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tv   [untitled]    January 24, 2024 3:00pm-3:31pm IRST

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the palestinians gained four points with this win, but due to conceding fewer goals than the uae, they became the third team in the round of 16 . hong kong also left the competition without points. from the second group, australia was stopped against uzbekistan with the images of one, and with seven points as the leader to the next round.
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it is bahman 12th of rajab and january 24th in tehran, the sunset is at 173:00, maghrib call to prayer is at 17:00, and sharia midnight will be at 23:33 . dear colleague, greetings i respect all the special viewers of the above program. we want to talk about mandatory policies or controlled floatation of the exchange rate , whether the stabilization policy is mandatory or not. the news of the importance of elections in electing a strong parliament , the key is in the hands of the people. iranian coach sharaf iran
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has a telegram, he is playing across the country, why are you setting prices this month? your question is an interesting question. you are a football manager, we do not want any kind of treatment. we don't agree, higher than me, as if higher today, wherever we are. you are a special companion of the higher program. in recent meetings, the leader of the revolution has named real competition as one of the important pillars of the election, which means that the field should be prepared for the presence of different political, cultural and economic trends so that everyone with their own different views and trends can participate in the competition. participate in big elections and a competition. body shape one
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of the topics on which experts disagree is the issue of supply market management, whether our stabilization policies are mandatory or not, and control of our supply. whether it is an order or not, we want to serve you a debate , be a special companion of the higher program . let me start with the question of how much you agree with mandated policies to control and stabilize the exchange rate. yes, in the name of allah, the merciful , the merciful. land price
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the difference between the real interest rates of iran and the united states and the capital market is an indicator of the difference in expectations regarding the future of the economy of iran and the united states. now if the relationship we are considering dollars and rials, so the price of land, you cannot determine the price of land by order. if someone has this idea or makes the mistake that the price of land can be determined by order , it is like a person who stays up at night with a fever. the reactions inside the child's body are what he does to lower the child's fever
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. he puts an ice cube next to the thermometer. the fever goes down a lot, but the child's fever has not really come down. when we find out that the exchange rate is the result of balance. the economy and especially the balance of these three markets will be understood when the stabilization of the land price in the form of an order is impossible if we want, but the price of land is stable, what we have to do is to increase interest in the product market compared to america, we have to increase our interest rate , our real interest rate compared to america, and we have to correct the expectations in the economy. regarding the future of the country's economy compared to the economy of origin. with which we are measuring iran, but in iran's economy, unfortunately, since 1357, we have been continuously seeking to stabilize the price of land wherever we can, because we thought it was a virtue, so
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we thought to keep the child's body temperature down by force with ice. this is a virtue. this is not a virtue . it will kill this child because that child has an infection in his body. you should be disinfected. treat mont , this is my rate. the rate is increasing every year . it jumps so much. either we stabilize it like in the 80s , then it jumps once, or we stabilize it like in 1993-1996, then it jumps once. show these. the fact is that there is a serious infection in this economy, so the main point of discussion is whether we want to treat the infection in the economy in a radical way, which follows. whether it comes down or not , we want it by putting ice and doing a series of things housing and providing a series of housing and these things , let's show this child's body in a different way for a short period of time, because of a series of desires, a series of political demands, a series, for example, the government
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is at the end of its term or the parliamentary elections or anything else. he does the work as far as he can and as far as he can and as far as the resources. it is horizontal because our economy is not like the turkish economy, the turkish economy is difficult, very difficult, the government can make this mistake in very short periods . 93 to 96 can it continue because we have so much housing and so many pieces of ice that we can put it next to the demo meter and what is that oil income that dollars are coming out from under your ground and you are spending those dollars in the way that i will tell you now. how else could we have spent and what long-term damage
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we have caused to iran and the people of iran with this way of politics and with this way of managing the economy . thank you very much, mr. hassan khani . i also say hello to my dear viewers. our country is the best possible way to problems may the economy succeed and be able to maintain its path in progress and excellence and improving the livelihood of the people, and god willing, increase it. i wanted to make a complaint to you about the program that you said was a debate. let's say this now, but let's talk about a series of policymakers . i emphasize on the policymaking area of ​​mr. roger farmer in the book "how does the economy work
