scattering in the economy, destroying people's assets , destroying foreign exchange resources in the middle of an economic war with 18 billion dollars, spreading the width at 3 tomans , keeping it constant in april 2017, it was proposed to be 6 thousand tomans, and then up to 18 thousand tomans until august. that's it. if you agree , let's see a report together. my colleagues in the bankomi group are preparing a review of the opinions of supporters and opponents and 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 stabilizing the exchange rate, because this the 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.

the dollar rate should be formed in the land market with supply and demand. hadi khajovi, economic expert. momentary and short-term decisions have seriously bothered the country's economic activity. the stabilization of the exchange rate can make the economy predictable and the economic operator can plan a three- to four-year economic plan for his business. width stabilization policy it is a good policy, provided that the policy maker has a side view of the free market. drodian , a university lecturer and economic researcher, when the supply is cheap, it means that imports are good, but in fact, the pleasure is short-term and ultimately weakens the structure of the economy . land price stabilization is destructive for the economy of the production sector and the real sector. mehdi nosrati, a university lecturer and economic researcher, at the current stage, the policy of stabilizing the exchange rate is the right policy and should be continued. the current government has achieved two major goals in the field. the economy

has firstly reduced inflation, restrained inflationary expectations, and secondly provided the basis for financing and capital the foreign investment of not stabilizing the width can ruin these achievements, samii , the former head of the saqrafan center, the mandated stabilization of the land price for the long term or even the medium term is neither possible nor even useful, and never in a situation where the inflation rate in our country is more than 10 times. in the countries of the dollar zone, it should not be from above. the price of the currency should be prevented, and one should be careful that this price increase is not accompanied by turbulence and fluctuations, synthetic and mandated prices will not be stable, well, we have seen the report together, mr. hassan khani, do you think this stabilization policy, which mr. al-husseini mentioned in terms of their own trouble if you list its disadvantages, do you think this stabilization policy is completely wrong or should it continue?

let's fix it or anything else, i haven't finished my introduction yet, you can continue with the rest of your introduction , the program will end, well, i'll be very brief , see , i had an attack on myself, i had an attack on them, well, naturally, look at it this way, the issue is very complicated, the issue is simple it is not that they say that we should stabilize the country with monetary policy , the issue is not the right issue, that is, this sentence is not the right sentence, the same monetary and financial dotashm is not right. the reason is that the monetary policy is the demand side policy. when you have a shock on the supply side to the supply side, you cannot fully cover it with the demand side policy. this is the problem with the model, which mr. olivier blanchard said in an article in 2017 about economic models. they are divided by five hands. i have a question for you. with which economic model are those five categories

? we have a series of models called "toy models " like the islam model . we don't like that other models are foundation models there are basic models, a series of models are blind models, a series of models are forexcasting or forecasting models, and a series of models are policy models . i don't want to have a dispute about their results , i want to have a complaint about the modeling literature in iran's economy, maybe i will raise the main question of the program, at your service, in your opinion, we should stabilize the exchange rate and mandate or not. the invitation program is not strict. i agree with the stabilization policy. implementation of the stabilization policy i'm not. now i'm telling my reason. in a country where the policy of fixation is to be created and implemented as a matter of urgency, the policy of blackmail is like a ticking time bomb.

it's like a ticking time bomb. you, of course, have a verbal sharing of what happened. what we have seen over the years is basically not a stabilization policy , it was not a stabilization policy at all. here in iran, there are flowers and nightshades and there have been many very good stories . after 57, everything is completely messed up . no, it was not like this. in iran , there is no such thing as the policy of taseb based on the definition in the economic literature. what does taseb mean, sir? one put the rate in the middle and announce the other rates informally . vaisa and homonu explain what we are seeing now , what does anchoring policy mean

, sir? let this shock be absorbed by the economy, with whatever effects and consequences it has, let it be controlled, let its effects be reduced, and then i will think of a solution. when a head of the central bank comes and says, sir , i want to give 28,500 from today, he doesn't say that i want to give all goods, that happened once. the servant of god who said 420 days later came to correct his mistake, of course, not to correct it, but not because i want to confirm it. i believe that share's policy was wrongly introduced, wrongly continued, and wrongly deleted. if there is a chance, i will give the explanation . i will give the political explanation.

basically, we don't have anything called stabilization in this way. stabilization has a specific definition. if it's just this policy, whatever it's called, whatever the friend is, whatever the name is , there's a rule. the rule is that, sir, when you say, i want to i have to give a preferential rate for some goods specify those goods, which goods, which list of hss do you want to show him in july 140, and it was announced that in july 1401, the list of hss came out that we want to give them, sir , this is my mistake with this policy that i don't agree that it should be implemented in this way, but i have a suggestion in order to attract the sugar anyway

