also be repeated; it might not even be delayed long for the next country after Iran.
In the 1920's with inflation moving so fast, at the time they crossed out the millions printed on a bank note and overprinted billions instead.   It saved alot of time plus effort avoiding reprinting the same junk notes and in 30 days it would be pure trash again anyway.   So time repeats and Iran is on the same path as 1920's Germany post war it was a bad setup for sure.    In the 1990's the new post soviet Russia changed the old ruble into new ruble but if you owned the right things like the giant gas companies it was a good time to profit I believe; many in the population ended up very much poorer for the new economy hence the ironic positive views on the good old days.   There are many other examples, what I've often noticed true is a commodity based 'rich' country can become captured by a military based & violent government that kills its population but pays the army & bills with sales of that commodity, oil, 'blood diamonds', opals in Myanmar.   Oil being so low currently is hurting Iran most likely plus they have isolated themselves by continual funding of terrorist cells in surrounding countries across the middle east.    Point being I believe its best not to look on as if superior to these failures.  The failure of currency is systemic it wont just have repeated every decade for the last hundred years but in the future also be repeated; it might not even be delayed long for the next country after Iran.

In the 1920's with inflation moving so fast, at the time they crossed out the millions printed on a bank note and overprinted billions instead.   It saved alot of time plus effort avoiding reprinting the same junk notes and in 30 days it would be pure trash again anyway.   So time repeats and Iran is on the same path as 1920's Germany post war it was a bad setup for sure.    In the 1990's the new post soviet Russia changed the old ruble into new ruble but if you owned the right things like the giant gas companies it was a good time to profit I believe; many in the population ended up very much poorer for the new economy hence the ironic positive views on the good old days.   There are many other examples, what I've often noticed true is a commodity based 'rich' country can become captured by a military based & violent government that kills its population but pays the army & bills with sales of that commodity, oil, 'blood diamonds', opals in Myanmar.   Oil being so low currently is hurting Iran most likely plus they have isolated themselves by continual funding of terrorist cells in surrounding countries across the middle east.    Point being I believe its best not to look on as if superior to these failures.  The failure of currency is systemic it wont just have repeated every decade for the last hundred years but in the future also be repeated; it might not even be delayed long for the next country after Iran.

In the 1920's with inflation moving so fast, at the time they crossed out the millions printed on a bank note and overprinted billions instead.   It saved alot of time plus effort avoiding reprinting the same junk notes and in 30 days it would be pure trash again anyway.   So time repeats and Iran is on the same path as 1920's Germany post war it was a bad setup for sure.    In the 1990's the new post soviet Russia changed the old ruble into new ruble but if you owned the right things like the giant gas companies it was a good time to profit I believe; many in the population ended up very much poorer for the new economy hence the ironic positive views on the good old days.   There are many other examples, what I've often noticed true is a commodity based 'rich' country can become captured by a military based & violent government that kills its population but pays the army & bills with sales of that commodity, oil, 'blood diamonds', opals in Myanmar.   Oil being so low currently is hurting Iran most likely plus they have isolated themselves by continual funding of terrorist cells in surrounding countries across the middle east.    Point being I believe its best not to look on as if superior to these failures.  The failure of currency is systemic it wont just have repeated every decade for the last hundred years but in the future also be repeated; it might not even be delayed long for the next country after Iran.