Episode
Why Iran Didn't Become Venezuela
Azad
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2025-08-11
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0 Followers
Javad Salehi Esfahani explains how economic policy choices determine a nation's trajectory during crisis. Venezuela's attempt to maintain fixed exchange rates caused hyperinflation and famine, while proper fiscal responses—increasing currency value—encourage savings and Read more…Javad Salehi Esfahani explains how economic policy choices determine a nation's trajectory during crisis. Venezuela's attempt to maintain fixed exchange rates caused hyperinflation and famine, while proper fiscal responses—increasing currency value—encourage savings and exports while preserving employment. Though sanctions harm economies and pressure citizens, they've paradoxically strengthened Iran's foreign policy resolve rather than changing it. This episode explores critical lessons about managing economic crises, the limits of sanctions effectiveness, and why Iran's response differed significantly from Venezuela's collapse. Close