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?" my politician is very controversial in that part of his policy making. i have because we cannot discuss books and textbooks academically, now by textbook i mean a purely scientific text, that's why if i want to answer your question, i have to pay attention to a series of prerequisites and requirements. let's answer this question , if it takes a long time, please stop it, i have no problem, should we fix it or let it go? or should we do something else? if we want to answer this question, we should discuss at least 89 issues together, one of which is the document rules. what are the above regulations, the conditions that the law allows us, i will just give an example that will not go into a long detailed discussion, it is that out of
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the 43 general policies that have been promulgated so far, which have about 830 clauses, these 43 general policies from the decades 70 until today, there are about 26 direct or indirect decisions and 32 rulings. it is constantly said in different policies that it will bring stability, for example, let's assume monetary policies, commercial exchange and coordination between policies , this is one of these cases. the detailed discussion of discussion two is one of the cases that is very clear in the field the discussion of article 20 of the law on permanent decrees, which i will explain, god willing, if i get a chance, in the second part , the second topic that should be addressed is iran's economic structure. iran's economy today, in fact, if i want to give an example of one of its features
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, it imports about 80 basic and input goods and basic consumer goods and its auxiliary goods, and exports in the same way . we mainly have goods for production. at the bottom of the third issue of the discussion of models for explaining the behavior of the exchange rate, a mistake has occurred, a misunderstanding of what they say, sir, that inflation should be proportional to inflation. there should be an adjustment between iran and the united states , nothing like this has been said in any economic book. the problem that has been said in the economic books and those 9 theories of behavior explaining the behavior of the exchange rate is how we can justify the behavior of the exchange rate retrospectively . this is the problem that we cannot tell the price of land to go up because
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there is an inflationary difference between iran and the united states . there is no such thing at all in economic scientific texts. in certain circumstances with certain defaults, this can be the difference between turns a discussion of the issue of three quarters of the number, if i am correct, a discussion of the explanation of the currency crisis models , we have three models of the currency crisis, an experience, the experience of latin america , 10, 80, mexico, i don't know, chile, different countries that faced the currency crisis due to those three events, 3 characteristics high inflation, negative commercial terrace and continuous budget acquisition. this is a very detailed story that we can address now if there is a chance . it is a matter of currency crisis in european countries . england faced the pound crisis in 1900 for a reason.
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speculative machine leaks caused by speculative attacks there is a detailed literature on the policy maker's hesitation in maintaining or releasing the interest rate, and it was a crisis in southeast asia, which was caused by the collapse of the fragile economies of the southern countries of southeast asia due to short-term foreign debts. i also forgive the country of turkey. particle for direct object. in the same way, i can see the crisis in venezuela in this structure . another issue is the issue of sanctions. the issue of sanctions is a very detailed issue. now, if there is no time, i will wait in the second part. i will tell you how much you agreed with mr. al-husseini until now. now mr. hassan khani has discussed some issues. that is very relevant to our discussion he didn't have a legal issue to say, which i think we should skip now, why the law at all. we say that the price of land should be stable. you are an expert
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. you know that you should say that the price of land should be stable. the exchange rate is the rate of people's suffering. we do not talk, even though the law also says that the price of land in iran is high. it has been managed, now i don't want to get into the legal issue, that's why , but we said the land price, the product market , the product market, the capital market, and the money market, if you understand this. mr. hassan khani, please answer this, if we understand this, sir, we are going to have land price stability, of course it should be stable, but you have to control those three markets, if you want it to be stable, if you want baby fever. bro, you should control the infection of the body, not to manipulate the thermometer
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, but this is what they say, this is the theory. let's go to the political field to see how the land price in iran is determined, how it happened. i want to review the space before and after the revolution. now, before. if i don't have time since my revolution, i will review it after the revolution it was necessary to go back from 1300 to 1357 and from 1957 to today and let's see the basis on which everything has been done so far. did the theory work in iran's economy or did it not work? if we reach the first theory is that there is a specific theory in the field of land price, we have two types of land price determination, we have the pp model and the polio model . there are many references for this field. we in iran are still discussing these things, really there is nothing wrong with it. we
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have given preferential rates or suppressed rates every year since 1357, without exception . we were able to suppress the rates for only 10 years, that is, from 1980 to 1990, the entire 1980s . don't believe it, you know how much was spent in the 1980s just and... only and only intervention to keep the rate at 800 to 1000 tomans in iran's economy. he is embroiling himself to the whole world, america is afraid of this plan and says, "wow, it is threatening all these countries."
