Hyperinflation Comes To Iran

Tyler Durden's picture




 

Hyperinflation has struck again, this time at ground zero of the most sensitive geopolitical conflict in ages: Iran. EA WorldView reports:

An EA source reports that a relative in Tehran ordered a washing machine for 400,000 Toman (about $240) this week. When he went to the shop the next day, he was told that --- amidst the currency crisis and rising import costs --- the price was now 800,000 Toman (about $480). Another EA source says that the price of an item of software for a laptop computer has tripled from 50,000 Toman to 150,000 Toman within days.

And so the opportunity cost for the Ahmedinejad regime to preserve its status quo gradually grinds to zero, as the entire economy implodes (courtesy of a few strategic financially isolating decisions) making further escalation virtually inevitable, in a 100% replica of the US-planned Japanese escalation that led to the Pearl Harbor attack, and gave America the green light to enter the war.

Summary of McCollum's 1940 memo.

 

h/t L0gg0l

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Tue, 01/10/2012 - 14:18 | 2050900 SheepDog-One
SheepDog-One's picture

Exactly quintago, people have this notion of Iran being a bunch of sand dunes with a couple tents on it. In reality Iran is the most developed mid east country by far. Well except for Israel, but thats a different story with the Synogogue of Satan.

The Real Iran the US Doesnt Want You to See - YouTube

Tue, 01/10/2012 - 17:39 | 2051803 I Got Worms
I Got Worms's picture

To Joe 6-pack, it don't make a shit that Persians and Ay-rabs are nothing alike.

Tue, 01/10/2012 - 14:08 | 2050866 jcia
jcia's picture

Ron Paul is off to the status quo!

Step by Step on Getting Ron Paul Elected

http://www.youtube.com/watch?feature=player_embedded&v=UtGRHg3a8Iw

Tue, 01/10/2012 - 14:58 | 2051164 Urban Redneck
Urban Redneck's picture

That video is hilarious (and hopefully useful), but the fact that it is even needed is tragic.

Tue, 01/10/2012 - 18:27 | 2051983 msamour
msamour's picture

I especially liked the big guy with the I Heart guns t-shirt. There was no need for words, or bubbles, but we knew what it was about. I have great hopes for this year, maybe we will all be lucky, and RP can squeeze by. Then the hardest part will be to keep this guy alive somehow.

Tue, 01/10/2012 - 19:35 | 2052186 Manipuflation
Manipuflation's picture

That is actually a very useful link JCIA.

Tue, 01/10/2012 - 14:08 | 2050867 drink or die
drink or die's picture

What about Ipad 2s?  Are those going up in price too?  Inquiring minds want to know.

Tue, 01/10/2012 - 14:10 | 2050885 slaughterer
slaughterer's picture

Nice time to own some of those smuggler ships that leave from Dubai for Iran loaded with iPhones and white goods.  

Tue, 01/10/2012 - 14:38 | 2051050 Mad Marv
Mad Marv's picture

Maybe they just bartered poorly.

Tue, 01/10/2012 - 14:51 | 2051115 Sudden Debt
Sudden Debt's picture

Rule nr.1 in capitalisme:
Pricing = amount the idiots want to pay for it

Rule nr. 1 in marketing:
Value product at 10 times the actual value

Rule nr.1 in sales:
Don't talk about the price, just mention it in a abstract way

Rule nr.1 in banking:
Loan them the money and ask 2 x the amount back in intrest

In the end you'll probably pay 50$ for a 1$ product.

Tue, 01/10/2012 - 15:28 | 2051283 CynicLaureate
CynicLaureate's picture

If you really had faith in your math, you'd be out there undercutting the $50 guy making a killing and getting rich.

Me?  I'm still in awe whenever I wander around WalMart looking at kitchen goods.  How can they ship this "Cooka-wonder-gadget" from China for $1.99, much less make it and package it, too?

Tue, 01/10/2012 - 15:44 | 2051360 Sudden Debt
Sudden Debt's picture

I make a nice living in marketing :)

And to answer your question: they ship it in vertical filled containers and don't buy it per item but per cubic feet. Something that costs 2 dollars in the store is bought by the store for about 10 to 15 cents.
I'm a retail marketeer myself :)

You should see the production plants spitting these goods out at a rate you can't believe!
And yet you think 2 $ for it is cheap... Because you value it...

