IRINN — broadcast
20260806 110000 UTC
460 transcript segments
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[00:00:17] This Iranian and Islamic identity of ours combined has become a very strong element called resistance, in my opinion.
[00:00:20] Our defensive forces have performed
[00:00:24] very well in this regard. That's why they were forced
[00:00:27] to struggle.
[00:01:20] the enemy has repeatedly struck our beloved Iran, but
[00:01:24] this fruitful tree still stands firm. The secret
[00:01:28] to the steadfastness of these weary people.
[00:01:42] The Central Headquarters of Arbaeen Hosseini, in a statement,
[00:01:46] referring to the end of the great Arbaeen ceremony, considered the widespread presence
[00:01:49] of Hosseini pilgrims to be more than a religious ritual,
[00:01:53] a symbol of the victory of the power of faith over the tools
[00:01:57] of arrogance's war. In this statement,
[00:02:00] gratitude was also expressed for the sincere hospitality
[00:02:04] of the government and people of Iraq. The Central Headquarters
[00:02:07] thanked all servants, Mookeb owners, security forces,
[00:02:10] and relief workers for their efforts in holding this magnificent
[00:02:14] ceremony.
[00:02:16] The Friday prayer in Tehran
[00:02:19] this week will be held tomorrow under the leadership of Hojjat
[00:02:22] al-Islam Haj Ali Akbari at Imam Khomeini Musalla.
[00:02:26] The Tehran Friday Prayer Headquarters has announced that the doors
[00:02:30] of the Musalla will be open for worshippers from 10 AM.
[00:02:33] Also this week, service desks of the Judiciary,
[00:02:37] the Relief Committee, Tehran Municipality,
[00:02:41] the Endowment and Charity Organization, and the Razavi Service Center
[00:02:44] in the courtyard of Tehran Musalla are ready
[00:02:47] to provide cultural and social services to the people.
[00:02:51] هستند.
[00:02:54] The acting Minister of Defense and Armed Forces Logistics
[00:02:58] emphasized that Iran's indigenous technology is superior to any imported system
[00:03:02] in the region. Brigadier General Ibn Al-Reza
[00:03:05] said: "Every day the signs of the enemy's erosion are becoming
[00:03:09] clearer, but the hands of our armed forces, relying
[00:03:12] on the country's defense industry, are full to respond
[00:03:15] to any threat." The acting Minister of Defense
[00:03:18] and Armed Forces Logistics added: "Those who today seek
[00:03:22] to buy security and imported military superiority
[00:03:25] will soon understand that Iran's indigenous technology
[00:03:28] is superior to any system in the region."
[00:03:32] است.
[00:03:35] The Ministry of Intelligence announced the identification and arrest
[00:03:39] of 21 Mossad mercenaries and four armed thugs
[00:03:42] from mischief gangs in Kerman province.
[00:03:46] These intelligence mercenaries were collecting sensitive
[00:03:49] and classified information from military defense areas
[00:03:52] and sending it to this service,
[00:03:56] but in a series of operational intelligence measures, the anonymous
[00:04:00] soldiers of Imam Zaman in the General Directorate of Intelligence
[00:04:04] of Kerman province were identified and arrested.
[00:04:07] The anonymous soldiers of Imam Zaman also identified
[00:04:10] and arrested four armed thugs in the province
[00:04:14] and seized a number of weapons, military ammunition,
[00:04:17] and hunting rifles from them. Also, in continuation of the Ministry
[00:04:20] of Intelligence's decisive action against the active
[00:04:24] and main mercenaries of the December 2020 coup,
[00:04:27] four weapons were seized
[00:04:30] from five armed elements arrested in this coup
[00:04:34] and were
[00:04:36] handed over to the judicial authorities for investigation.
[00:04:40] The Ministry of Information has asked the public to report
[00:04:44] any suspicious cases to the Ministry of Information's news
[00:04:47] headquarters at 11313 or through the official
[00:04:51] channels of this ministry on Eitaa, Bale, Rubika,
[00:04:54] and Soroush Plus at @Vaja113
[00:04:58] with a blue checkmark.
[00:05:02] The Public Relations of the Quds
[00:05:05] Base of the IRGC Ground Force announced the arrest of 8 notorious
[00:05:09] armed thugs connected to terrorist groups.
