Iran: Nuclear Messiah's Economic Achievements

IRAN'S ECONOMIC DECLINE ACCELERATES

The Iranians, rich in oil but poor in refining capacity, has imposed a gasoline-rationing program and increased the prices for fuel as a result of its continuing economic collapse. The decline comes in part from increasingly effective international sanctions, but mostly result from the economic lunacy psuhed by Mahmoud Ahmadinejad to achieve Iranian self-sufficiency:

Iranians are bracing themselves for a fresh round of belt tightening after their government voted to impose petrol rationing coupled with sharp rises in the price of fuel.
The rationing system will limit Iranians to 22 gallons (100 litres) of petrol a month, two full tanks for a typical family car. It is a direct result of President Mahmoud Ahmadinejad's adherence to an economic model, based on Iranian self-sufficiency, that has caused housing and other living costs to soar.

The basic price of petrol will rise by 25 per cent, but Iranians who need to use more than the permitted amount will be hit by rises of up to 450 per cent.

Economists predict that the knock-on effect on the average Iranian will be dramatic, with retailers expected to pass on the additional costs to consumers.


For those Americans who lived through the 1970s, this will seem very familiar indeed. The price of gasoline acts as a force multiplier in the economy, as goods have to move through the various stages of the market. Transportation costs skyrocket, inflating prices at each stage of the distribution channel. At the same time, consumers have significantly less money to spend, thanks to their own fuel costs, and also due to rising unemployment as producers try to contain other costs to offset the impact of staggering increases in energy bills.



For the rectocranially impacted apocalyptic Ahamdinejad and his ilk, this is probably some sort of a test of their cultic faith and resolve on their way to achieve the highest form of art, martyrdom.hahaha