Latest / اکو ایران | روند / چاپ پول رکورد زد
Transcript
- 0:01Speaker 1: Banke Merkezi, after a long hiatus, spread the news of
- 0:03Speaker 1: the rise in the amount of money and took advantage
- 0:07Speaker 1: of the latest changes in the monetary system. Changes that
- 0:10Speaker 1: show that the 47-year-old record has been broken and war
- 0:12Speaker 1: has shown signs of itself in the country's monetary policy.
- 0:16Speaker 1: In this moving program, we are going to see how
- 0:18Speaker 1: much new money has been donated to the Iranian economy
- 0:21Speaker 1: in the year when the record of money printing has
- 0:24Speaker 1: been broken.
- 0:25Speaker 2: Stay with us.
- 0:35Speaker 1: The Minister of Economy has recently announced that during the war,
- 0:45Speaker 1: the government has extorted 100,000 billion tomans from the Central Bank.
- 0:49Speaker 1: This money is usually entered into the.
- 0:51Speaker 2: Economy as a currency. Now, what is a currency?
- 0:54Speaker 1: One of the economic factors that can cause.
- 0:57Speaker 2: A rise in inflation and follow it is currency.
- 1:03Speaker 1: The currency is the same money that the central bank
- 1:07Speaker 1: prints and is called the currency of prosperity and the
- 1:09Speaker 1: currency of prosperity, because this money is in the economy
- 1:13Speaker 1: and is multiplied by a few. The rise of the
- 1:16Speaker 1: currency point in the last 52 years shows that in
- 1:18Speaker 1: this period, this figure has reached more than 50% only
- 1:22Speaker 1: three times.
- 1:26Speaker 2: It happened for.
- 1:27Speaker 1: The first time in 1953 and at the same time
- 1:30Speaker 1: with the increase in oil revenue, which experienced 65 percent.
- 1:33Speaker 1: The second time in 1957, it was observed with a
- 1:37Speaker 1: growth rate of approximately 64 percent, which seems to be
- 1:41Speaker 1: the reason for the political and economic changes of 1957.
- 1:48Speaker 1: Last time, in the end of 2004, the price increased
- 1:52Speaker 1: by 61.5% compared to the similar period in 1403, which
- 1:54Speaker 1: is considered a 47-year-old record. It is interesting to know
- 1:57Speaker 1: that according to our estimates, more than 836 hems of
- 2:00Speaker 1: money have been spent in the same year, which is
- 2:03Speaker 1: a record of at least 15 years. The emergence of
- 2:17Speaker 1: these figures, according to the country's economic officials, was influenced
- 2:20Speaker 1: by two wars that we have been going through for
- 2:22Speaker 1: a year. You may have heard of the government's recent
- 2:26Speaker 1: sudden withdrawal from the central bank. Morteza Zamanian, the deputy
- 2:33Speaker 1: minister of economy, had explained that due to the lack
- 2:35Speaker 1: of access to some of the oil and financial funds
- 2:37Speaker 1: due to the war, the government has withdrawn from the
- 2:39Speaker 1: central bank, but after receiving these funds, it is going
- 2:41Speaker 1: to finance its debt. But if we want to check
- 2:43Speaker 1: very technically and accurately why the amount of money has
- 2:47Speaker 1: increased so much, we must first know the factors that
- 2:49Speaker 1: affect it.
- 2:58Speaker 2: The increase in the amount of.
- 3:00Speaker 1: Money is happening from four channels, one of which is
- 3:03Speaker 1: foreign deposits or the value of the assets of the exporters, which.
- 3:06Speaker 2: Mainly consists of oil deposits.
- 3:10Speaker 1: One of them is only the transfer of banks and
- 3:11Speaker 1: government shares to the central bank, and the last part
- 3:14Speaker 1: is also mentioned under the title of all assets, which usually.
- 3:18Speaker 2: Consists of a large part of accounting changes.
- 3:20Speaker 1: In April 2004, the factors that caused the fall of
- 3:23Speaker 1: the currency were only foreign deposits and the transfer of
- 3:26Speaker 1: government shares to the central bank. The rate of rise
- 3:28Speaker 1: in foreign deposits of the central bank was more than 200.1%.
- 3:35Speaker 2: As we pointed out, foreign.
- 3:36Speaker 1: Currencies are a part of the value of oil production there.
- 3:40Speaker 1: But this does not necessarily mean that our oil production
- 3:44Speaker 1: has increased.
- 3:45Speaker 2: Why?
- 3:45Speaker 1: Because in recent years, the share of this sector has
- 3:49Speaker 1: always been high, which is said to be due to
- 3:52Speaker 1: the reduction of the value of oil. On the other hand,
- 3:54Speaker 1: due to the system of calculation, this difference in the
- 3:59Speaker 1: calculation of the reduction of oil is also in the
- 4:01Speaker 1: other part of the equation, which is also due to
- 4:03Speaker 1: the Usually its amount is negative.
- 4:06Speaker 2: Let's move on to the second factor.