[00:05:12] According to the Public Relations of the Quds Base of the IRGC
[00:05:16] Ground Force, these thugs, by forming armed teams,
[00:05:19] engaged in creating insecurity and carrying out various
[00:05:23] anti-security actions, kidnapping personnel
[00:05:26] and engineers working in the infrastructure
[00:05:30] sector of Sistan and Baluchestan province, attacking
[00:05:34] patrols and military and law enforcement bases,
[00:05:37] armed robberies, and creating fear and terror in the central
[00:05:41] regions of this province. However, with the efforts
[00:05:45] of the intelligence community, they were identified and arrested
[00:05:48] in several special operations. A quantity of ammunition
[00:05:52] and a number of weapons
[00:05:54] were also seized from these thugs.
[00:05:58] The Attorney General of the country said that the indictment of the case
[00:06:01] of the martyrs of Minab, Lamerd, and Qeshm schools
[00:06:05] will be issued soon. So far, more than 10 documentation sessions
[00:06:08] and declarations of damages related to these crimes
[00:06:12] have been held with judicial officials.
[00:06:16] Scattered children, torn bags, and a
[00:06:19] school collapsed on the heads of students
[00:06:23] and teachers. These are
[00:06:26] part of the document of the child-killing
[00:06:29] American crime in Minab. I don't know what
[00:06:32] this criminal American regime and this child-killing Israeli
[00:06:35] regime saw in this bag to commit such a crime in Minab.
[00:06:39] In this bag, there was a handful of colored pencils for
[00:06:44] The crime was so great that only one shoe
[00:06:48] remained of Macan. When we went there, I saw that everyone's
[00:06:51] wrist, ankle, etc. had been brought forward. Even
[00:06:55] my brother spent two or three hours with the officer, washing these pieces,
[00:06:59] but we couldn't find him. And from other
[00:07:02] students, their memories. One of the
[00:07:05] school teachers came to our
[00:07:08] house and said that all of our school teachers have photos and videos
[00:07:12] of Adrina. girl of the school, the blue-eyed
[00:07:16] girl of the school, behind the house and mosque. She used to go to Quran class
[00:07:19] there. When it was time, they would go
[00:07:23] and spread the carpets.
[00:07:24] کردن
[00:07:27] The child-killing machine has no limits
[00:07:31] for the Americans. Here is Qeshm Island.
[00:07:34] On the dawn of August 8th, 2-year-old Sina, along with his father
[00:07:38] and mother, were martyred by an American bomb.
[00:07:41] What did a two-year-old do for you to hit him?
[00:07:45] We used to play with him.
[00:07:49] Here in this house, the horses were playing.
[00:07:52] Now they've taken them. We used to play
[00:07:55] here or watch TV.
[00:07:58] Here in Bandar Khamir county, in an attack on the
[00:08:02] unfinished bridge of the village of Nimah, a child
[00:08:05] along with his brother were martyred.
[00:08:09] Miran, a one-year-old disabled veteran from Bandar Abbas,
[00:08:12] his mother was martyred in an American attack on the
[00:08:16] Tappeh Al-Akbar neighborhood, and now this child
[00:08:19] is the youngest disabled veteran in the country. He's very restless.
[00:08:23] He always says, "Mommy," as soon as he wakes up,
[00:08:26] he says, "Auntie, let's go to Mommy." I don't know
[00:08:29] what to tell the child. He's always crying.
[00:08:32] میکنه
[00:08:34] The doctor said his condition is not bad, but his hand was badly
[00:08:38] injured. His leg was fine, but his hand was
[00:08:42] very badly injured. His hand was completely
[00:08:46] very badly injured. Now people's eyes are tearful
[00:08:49] from these crimes and their hearts are sad,
[00:08:53] but they stand firm for their homeland.
[00:08:56] They tell America that
[00:08:59] where
[00:09:04] are the children? We are with our
[00:09:07] leader and we will remain so,
[00:09:11] and we will always continue
[00:09:17] criminal. Ben Juri, IRIB News Agency,
[00:09:21] Bandar Abbas.
[00:09:22] بندرعب
[00:09:31] These days, many restless hearts whose destiny
[00:09:34] was not to be present at the Najaf to Karbala walk,
[00:09:37] took their path of devotion towards
[00:09:40] Tus, where the echo of two greetings,
[00:09:44] one destination, has resonated in Mashhad Al-Reza.
[00:09:48] است.
[00:09:51] Here, near the sun and the Shams,
[00:09:55] earth and time seem to be intertwined. O Imam Reza,
[00:09:59] O Gharib-ol-Ghoraba, I ask for permission for Karbala. My Lord,
[00:10:02] I have come to receive my Karbala from you. It doesn't
[00:10:06] matter where you stand in this vast courtyard.