Tue, 01/10/2012 - 17:11 | 2051684 AbruptlyKawaii
AbruptlyKawaii's picture

By the way if anyone here is in advertising or marketing...kill yourself™.

No, no, no it's just a little thought. I'm just trying to plant seeds. Maybe one day, they'll take root - I don't know. You try, you do what you can. Kill yourself.

Seriously though, if you are, do.

Aaah, no really, there's no rationalisation for what you do and you are Satan's little helpers.

Okay - kill yourself - seriously. You are the ruiner of all things good, seriously. No this is not a joke, you're going, "there's going to be a joke coming," there's no fucking joke coming.

You are Satan's spawn filling the world with bile and garbage. You are fucked and you are fucking us.

Kill yourself. It's the only way to save your fucking soul, kill yourself.

Planting seeds. I know all the marketing people are going, "he's doing a joke..." there's no joke here whatsoever.

Suck a tail-pipe, fucking hang yourself, borrow a gun from a Yank friend - I don't care how you do it.

Rid the world of your evil fucking makinations. Machi... Whatever, you know what I mean.

I know what all the marketing people are thinking right now too, "Oh, you know what Bill's doing, he's going for that anti-marketing dollar. That's a good market, he's very smart."

Oh man, I am not doing that. You fucking evil scumbags!

"Ooh, you know what Bill's doing now, he's going for the righteous indignation dollar. That's a big dollar. A lot of people are feeling that indignation. We've done research - huge market. He's doing a good thing."

Godammit, I'm not doing that, you scum-bags! Quit putting a godamm dollar sign on every fucking thing on this planet!

"Ooh, the anger dollar. Huge. Huge in times of recession. Giant market, Bill's very bright to do that."

God, I'm just caught in a fucking web.

"Ooh the trapped dollar, big dollar, huge dollar. Good market - look at our research. We see that many people feel trapped. If we play to that and then separate them into the trapped dollar..."

How do you live like that? And I bet you sleep like fucking babies at night, don't you?

"What didya do today honey?"

"Oh, we made ah, we made ah arsenic a childhood food now, goodnight." [snores] "Yeah we just said you know is your baby really too loud? You know?" [snores] "Yeah, you know the mums will love it." [snores]

Sleep like fucking children, don't ya, this is your world isn't it?

 

Goat Boy RIP

Tue, 01/10/2012 - 18:10 | 2051921 Global Hunter
Global Hunter's picture

Bill Hicks!  I was just thinking today there was a regular poster on ZH with Bill Hicks avatar I haven't seen in a while

Tue, 01/10/2012 - 18:17 | 2051951 stirners_ghost
stirners_ghost's picture

"Those who insist that objects, activities, people or creations have objective value are unhappy jealous souls who see all human commerce as a form of exploitation in which one party must always be cheated and degraded."

-Allen Thornton

Tue, 01/10/2012 - 21:29 | 2052313 AbruptlyKawaii
AbruptlyKawaii's picture

 

classic anarcho/libertarian solipsism loaded with non sequitors.

1. Anyone who is objective is jealous and unhappy.

2. Critics are objective.

3. All critics are jealous and unhappy.

for example, in ayn rand's utopia, subjectivity is a property rights issue and must bend to the whims of a so called individualism which is, inter alia, nothing but naive and deluded ideology.

conveniently, such arguments are never taken to their illogical conclusion.

in this circular logic, ethics becomes at once apriori and relative to the so called free-market, such that, as long as there is a market for 'it', then 'it' must be okay, for the market gods or the gods of the "jungle" have so ordained and blessed the subjective value of 'it'.

in other words, as long as there is a "free-market™®©" subjectivity is not only an end, but also a virtue in itself.

 

 

 

 

Tue, 01/10/2012 - 22:34 | 2052882 JOYFUL
JOYFUL's picture

You are seriously confused, and may need to hang yourself upside down from a tree in order to clear the fog from your brain.

Ayn Rand is to "anarcho-libertarianism" what Alan Greenspan was to "free-enterrpise".....

another neo-trotskyite klepto-kommunist wolf-in-sheep's clothing, sent to Amerika to delude the masses into believing that freedom is slavery and slavery is freedom.

Now go back to yur Philosphy 101 course and learn to punch in your weight class Poindexter.

