Soaring inflation is the result of clumsy economic surgery

A faculty member at Shahid Chamran University in Ahvaz blamed the failed implementation of the shock therapy policy, increased international tensions, and the weakness of the government's economic team for the spike in inflation, saying: "It was natural for inflation to grow because they implemented a failed policy in the worst possible way."

Seyyed Morteza Afgha added: "A large number of pro-market economists insistently pushed the 13th government towards a failed version of surgery, and the government took this action both due to a severe budget deficit and due to its unfamiliarity with the requirements of the Iranian economy, and we are seeing the results."

This university professor considered another reason for the record-breaking inflation to be the extreme weakness of expertise, saying, "Mr. Raisi has no knowledge of the field of implementation and its problems and complexities, and based on judicial precedent, he thinks that the economy is managed through orders and circulars."

He clarified: "The government's economic team, including the head of the Planning and Budget Organization, the head of the Central Bank, and the First Vice President, do not know the basics of economics at all. Even those who have studied economics have no experience in implementation or have a fantasy idea of ​​the economy, which results in illusory promises."

In this context, economist Hossein Raghfar, referring to the announced inflation rate of 52.5 percent in the first year of the 13th government, said: "Those whose jugular veins swelled in defense of increasing the exchange rate and eliminating the 4,200-toman currency, must today be held accountable for the political and social consequences of the decision they have made."

Stating that the economy has been abandoned in the 13th government, he added: "This increase in the inflation rate is naturally due to the elimination of the 4,200-toman currency and the chaos in the country's economy, and it has now been proven that the Iranian economy has been influenced by the currents of power and wealth."

At the same time, Abdolnaser Hemmati, former head of the Central Bank of the Islamic Republic, wrote on his Twitter account in response to the economic situation and inflation of the past months:
"Parliament: Prices of basic goods should return to Shahrivar 1400 with the price list. Minister of Justice: Prices should return to Ordibehesht 31. In contrast, the president is keeping the torch of inflationary expectations burning by postponing the remaining price increases to next year. Economics, like any science, is neither deceptive nor takes orders."