[00:10:09] Peace be upon you, O.
[00:10:13] Everyone has one goal: their hearts beating
[00:10:17] with the rhythm of Hussein (peace be upon him).
[00:10:20] We, the left-behinds of Imam Hussein's shrine,
[00:10:23] couldn't go to the first one.
[00:10:55] I came to visit, to greet two masters: one, our kind
[00:10:58] and merciful master Ali ibn Musa al-Reza, and the second,
[00:11:02] my martyred leader. What prayer do we make? Certainly, the victory of the fighters
[00:11:06] of Islam, the victory of my country, and Mashhad al-Reza, the throbbing
[00:11:09] heart of Iran, is Imam Hussein. A heart
[00:11:13] that beats forever with the love of Velayat.
[00:11:16] Seyed Toktam Seyedi, IRIB News Agency,
[00:11:19] the illuminated shrine of
[00:11:22] Razavi.
[00:11:25] A review of a few short domestic news items:
[00:11:29] The head of the customs office announced the extension of the resolution
[00:11:32] on customs facilities in emergency conditions
[00:11:35] by order of the First Vice President until the end of Shahrivar. According to Mr.
[00:11:38] Askari, all traders and merchants can,
[00:11:42] according to the directives issued to customs offices, use
[00:11:45] these facilities to accelerate and facilitate the clearance of goods.
[00:11:49] کنند.
[00:11:55] The Deputy Minister of Welfare of Cooperatives, Labor, and Social
[00:11:59] Welfare announced the charging of commodity card accounts
[00:12:02] for 40 million citizens and said that families under
[00:12:05] the coverage of support institutions and holders of national
[00:12:09] ID codes ending in 0, 1, and 2 can
[00:12:12] start their commodity card purchases.
[00:12:14] کنند
[00:12:21] The General Conscription Organization of FARAJA in a statement, denying
[00:12:24] rumors in cyberspace titled
[00:12:27] "Exemption of Deserting Soldiers," announced that those service personnel
[00:12:31] who for any reason have not completed their military service
[00:12:35] must clarify their military status through their service unit,
[00:12:39] and no new exemption has been considered for them.
[00:12:43] نشده
[00:12:44] است
[00:12:49] And the dates for the deferred final exams in four southern
[00:12:52] provinces of the country were announced. Based
[00:12:56] on the name of the Supreme Examination Headquarters of the Ministry of Education,
[00:13:00] these exams will be held on Saturday, August 17th, and Tuesday, August 20th.
[00:13:03] Applicants for receiving their exam entry cards
[00:13:07] must refer to the Ministry of Education's system by 8 PM
[00:13:10] tonight at the latest.
[00:13:12] کنند.
[00:13:16] Specialists from a knowledge-based company succeeded
[00:13:19] in designing and localizing a new
[00:13:21] generation of breathalyzer devices.
[00:13:25] This product, which costs one-fourth of its foreign counterpart,
[00:13:29] detects the alcohol level in people's bodies
[00:13:32] in a few seconds. Now,
[00:13:36] this is the same foreign model that was used in forensic
[00:13:39] medical centers and it broke down. Sometimes, a breakdown
[00:13:42] can be the beginning of an invention. It would remain in the drawer, but
[00:13:46] with the action we took, even these foreign devices
[00:13:50] that break down, we can repair them ourselves.
[00:13:53] تعمیرش بکنیم.
[00:13:55] It was completely reverse-engineered. Yes, it was reverse-engineered.
[00:13:59] When sanctions caused imported breathalyzers to fall
[00:14:03] short, Iranian specialists
[00:14:05] breathed new life into the production of a product
[00:14:09] with more capabilities through reverse engineering. One of these devices
[00:14:13] that exists, they came, researched, and through their dedicated efforts,
[00:14:17] they came to the conclusion that we can produce this device ourselves.
[00:14:20] From this idea, we thanked God. The valuable event that occurred
[00:14:24] was that
[00:14:26] when we identified this need, we went about producing
[00:14:30] and localizing this device in the country. Now
[00:14:33] we are talking about an alcohol tester that, after two years of research
[00:14:37] and development, has received both a license
[00:14:41] and an upgrade compared to the original sample. This product, in fact,
[00:14:44] through the follow-ups that have been made, has been able to receive
[00:14:48] its license from the Vice Presidency for Science and Technology.
[00:14:51] Well, the price of this product compared to its foreign counterpart
[00:14:55] is less than one-fourth. It has the ability
[00:14:57] to store over a thousand tests.
