Episode Details

Irans economy is in shambles, with inflation skyrocketing and the rial losing over 95% of its value against the dollar since 2018. Food prices have doubled, and basic necessities are up 60% on average. Protests erupted over these skyrocketing costs, and the governments brutal crackdown has left many women running online craft businesses without income. Families are feeling the squeeze deeply, with meat consumption halved, branded goods ditched, and vacations skipped. Official data shows a quarter decline in urban household spending in real terms over twenty years, and nearly halved in rural areas. Tensions with the US and Israel linger, stalling any recovery and fueling talk of more unrest as poverty deepens.

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