, we will reach out to you, mr. al-hasnini, mr. hassan khani , they say that this is basically not stabilization at all, which you pointed out, see, i will answer myself , what is the relief policy? you are somehow right and... because stabilization policy, now i know what it is at all it is not applicable in iran's economy, the stabilization policy will be enforced, that's what mr. hassan khankhani himself said, the economy is not a game, it's not about sitting there in the room and thinking that i'm going to say, sir, how should we determine the rate, everyone is this stabilization policy, according to my opinion. we are uae, like the uae, we put a thousand toman currency at all. why is a thousand toman an economy that doesn't work like this , which is why iran's policy makers, by the way, mr. farzin is right, mr. farzin's policy is advancing the stabilization policy, and it is wrong, why is it wrong, why are they that policy has another name

langer says that because you want to stabilize the policy of the executive branch, it will become an executive model, which is what mr. raisi's government has now, mr. rouhani's government , mr. ahmadinejad's government, mr. hashemi dutt's government. the government of mr. khatami , the government of mr. mirsin mousavi, all of them, all of them are implementing the same policy, because they came to them, they said, sir, we will stabilize , we will move forward, nothing like this has been destroyed, where is the point of kekte , the point is that every time, in order to answer your question, we we couldn't do this when our supply reserve rate was exhausted, like during mr. hemti's period, and this necessarily means thirty policies. it was not us, we are without politics, we don't have politics , we are not policymakers , we don't have politics, which means we don't have politics, in the sense that whenever oil goes up, iran's exchange rate is strengthened , we actually strengthen the real price of land, whenever

that means it causes the price we keep the nominal width constant whenever the width income. we don't have it for any reason . now, the reason is either the sanctions or the drop in the price of oil . for any reason, our income is going down . we have no choice. as a result, we are not politicians who let oil make policy for us. naft is making policies for us, this is the end of this policy now, i want to say that in order to move the discussion forward, mr. hassan khanio , i will say that mr. iran is embargoed, and you are saying that it is the supply side . i want to talk about your words in ten points. i want to tell you the truth, i want to tell you the truth, john, is it only us who are banned? yes. no, russia is not sanctioned , russia is not at fault, russia, what happened in russia

, what is wrong, tell me , what happened in russia was that russia was sanctioned, before the sanctions in 2015, the supply shock hit them in 2022 sanctions were severe in terms of the severity of sanctions in many sanctions. it is stronger than iran because of the sanctions that were imposed on iran, i have a chart showing the severity of russian sanctions , the number of sanctions, you should reduce the severity , and the number of sanctions that have been imposed on russia in many areas. for example, if russia had sanctioned 1000 companies, iran had 500 companies , we are not talking about the number of companies, we are talking about the number of sanctions in different fields . what happened in russia what happened, what happened in russia is that

russia acted the opposite of iran, russia had a policy , russia controlled its monetary base , raised its interest rate, that is, it adopted an active monetary policy . what did we do? what did we do? what did we do? we came , let me tell you, we came and fixed the interest rate. we kept the interest rate constant because of our budget deficit. right now , the structural budget deficit of the 1402 budget is 1100 thousand billion tomans. one third of your budget is a deficit, and then we expect what we did next in this economy. we said the rate we will fix the currency, russia, i said those two , the product market

, the capital market, the russian money market, he came, let me finish this, then i will be at your service. like us, they don't want to loot currency resources. if it fluctuates, it will fluctuate, but you also lost your currency reserves, mr. hassan khani. well, i agree with part of their forgetfulness that we are politicized and politicized. we are not and we don't have the right tools for policy making, this is the case and

they say rightly that we should do this, in fact, no, we should make policy beshim, in the strict sense of the word, we must follow the philosophy of the leadership's orders, which say that we should stay away from oil. this is a forgiveness, and it is true. there is only one point in the previous part of your order regarding chahar and disti, which you said, and you said it was not stabilization. and 20 it was said that we give 420 to all goods to all people for everything, which is certainly wrong. for a country that has an empty treasury, it cannot be done in any way. we were not connected to the unseen treasury when such a statement was made. it was 3 months from july to the beginning of july. in fact, this story was reduced to 25 in the fall, the item of goods changed again to 7 items worth about 18 billion dollars in may of the following year . was this right or not? you know why it is wrong. now i will explain. if you want to announce a policy, first of all, the policy must have a time horizon. how long do you want to do this? it should be stable. every day