[00:15:01] Also, in fact, initially, when we wanted
[00:15:04] to calibrate our devices,
[00:15:07] it took about 4 days, but now we can
[00:15:11] do the work on our device in less
[00:15:13] than an hour. Only a few seconds
[00:15:17] are enough to blow into this knowledge-based product. By blowing
[00:15:21] into the mouthpiece,
[00:15:26] it takes less than 20 seconds for the final
[00:15:29] blood alcohol number to be displayed on the screen,
[00:15:33] and now this Iranian product is in the hands of the police
[00:15:37] to prevent irreparable driving accidents.
[00:15:40] Blow hard.
[00:15:43] Blow hard. 1, 3,
[00:15:46] 4,
[00:15:51] 5, 58 milligrams
[00:15:53] of
[00:15:57] alcohol in the body. Tayeb Kargar, IRIB News Agency.
[00:15:59] سیما
[00:16:02] The President, in a message, expressed condolences on the passing
[00:16:05] of the mother of the martyrs and the esteemed Lady Adami.
[00:16:09] He said, "Haji Khanom Robabeh Fallahzadeh, a patient
[00:16:12] and resilient lady, who joined her martyred children a few
[00:16:16] days ago." In December 2007, the Supreme Leader met with
[00:16:19] this mother during his trip to Yazd.
[00:16:23] In one of the old neighborhoods of Abarkouh county,
[00:16:26] I know a mother who, like
[00:16:29] all mothers, loved her children. If
[00:16:33] a person has 20 children, they still love
[00:16:36] one of them. But when the enemy attacked
[00:16:40] our homeland, first our son
[00:16:43] Abdolrahman was martyred, then Hossein.
[00:16:47] Two of her children said
[00:16:49] Muhammad,
[00:16:55] you have God. Three of her children were martyred
[00:16:59] in the 8-year defense. O Allah, bless
[00:17:02] Muhammad and the family of Muhammad. It takes a lot of heart
[00:17:05] for someone to say and for me to hear. It's no joke.
[00:17:09] I raised a child with a lot of heartache.
[00:17:11] Easy to rock
[00:17:15] in the cradle. Ali, keep
[00:17:19] my fast. When
[00:17:22] you left,
[00:17:26] you made me lonely.
[00:17:29] Every mother and father has many dreams for their
[00:17:33] children. We had someone who made a deal with God, not with people.
[00:17:40] The Supreme Leader met with this mother
[00:17:44] during his trip to Yazd. Very welcome.
[00:17:46] آمدیدش
[00:17:49] May you be well, sir. Very eager to meet you.
[00:17:52] We had many wishes.
[00:17:56] A few years later, this mother was also invited
[00:17:59] to meet the Leader. She passed away. Yes,
[00:18:03] meeting the Leader, he leaves me with
[00:18:06] recognition. He explained,
[00:18:09] he said, "Do you remember when I came? I didn't have
[00:18:12] time for electricity." I said, "Yes,
[00:18:14] you spoke to me, and I spoke back to you." A mother who prayed
[00:18:18] every day for the children of this land.
[00:18:22] "O God, every young person who has a wish,
[00:18:25] God willing, it will be fulfilled." A few days
[00:18:29] ago, she joined her martyred
[00:18:31] children.
[00:18:34] The mother of three martyrs has given everything she had.
[00:18:37] In our country, our nation, what was the greatest thing you learned from this mother?
[00:18:40] Love for Imam Hussein and Karbala of Imam
[00:18:44] Hussein. O God, I am pleased. This Karbala, this me,
[00:18:48] and this army, and this Karbala. This maternal love was for
[00:18:52] us, for Iran, a lasting love
[00:18:55] that keeps every human being alive and awake.
[00:18:58] Kazem Dehghani, IRIB News Agency,
[00:19:02] Abarkouh county.
[00:19:04] ابرکوه
[00:19:06] The Meteorological Organization has forecast scattered showers,
[00:19:10] thunderstorms, and strong winds for tomorrow
[00:19:13] in some coastal areas of the Caspian
[00:19:16] Sea, North Khorasan, and the central Alborz mountains.
[00:19:20] Ms. Izadi, a meteorology expert, will provide
[00:19:23] more details. In the name of God, I greet
[00:19:27] you, dear compatriots. I would like to inform you that today we are witnessing
[00:19:31] rainfall in the southern coastal areas of the Caspian
[00:19:35] Sea for the provinces of Gilan and Mazandaran, as well as
[00:19:38] the central Alborz mountains. In addition to these areas,
[00:19:42] rainfall is also expected in the central Zagros mountains.
