Bessent on Iran: I believe that the regime leadership is now hiding the true value of the rial. I think it's through three million, and that's why they've stopped printing the price. I would predict that from March of 2026 until March of 2027, the economy would contract more than 25%, which is more than the Soviet Union contracted after its collapse.
— Clash Report (@clashreport) October 26, 2026
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How can they hide it? If a loaf of bread cost millions.....people notice!