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do you know that this plan, which started in 2008 , is called beltnodio? that is, the belt and road initiative, you know that the total amount of spending that china has spent from 208 to 2021 is scaring the whole world . during this period, we invested 249 billion dollars in iran's economy. which means you, china, with its power, with its resources, for the biggest plan that mr. xi jingping knows his own plan , china's future plan, he knows 240 billion dollars by 2020. we have spent it to fix the width on something with a false illusion, a false idea, and a wrong policy. i said the same ice cubes next to
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the thermometer to put the ice cubes next to the child's mouth, even though he really has a fever. because its profitability is low, because its liquidity is high, and because the expectations for the future of its economy are not positive, i will finish this sentence, i am coming to serve you . it is not positive. this child does not have a fever and this has caused a huge disaster which i will in the next part. i will say that we call it dutch disease in economics. it has caused a widespread dutch disease in iran's economy, which was identified in the world 50 years ago, and countries are careful not to suffer from it. we caught ourselves with our own hands. mr. hassan khani, tell me how much we agree with this statement. let me have my arguments and go a little further, then you will probably reach the point of divorce.
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another issue that should be investigated to answer your question is the issue of horizontal systems. at all, we are you. the world, what supply systems do we have, which systems in which what are the reasons why countries are being recruited and it is being talked about and the policy is being made? today , more than 160 countries are using the peg system in some way , that is, in the case of the stabilization of width , it is being implemented in more than 160 countries. if there is an opportunity, i will enter, if the main point of our discussion is the next issue that i mentioned is that of the sanctions expert. iran is a special country. i will just give an example. in the 4 years of mr. trump's tenure , there have been more than 90 sanctions against iran, and out of these 90, at least 62 have been in the field of money, foreign exchange, banking and insurance. it was commercial shipping until the end, and therefore the country of
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iran should take special measures for it , the next issue for discussion. now, let me tell you something about bri, which he said, first of all, bri has realized about one trillion dollars of investment, not 80,800 trillion dollars , 800 billion dollars, until today, the latest statistics that i have is one trillion, now one trillion, the total amount the investment has been promised. now, the total amount of investment promised according to their documents is 8 trillion dollars, which is 1 trillion dollars later . until the end of 2023, this is the subject of sub-sections i have a request, we don't want to quarrel with each other here, and we don't want to have anything in niad mohsen, we want to talk to each other . i have a request from you and other friends , please don't make comparisons, he was a child, he grew up, fever and infection, and put these stories aside
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. we don't want to step in the shoes of doctors, we don't want to give examples that we get stuck in those examples, the issue of the country's transverse system is a political issue. cross country centenary it is very different with medicine, children, infection, and these stories, and i beg you, there is no need to go into it, you tell the difference, there is no need at all for us to go into issues, for example, to give an example that he wants to bring to mind, the issue is very clear, if we talk about we are talking about width, and horizontal policymaking, and according to your interpretation, suppressing width, and i don't know, you said something else that is not in my mind right now. there is no problem with preference. if we want to talk about width, what width do we want to talk about? first, i will answer them. you see , mr. nasr, we have two types of stabilization we have a stabilization policy in the world. it is a kind of stabilization policy
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based on the power of the central bank . sir, the country of saudi arabia can stabilize . the country of the united arab emirates can . it is supported by gold. it is stabilizing. what do you want to do ? well, i will tell you about this, the point of the uae is that i have foreign exchange reserves, so i can stabilize this issue . allow me to talk about a stabilization, which is caused by an emergency, which means that a country receives a shock. this is what you are saying. mr. al-husseini is there, he says, "mr. rate". the hypothesis of the three-market equilibrium, mr. al-husseini , we have a detailed literature in the detailed literature on the economic environment, in the conditions of imbalance
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, the economies do not swear by hazrat abbas that they will always be in equilibrium, if you want to talk in the long-term field and in the field of equilibrium and so-and-so and so-and-so is another issue. our problem is that when you see the issue should be presented like this, you are in a situation until 2017 until 2016 where we assume that the politician did not know that a mr. it will come out because mr. trump himself when he wanted you if he participates in my election, he said that the first thing i will do is withdraw from the jcpoa, it doesn't matter. now, i don't want to pay much attention to it. you have an environment , you have a macroeconomic environment, in which sanctions are actually an important variable. mr. rouhani came and said that i want to work with some western countries. i need to improve my communication. the conditions of the country are calm. i don't know. foreign investment is coming to an end. well, an embargo happens. in an embargo shock
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, a supply-side shock occurs. i will strengthen people's expectations and make them positive. we do not want to say synonymous statements, but what i said that mr. roger farmer divides economists into categories is applicable here. you should read mr. bernanke's memoirs, just because you are preparing for it, it will take longer when your opportunity is over, and i, because i want justice to be told in my time, mr. al-hassanini, should you also, in order for the conversations to become ping pong it's good to have a conversation . if there is time, i will talk about my own discussions about the literature of this field, about the experience of iran and the two countries if i have the chance, i will answer three important things that mr. hassan khani said. they lock the us dollar
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. in economics, we have something called the impossible triad. in the impossible triad, we say that whenever a country's capital account is open, you cannot stabilize the interest rate and the land rate . you cannot have an independent interest rate exchange rate policy. you can do one of these two. one of these two can do it. those countries that are pegged to the dollar, such as the uae and saudi arabia. they do not have an independent monetary policy, mr. hassan khani. this is their monetary policy, federal monetary policy reserved means the emirates that you mentioned. emirates when the interest rate, the interest rate of the federal reserve in the meeting.