Wed, 01/11/2012 - 01:36 | 2053525 UpShotKnotHoleGrable
UpShotKnotHoleGrable's picture

u mad brah?

Wed, 01/11/2012 - 07:08 | 2053780 JOYFUL
JOYFUL's picture

not a tall, sport.  Just like to see accuracy in media.  Pardon my particularism for objecting to halfwit grandstanding by junior intellects.

*note to audience....I never junk my opponents here,  just concentrate on destroying their arguments.  Yur move welterweight.

Tue, 01/10/2012 - 15:08 | 2051200 e-recep
e-recep's picture

it is fishy. how come the dollar value of the item doubles, too??

Tue, 01/10/2012 - 18:30 | 2051996 AUD
AUD's picture

Hyperinflation in the USA?

Tue, 01/10/2012 - 15:17 | 2051234 Ghordius
Ghordius's picture

Not all prices - imports first & most.
Gold, by the way, not that much...

Tue, 01/10/2012 - 15:40 | 2051355 Gully Foyle
Gully Foyle's picture

"Another EA source says that the price of an item of software for a laptop computer has tripled from 50,000 Toman to 150,000 Toman within days."

Meanwhile Pirate Bay reported a hundred percent increase in bandwidth usage.

Tue, 01/10/2012 - 15:54 | 2051428 Slartebartfast
Slartebartfast's picture

Read the post!  This isn't YOY data.  This all happened in the last few days as a result of the Obama Regime's massive escalation as of New Years Day.  Lovely.

Better invest is some metals.  Lead underwear!

Tue, 01/10/2012 - 16:22 | 2051543 zerozulu
zerozulu's picture

I visited Iran in the late 90's. I married few years before that other wise i could have married an Iranian girl. I swear , Iranian people are the most loveable people. At the end of the day, looser will be the people who believe this kind of MSM crap.

Iranian government might have put 100% tax on imported goods. Most of the stuff they use is made locally.

Tue, 01/10/2012 - 16:51 | 2051615 Stax Edwards
Stax Edwards's picture

And believe it or not, the Iranian people only hate their government slightly more than the rest of the world does.  The Iranian people are not the problem.  The Iranian government getting nuclear weapons is a serious problem that I fully guarantee you will not be tolerated by the world.  Yes, by default the US will be left with the heavy lifting here, but there are no modern nations that want Iran to have nukes, and if that means war, so it will be.  This is not my opinion, this is a fact.

Tue, 01/10/2012 - 17:17 | 2051726 disabledvet
disabledvet's picture

So Iran and the USA have something in common. Perhaps negotiations are in order?

Tue, 01/10/2012 - 17:42 | 2051817 Pancho Villa
Pancho Villa's picture

It is too close to elections for any US military action against Iran. If the US was going to do anything, it would have done it already. Iran now has a green light for building nukes, if it wants to.

This is not fact, it is my opinion.

Tue, 01/10/2012 - 17:09 | 2051695 fourchan
fourchan's picture

its great if your not getting your head cut off or a death sentance by a religous nut.

Tue, 01/10/2012 - 22:40 | 2052893 inca
inca's picture

I agree with Gordon Duff! - must read!

Iran Crisis: Something Fishy Contrived?  Is That the Word I am Looking For?

by Gordon Duff,  Senior Editor

From the sound of it, the US stands ready to attack Iran any day now. Now for the funny part.

Two days ago, I took my wife down to get a replacement ID card.  We go to our local Air Force Base, headquarters of the 180th Fighter Wing, more or less
the “tip of the spear” as for American air power.

This is our local boys, family to our town, this is “our” military.  They are quietly home, alive and well and not relocating to the Middle East.

You can’t even count how many times they have been deployed but they aren’t deployed now.

I tend to not believe in the current crisis and the threatened attack.  I have intelligence sources in most governments in the region, safely, the equal of the CIA, perhaps better.  I am more “likeable” even on my grumpy days.

Back years ago, 9/11, the first thing I asked was “who makes money off this.”

By 2006, we had enough witnesses come forward we could prove our suspicions that, essentially, America’s government had fallen in 2000 and a cabal, the same that orchestrated the Afghanistan invasion, the Iraq invasion, the phony intelligence for both, those pulling the Bush/Blair “strings” planned and executed 9/11.