[00:19:46] Tomorrow, Friday, the rainfall will extend
[00:19:49] to Golestan and North Khorasan provinces, in addition to
[00:19:53] Gilan and Mazandaran. We are also expecting rainfall
[00:19:56] in the central Alborz mountains, as well as the central
[00:19:59] and southern slopes of the Zagros mountains.
[00:20:03] We expect the rainfall in these areas to be in the form
[00:20:06] of thunderstorms. On Saturday, these
[00:20:10] rains will only occur in Mazandaran province
[00:20:13] and the central Alborz and Zagros mountains.
[00:20:17] We expect that in the next three days,
[00:20:20] the wind speed will increase in the northeast, eastern,
[00:20:23] and southeastern parts of the country,
[00:20:27] as well as the central regions. In these areas, strong
[00:20:31] winds will cause dust, reduced air quality,
[00:20:34] and reduced visibility.
[00:20:50] In the name of God, hello. The Minister of Sports
[00:20:54] and Youth arrived in Baku this morning.
[00:20:57] Ahmad Donyamali, at the official invitation of the Minister
[00:21:00] of Sports of the Republic of Azerbaijan, and with the aim of developing
[00:21:03] bilateral cooperation, strengthening sports diplomacy,
[00:21:07] and improving relations between the two countries in the field
[00:21:10] of sports and youth, entered the Republic of Azerbaijan
[00:21:14] via the Astara land border. The signing of the executive program
[00:21:17] document for cooperation between Iran and the Republic of Azerbaijan in the field of sports
[00:21:25] in this country is one of the most important programs of Mr. Donyamali's
[00:21:28] two-day trip.
[00:22:10] New scandal for FIFA president: the World Cup final
[00:22:13] promised by Infantino to Morocco.
[00:22:17] The Times newspaper, in a new
[00:22:20] exposé, unveiled a new FIFA scandal
[00:22:24] and wrote that Infantino, who is doing everything
[00:22:27] he can to maintain his presidency these days,
[00:22:30] after losing the support of many football federations
[00:22:34] around the world and not receiving a green light from the White House,
[00:22:37] went to Rabat last night and, in an emergency
[00:22:41] meeting with senior FIFA officials, promised
[00:22:44] Moroccan football officials that in exchange for their support
[00:22:47] for him to remain in his position,
[00:22:51] he would give them the hosting of the World Cup final.
[00:22:54] Mundo Deportivo also confirmed this and wrote
[00:22:58] that the FIFA president, in order to maintain his presidency,
[00:23:01] intends to give the World Cup final to Morocco as a bribe,
[00:23:05] even though the Bernabeu stadium
[00:23:08] had previously been named as the host. In this situation,
[00:23:11] the two left-wing parties, Sumar in the Spanish Parliament
[00:23:15] and Livre in Portugal, due to the migration crisis
[00:23:19] in Ceuta, one of the cities under
[00:23:22] Spanish control in North Africa, called for Morocco's
[00:23:26] disqualification from hosting the World Cup. A crisis that
[00:23:30] not only caused widespread political reactions in Europe,
[00:23:33] but also affected the World Cup hosting bid.
[00:23:37] The World Cup is scheduled to be co-hosted by three
[00:23:40] countries: Portugal, Spain, and Morocco.
[00:24:09] of this news section.
[00:24:12] The people
[00:24:15] of Iran are the cause of the enemy's defeat. The President,
[00:24:18] in a televised interview with the people, said that in the face
[00:24:22] of the enemies' conspiracies, all people are united
[00:24:25] and in solidarity.
[00:24:30] Today, Iran is recognized
[00:24:33] as a powerful and highly respected
[00:24:36] country.
[00:24:38] بریم.
[00:24:41] The creation of a common market is on the agenda of the Eurasian
[00:24:44] Economic Union meeting. The Minister of Industry, Mining,
[00:24:47] and Trade highlighted the potential of Eurasia.
[00:25:27] And the protection of children from the dangers of cyberspace.
[00:25:30] The Indonesian government deactivated the accounts
[00:25:33] of 5 million underage users.
[00:25:36] کرد.
[00:26:16] In the name of Allah, the Most Gracious, the Most Merciful. My dear compatriots, good people of Iran, hello.
[00:26:20] You are very welcome to watch today's Economic Desk.