- 4:07Speaker 1: The government's debt to the central bank in the month
- 4:10Speaker 1: of May was negative 306. This negative amount shows that
- 4:12Speaker 1: the government not only has no debt to the central bank,
- 4:15Speaker 1: but it is also demanding. In the month of May,
- 4:17Speaker 1: this factor has reached 3.5% from the rise of the currency.
- 4:26Speaker 1: The cause of this incident could be that the government
- 4:29Speaker 1: has sold oil and its income has been transferred to
- 4:32Speaker 1: the central bank, but the central bank has not yet
- 4:35Speaker 1: transferred the real value of this debt to the government.
- 4:40Speaker 1: On the other hand, the bank's loan to the central
- 4:42Speaker 1: bank was one of the reasons for the decline in
- 4:45Speaker 1: the rise of the currency. This means that until a
- 4:49Speaker 1: few months ago, one of the most important reasons for
- 4:51Speaker 1: the rise of the currency was the same. But in
- 4:53Speaker 1: the winter of this section, a negative or low loan
- 4:56Speaker 1: This could be due to two reasons. It is possible
- 5:00Speaker 1: that due to the war and economic protests in the
- 5:03Speaker 1: country's economic activity and the banking network, there has been
- 5:06Speaker 1: a delay, i.e. some part of the banking network has
- 5:09Speaker 1: been restored to the central bank. So far, we have
- 5:16Speaker 1: covered almost all the important figures related to the price
- 5:18Speaker 1: of money. But one of the important features of money
- 5:20Speaker 1: is currency. Currency is the total amount of money that
- 5:23Speaker 1: is in the hands of real and legal entities.
- 5:25Speaker 2: This money can include accounts, accounts and bank deposits.
- 5:28Speaker 1: In December, the total amount of currency in the country
- 5:31Speaker 1: has reached more than 15,000 billion tomans, which has risen
- 5:34Speaker 1: more than 53% compared to the end of the year 1403.
- 5:45Speaker 1: The last time such a rise in inflation was observed
- 5:48Speaker 1: was also in 1953. In this year of increasing oil
- 5:50Speaker 1: prices and imports, the country's economy has become a Dutch disease.
- 5:53Speaker 1: Inflation is divided into two parts in total. One part
- 5:55Speaker 1: is kept in the current accounts in the form of cash,
- 5:58Speaker 1: so that we can withdraw it more easily, which is
- 6:01Speaker 1: called money. Another part is also included in the long-term accounts,
- 6:05Speaker 1: which is called interest. This example shows that some percent
- 6:13Speaker 1: of inflation is made up of money and some percent
- 6:15Speaker 1: is made up of interest. The rate of interest and
- 6:17Speaker 1: interest from inflation to December was Saudi and decreased in December.
- 6:20Speaker 1: We must say that the most amount of interest from
- 6:23Speaker 1: inflation was 26% and we experienced this in December. According
- 6:26Speaker 1: to economic economists, the changes in the interest rate can
- 6:30Speaker 1: also be a indicator of inflation. In other words, when
- 6:40Speaker 1: people are waiting for their return, they withdraw their money
- 6:44Speaker 1: from the banks and probably take this money to other
- 6:47Speaker 1: markets such as gold and dollar. Because this is an implementation,
- 6:51Speaker 1: we also reach the level of the rise.
- 6:53Speaker 2: Of money and the price of money. Now why is
- 6:55Speaker 2: this important?
- 6:56Speaker 1: Because the relationship between the level of the rise of
- 6:58Speaker 1: money and the price of money can be one of
- 7:01Speaker 1: the important reasons for the rise of inflation. Because it
- 7:03Speaker 1: can lead to the transfer of money to other markets.
- 7:06Speaker 1: By the end of the month, the rise in money
- 7:10Speaker 1: was more than the rise of money, and this trend
- 7:13Speaker 1: in the first half of the month has been broken.
- 7:14Speaker 1: It is possible that because of the high war and
- 7:17Speaker 1: insecurity conditions, people have not made any decisions to withdraw
- 7:21Speaker 1: their deposits from the bank. On the other hand, due
- 7:23Speaker 1: to the war, the operation of many trading markets and
- 7:25Speaker 1: also the banking network was stopped, and.
- 7:28Speaker 2: This issue could have been affected by this trend.
- 7:32Speaker 1: According to the principle of the fundamental process of economy,
- 7:36Speaker 1: by increasing inflation in the economy and stabilizing or reducing
- 7:39Speaker 1: the economic.
- 7:39Speaker 2: Growth, i.e.
- 7:39Speaker 1: The situation we are in now, the inflation rate may increase.
- 7:43Speaker 1: In a situation where the purchasing power and the level
- 7:47Speaker 1: of health of the people is at a loss, inflation
- 7:50Speaker 1: control to prevent the inflation rate from increasing is important.
- 7:54Speaker 1: In a situation where war is a disaster for reconstruction
- 7:59Speaker 1: and the lack of funds around it is the main
- 8:01Speaker 1: problem of the banks, the control of the inflationary rise
- 8:06Speaker 1: is a difficult task, but raising the inflation rate will
- 8:08Speaker 1: necessarily change it.