The rial is a tax. Stop paying it
Money has two jobs: settling transactions and preserving value.
Bistun is a column for thinking about Iran: a home for those who think about the problems and solutions facing Iranians, and a free space where good thought can take form in good words and light the way for good deeds.
Money has two jobs: settling transactions and preserving value.
The recent invitation to Prince Reza Pahlavi from Australia's Coalition (the opposition), and the meeting of Canada's opposition leader with him in Toronto, signal the emergence of a strategic line of thinking in Western countries on the question of Iran.

Director of the Iran Prosperity Project
Saeed Ghasseminejad is the director of the Iran Prosperity Project. He holds bachelor's and master's degrees in civil engineering and transportation engineering from the University of Tehran, a diploma in structural engineering from the Higher Specialized School of Civil Engineering in France, and master's and doctoral degrees in financial economics from Baruch College and the City University of New York. He has worked in the private sector, in academia and at non-governmental think tanks. His notes and opinions have been published in international outlets such as The Wall Street Journal, Fox News, Politico, The Jerusalem Post, Foreign Policy and The Hill.

Adviser to the Iran Prosperity Project
Reza Arab works with the Iran Prosperity Project as an adviser and is a member of the central committee of the Iran Novin party. He teaches applied linguistics at the University of Queensland in Australia, and his university studies span international relations, the social sciences and linguistics.

One of the authors of the Iran Prosperity Project
Dr. Borghan Nezami Narajabad is an Iranian-American economist based in Washington, D.C. Born and raised in Tehran, he received his bachelor's degree in industrial engineering from Aryamehr University of Technology in 2001 and his PhD in economics from the University of Texas at Austin in 2007. From 2007 to 2013 he was a faculty member at Rice University. His research focuses mainly on financial stability, and his papers have been published in leading economics journals. He is one of the authors of the Iran Prosperity Project.