[00:26:23] Our topic is a very important one and has a very
[00:26:27] broad scope. I invite you to definitely watch today's Economic Desk.
[00:26:31] We want to talk to you about inflation
[00:26:35] and discuss solutions to control inflation
[00:26:38] in this program. I know many of you are dealing
[00:26:42] with this inflation in the country. Certainly, many times when
[00:26:46] you go shopping, you are surprised by some
[00:26:49] prices. Some days, compared to the previous weeks
[00:26:53] when you did your shopping, prices have changed a lot.
[00:26:56] Well, part of it is due to the country's wartime conditions,
[00:27:00] but another part is due to a series of problems
[00:27:04] that have existed in our country's economy for many years
[00:27:08] and have not been resolved. It has constantly
[00:27:11] started to re-publish the same inflation that
[00:27:15] we have. We feel it in our flesh and blood,
[00:27:18] and in any case, the government and officials of the country
[00:27:22] must find a solution so that
[00:27:25] at least if we cannot currently improve inflation,
[00:27:29] we cannot correct its indicators, at least we can control
[00:27:33] it from this situation of constantly rising prices,
[00:27:36] which we all see, so that people can breathe a sigh of relief.
[00:27:40] Today, at the Economic Desk, with the help of economic experts,
[00:27:43] we want to discuss inflation control and its solutions.
[00:27:47] I invite you to definitely watch today's program. In
[00:27:50] the studio, I am hosting Dr. Farhad Beyashad Lavasani,
[00:27:54] an economic expert. us by phone
[00:27:57] from among the members of parliament,
[00:28:00] who is also an economics professor, and I will introduce
[00:28:04] him to you in due course. Let's go to the main
[00:28:08] topic of the program, which I think
[00:28:11] today, if you cooperate, we might be able to suggest
[00:28:15] some solutions to the government so that they can
[00:28:19] have some impact on the inflation process. Hello, Dr. I welcome you.
[00:28:23] Thank you for the time you have given us. I hope
[00:28:26] that we can present useful information to you
[00:28:30] and our dear viewers. When
[00:28:32] we usually talk about inflation, it becomes more academic
[00:28:36] and theoretical, which, with the current processes
[00:28:40] in our country, the issues that exist in our country,
[00:28:44] its compatibility is less. First, let's go to the most important
[00:28:47] factors that have created inflation in our country
[00:28:51] and made this inflation chronic. What are these factors, Dr.? In the name of Allah, the Most Gracious, the Most Merciful.
[00:28:55] Look, what is defined in academic terms in the overall
[00:28:59] schematic is that inflation has two main
[00:29:03] roots: one is inflation from banking issues, banking
[00:29:07] and monetary inflation, and the other is financial inflation.
[00:29:10] This is the part. But when we pay attention,
[00:29:13] even if that banking inflation is inflation resulting
[00:29:16] from banking issues, that also goes back
[00:29:20] to the structural issues of the economy, just as the second part
[00:29:24] was related to the structure of the economy. This inflation that the structure has created
[00:29:27] has given birth to monetary inflation. Yes, let me say something
[00:29:31] about inflation. The first indicator that comes to people's minds
[00:29:35] is the exchange rate. They think about how much the dollar
[00:29:39] has become, and based on that, they say, "Well, all prices
[00:29:42] will change based on that, go up or down." And these thoughts exist
[00:29:46] in society. But I must say that what
[00:29:50] exists in the core and reality of the economy
[00:29:53] is actually the outcome, the result of what
[00:29:56] the exchange rate is. It is the result of what
[00:29:59] is happening and ongoing within
[00:30:03] the economy. In an analogy, I want to say that the exchange
[00:30:06] rate is like a patient's fever. When a patient's
[00:30:10] fever rises above 37,
[00:30:13] 38, 39, 40 degrees, a present doctor
[00:30:17] never tries to superficially lower the fever,
[00:30:21] just as in economics, no one should try to
[00:30:24] lower the exchange rate to improve
[00:30:28] the economy of society. No, that's not how it is.
[00:30:31] You, a skilled doctor, someone who goes
[00:30:35] and eliminates the infection inside the patient's body,
[00:30:39] you must fight the infection
[00:30:42] and eradicate its root so that you can lower the fever.
[00:30:46] You can artificially put a 39-degree fever
[00:30:49] in a tub full of ice, and the temperature will drop,
[00:30:53] but as soon as this patient steps out of the tub,
[00:30:57] because the reality is a high fever, it will go to 40 and 41.