Iran's liquidity reaches over 4 trillion Tomans; Expert: This is the result of a "corrupt economy"

Why can't we talk about the poverty that has hit us all in the house and will soon take our entire lives with it? We are not far from disaster, let's talk, let's say that we all see that clothes don't fit a king. Let's put aside our shame.

• Economic expert: Liquidity has gone everywhere "except the production sector"

In an interview with the Persian service of Voice of America, economic journalist Reza Ghaibi said that inflation is directly related to liquidity.

He emphasized that about 10 percent of the 4 trillion tomans liquidity was used to cover the budget deficit, and the rest "originated from Iran's sick and corrupt economy."

According to him, when the volume of liquidity in an economy increases, it means that the speed of exchange increases, and as a result, the supply and distribution cycle faces difficulties and leads to inflation and price increases.

This economic analyst stated that "in the past year and a half, as liquidity growth has accelerated, inflation growth has also accelerated," adding that liquidity has gone everywhere except for the production sector.

According to Mr. Ghaibi, a large part of this liquidity "is in the hands of banks," and instead of paying facilities to production units, they speculate in the market with their subsidiaries and circulate liquidity in the foreign exchange, coin, and housing markets.

Mr. Ghaibi says that this will cause chaos and disrupt the order of those markets, and this is a bitter incident that is happening in the country's economy, and no measures have been taken to address it so far.