, sir, i will do four times today. tomorrow, i will do three times. yes, the point is this. no , i will explain now. allow us, i'm right, i'll tell you, look at russia, because you're opening the debate and jumping you know, i have a lot to say about russia. there is a lot to say . russia took at least 14 actions. about a day after the attack and sanctions , the ruble-to-dollar parity rate returned to the same 80 as russia did when it sanctioned 645 billion. basically , the sanction tag is different from ours, russia has never been a secondary sanction , but you see in iran, sanctions are secondary sanctions, not a different thing, there is no problem, what should be done, i will send you the 14 actions

, he does not want to take the most important action, the problem is this in the field. difference. comparison of countries before to talk about russia at all , i invite you to literary review the literature on foreign exchange intervention in countries. we have a country called hong kong , we have a country called china, we have a country called indonesia , countries like malaysia, these are all the literature on intervention , they have scientific literature on interventions. it cannot be denied , sir, that intervention in the field of foreign currency exchange is doomed to failure. yes, i agree with you. do you accept the land or not? this word, this question is not a precise question . you see, governments can never govern the country in a non-mandatory manner and with grace and tenderness. governments usually rule. governance is either by order

or by design, mechanism, mechanism, design. i am persian. do one of our criticisms is that in our government, in our governance structure , there is a weakness in the design of the mechanism, and we are forced to intervene by order. this is a true weakness. that's right, that's right, you have to design one make a mechanism that can absorb the shock as much as possible , absorb the shock on the supply side. the policy that occurs in the conditions of the supply shock caused by the embargo , the horizontal anchor policy, this policy is the right policy, what does the policy maker say, mr. people, in a country where 80% of your goods are imported, you

have the experience of removing the land of 420, people who know when the land price is 420 roubles. do you know the food inflation in the month of inflation of the whole economy in the month of 11 , food inflation is something like 8%, you are telling me how much was the month similar to may 1400, and 1401 is correct. the width of 420 has not been removed. how much inflation and total inflation have increased from month to month. what you are hiding is that the jump in the inflation rate after the removal of the terjir width is not there. i am not saying that it is not, no, the statistics center says that it has gone up so much. yes, 1401 , how much has it gone up in the same month? 141,1400 in the same month, how much has it gone

up, not the same month of ardi behesht, the month that the supply has gone up, see how much it has gone up. that's it.

no, it started in 5 minutes. no, 5 minutes. the time is very good. now, please, if you want, i don't . look at mr. al-husseini's point when you say the width. let us do what telat should do, no , i'm not saying that he should destroy me, sir, nor are we saying that he shouldn't, if he is the anchor, the anchor is the anchor of the monetary and financial policy. credit, not you , i mean the policy makers doing what the central bank is unreliable, we have high inflation, the central bank cannot anchor the interest rate to the economy, the nominal rate will anchor the economy.

see, from the basis of this theory , it is based on something that is not in your hands, not in your resources, as you say.

show it is good, but this diagram shows that look at the red of argentina, still the interest rate of the real exchange rate in argentina, despite all

the reductions that have been given, despite all the increases that the land rate has had, again, no , look at the real interest rate, the real interest rate is much higher than brazil and turkey, while what this shows is that the peso should be devalued right now, that is, the rate that was set is wrong, it is obvious that the unofficial rate will jump again, argentina should have done what china did, this is what china has done, if they show this look at what china has done . in 1994, what china did came to show the price of land he jumped the official and settled on his policy, even though the same thing happened in china in the beginning, but china practiced its policy and brought the rate with the theories that i presented, that is, i should present the rate with the pp theory and look at the monetary theory.

do it right now, as i said, mr. hassan khawani , you should tell me the price. if we accept, we will only pay the price. no, you are right. but if it is not accepted, you will say the price. the same rate, if we compare it with the fundamental variables of the economy, whether with pp, with rates, or with the monetary model both of you, if you have another model , please introduce it, there is no problem, look for iran, this model shows that the real rate for iran now , the correct nominal land rate, that is, the dollar rate around it , is 50,000 tomans. i can see that there are 27 oil producing countries

. you say very simply . let me make a point. you say, sir , take this official offer rate and stick to the unofficial offer rate . whatever you want, you say , do this. i say, ok, i did this. where is this rate? it goes as far as it goes. it goes up as far as it goes. it is good for you as far as it goes how satisfied would you be that this rate should not go up? this is the point, mr. hassan . the point is that the rate should not go up. if you act like china , it will not go, but if your inflation continues like argentina , the political policy

of one macaron is only at the top!

with greetings again , we inform you, the esteemed viewers of the news at 16:00. the former prime minister of the zionists said that a dark and hopeless atmosphere has prevailed in israel. ehud barak referring to the death of 24 soldiers.