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yes, on the same day, half a unit, 5 percent, 5 hundredths of a percent, they will raise the interest rate, on the same day, at the same time, the central bank of the emirates applies the same policy regarding its own interest. there is no exchange rate when i came to interrupt their words. my point is, can you say this at all? they don't have an independent monetary policy . they give their monetary policy to america. america makes monetary policy for them. you can't do this. do your job, first of all, the enemy of america means to see that those who say these things, by the way , want to completely dollarize iran's economy. this means that dollarization of the economy means that the monetary policy is in the hands of the us federal reserve. this means that there is a dollarization of the economy and monetary policy.
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on the other hand, the uae and saudi arabia have foreign exchange reserves due to the fact that their oil production is 5, 6 and 8 times that of iran in proportion to their population, so they have the ability to do this . i don't care what happens to their other industries, such as tourism and the financial industry. they do the same problem for others their industry is coming. a country with high inflation cannot implement a stabilization policy at all, because the product is available in three markets , and if you want to put aside your reserves , you can do the same thing that happened in iran's economy. i have another question from the other side. i say, well, the stabilization policy that iranian governments always want to do, why couldn't they, if it were possible, sir, you make a mistake in one year, you make a mistake in two years
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, you can't make a mistake in 50 years. if you made this mistake in one year, you realized that you can't continue in the second year . the price is too high to continue in the third year dadi, traitor, if you continued for the third year, you are betraying this country , you are increasing the suffering of these people, so firstly , they do not have an independent monetary policy, secondly, they are completely dependent on america, thirdly , for countries that have large reserves, this is not possible for iran. so the country with inflation. a country whose expectations for the future of its economy are different from the american economy , this country cannot stabilize the price of land at all, but this country can do so by properly controlling the monetary and financial policy, which means by reducing the budget deficit and by controlling the monetary policy, which means with variable the interest rate is the country can do something that the rate of value in the medium
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term. it should be stable, which we didn't do in iran's economy after 1957, we just went to fight and stabilize it with economics , no matter how hard we tried , we ran out of resources . and their blood and bones experienced in 1996 , mr. familton, my elder brother, in 1996, excuse me, in 9. i wrote an article in august or july 2016. at that time, the price of land was 2900 tomans. i wrote it at the same time , sir. the exchange rate according to economic models is now 6200 tomans. if you put 2900, it means you have it. you intervene heavily in the economy and this rate jumps, what happened until the end of 1996 with 18 billion dollars, horizontal interference with 18 billion dollars , pouring money into the economy, destroying
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people's assets, destroying foreign exchange resources in the middle of an economic war with 18 a billion dollars of currency exchange at 3 tomans, keeping it stable in april 2017, it was suggested that it would be 6 thousand tomans, and then it went up to 18 thousand tomans until august, this is the end of this policy. if you agree , let us see a report. pros and cons of the topic we are talking about let's go back, reza. gholami, an economic expert, in a country that has a shortage of foreign exchange resources due to sanctions, it is necessary and necessary to implement the policy of land price stabilization because this country urgently needs to import raw materials of basic goods and medicine. mohammad ghafouri is an expert on the economics of land price stabilization due to the budget deficit to the detriment of production. suppressing the exchange rate makes us have periods of stabilization and growth. dollar rate with

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