Inflation, Economic Crisis, and the Silent Collapse of Iran’s Middle Class

The state-run Khabar Fori website wrote on May 22 that the phenomenon of “poor billionaires” has become one of the latest signs of the economic crisis in Iran. Economists say the uncontrolled rise in asset prices, alongside the collapse of people’s purchasing power, has created a society in which many citizens appear wealthy on paper […] The post Inflation, Economic Crisis, and the Silent Collapse of Iran’s Middle Class appeared first on Iran Focus.