In the end, we have stood for years now ready to arrest Americans and Israelis and not one single Muslim.  This would be the easiest criminal case in history.

more here:  http://www.degaray.com/?p=1925

 

Tue, 01/10/2012 - 14:02 | 2050834 THECOMINGDEPRESSION
THECOMINGDEPRESSION's picture

Don't worry the poor womans washing machine will be destroyed by a bomb in the coming months.

Tue, 01/10/2012 - 14:04 | 2050845 mayhem_korner
mayhem_korner's picture

 

Don't worry the poor womans washing machine will be destroyed by an A-bomb in the coming months.

Little editing.  :D

Tue, 01/10/2012 - 14:26 | 2050980 tarsubil
tarsubil's picture

The MIC is not about doing stuff efficiently or quickly. It is about running up the tab.

Tue, 01/10/2012 - 15:52 | 2051417 oddjob
oddjob's picture

Cost plus, bitchez.

Tue, 01/10/2012 - 14:56 | 2051139 Sudden Debt
Sudden Debt's picture

I thing you mean:
The womans washing machine will be melted back into raw metal by a A-bomb in the coming months and the carbon from her vaporized body will make it a high valued metal.... Damascus was once well known for it's carvonised metal, it seems they'll be once more.

A mans got to Nuke what mans got to Nuke.

Tue, 01/10/2012 - 14:15 | 2050919 fasTTcar
fasTTcar's picture

Isn't that bullish for the economy?

Tue, 01/10/2012 - 14:02 | 2050835 mayhem_korner
mayhem_korner's picture

 

 

I just looked it up:  "Escalation" in fact is a synonym for "inflation."  Go figure.

Tue, 01/10/2012 - 14:02 | 2050836 azzhatter
azzhatter's picture

Good thing they don't wash very often

Tue, 01/10/2012 - 14:03 | 2050844 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Only five times a day

Tue, 01/10/2012 - 14:20 | 2050944 SheepDog-One
SheepDog-One's picture

Right, azzhater, because Iran is so PRIMITIVE and all! Or so they want you to believe.

The Real Iran the US Doesnt Want You to See - YouTube

Tue, 01/10/2012 - 14:28 | 2051000 Dr. Engali
Dr. Engali's picture

Good video. It's too bad more people can't see it. When people think of Iran they think of camels and mud huts.

Tue, 01/10/2012 - 14:31 | 2051012 SheepDog-One
SheepDog-One's picture

Thats because most people, even smart people, are really just sheeple too.

Tue, 01/10/2012 - 14:35 | 2051035 kridkrid
kridkrid's picture

by design.  There are people and there are non-people.  Chomsky talks a lot about this... you've got to make it so people have relative value.  A bunch of "collateral damage" in an air strike is a lot more acceptable if the people are mostly brown goat herders and camel jockeys.

Tue, 01/10/2012 - 15:32 | 2051304 Cyrano de Bivouac
Cyrano de Bivouac's picture

600,000+ German civilians  were killed by Allied aerial attacks during WW2. So the Anglo American financial system isn't that picky.

Tue, 01/10/2012 - 16:50 | 2051613 kridkrid
kridkrid's picture

that is true.  But by in large, the way our media reports, there is a difference in the value of a human life based on where one lives and the color of their skin.  

Tue, 01/10/2012 - 17:13 | 2051710 Bob Sacamano
Bob Sacamano's picture

Agreed.  How is the economic state of their country a factor in whether economic sanctions are imposed or whether they are bombed?  Seems an absurd consideration.

Tue, 01/10/2012 - 17:46 | 2051836 frostfan
frostfan's picture

Cyrano,

Your comment is unacceptable.  Please rephrase to "Zionists made Americans kill innocent civilians"  and you will get 50 green arrows.

Tue, 01/10/2012 - 17:06 | 2051680 Things that go bump
Things that go bump's picture

Rather than elegant, highly civilized Persians.

Tue, 01/10/2012 - 17:04 | 2051663 foxenburg
foxenburg's picture

Yum, yum! Talk about target rich. Bitchez!!

Tue, 01/10/2012 - 18:28 | 2051988 krispkritter
krispkritter's picture

Well they do have camels...have a picture of my Mother on one over there.  Said it was way spookier than riding a horse.

http://www.iranian.com/main/singlepage/2007/camel-race

 

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