Google Cloud Speech-to-Text API (Chirp) + Gemini 2.5 Flash Non-Thinking. Treat it as a searchable index of what was broadcast, not a quotation record.
00:00:00You yourselves, Mr. Pezeshkian, exclude him, in
00:00:04my opinion, even among his respected ministers, except for one or two
00:00:07cabinet members, because some of them might not even be ministers.
00:00:11Those who are seriously working, I haven't seen the rest
00:00:14of them. For example, Iran hasn't taken a war stance.
00:00:18Your judicial branch hasn't taken it.
00:00:21Your parliament members haven't taken it. Here, let's say we launch missiles in the morning.
00:00:25With drones and missiles, they
00:00:28will come after us. Every day, you can take the hand of an importer
00:00:32of a luxury item, take them to a minister's
00:00:35office, and say, "Sir, give this an exceptional permit," and the minister
00:00:39will give it. If the minister gives it, why
00:00:42does he give it? Please
00:00:45ask him.
00:00:48This is exactly what, in fact, in wartime conditions, we
00:00:51basically don't have a wartime position. Sir, I believe
00:00:55that other than our armed forces, we have no war posture
00:00:58in Iran. And the
00:01:01criticism I make to my friends who keep saying, "Sir, they complain,
00:01:05why don't we reconcile?" because when the American side
00:01:09doesn't want to reconcile, now you keep saying, "I want to reconcile." This only means
00:01:12sending a sign of weakness, but the criticism
00:01:16I have is that when you say why don't we
00:01:20reconcile, you are actually raising a
00:01:23duality where one side is pro-war, and this
00:01:26side is pro-reconciliation. And
00:01:32we ourselves forget that Iran's fundamental problems
00:01:35all date back to before the war, including this liquidity
00:01:39growth rate. We broke Iran's inflation record
00:01:42in 1302.
00:01:45Did you notice? And from the
00:01:49middle of 1403 onwards, Iran's economy
00:01:53has been out of breath. You
00:01:56know, this is an interesting point that economic growth in the first
00:01:59quarter of 1404 was
00:02:02negative. In the second quarter after the 12-day war, it became
00:02:06positive.
00:02:08Sir, after this 12-day war, our growth has been positive. Yes, in that second quarter.
00:02:12Yes, meaning a little seasonal, seasonal growth.
00:02:15Bravo! And a little
00:02:18bit now, you can also do this with coherent
00:02:21policies. We have created an institution. The
00:02:25martyred leader created an institution called the Heads of Powers.
00:02:29These Heads of Powers
00:03:00I would ask you that if you create, I don't want to dissolve you.
00:03:03Hundreds of thousands, millions of depositors,
00:03:07I don't want to throw them into the streets, because we don't want a revolution, we don't want
00:03:10to overthrow the regime. We want to provide solutions. Your CEO
00:03:14will be replaced. You know that the legal authorities exist
00:03:18in Iran. Who should replace him? The Minister of Economy, the Governor of the Central
00:03:21Bank. The Minister of Economy, if a bank commits a violation, we can appoint
00:03:25a board of directors selected by the government, which is what
00:03:27was done for private banks without
00:03:47Look, what did I tell you? I told you to tell the esteemed bank, "Sir, don't create new imbalances,"
00:03:50because you will go bankrupt very much.
00:03:54No, because some of these, if they don't create new balances, they won't go bankrupt.
00:03:58Theft will be stopped.
00:04:30Look, this statement is from one of the esteemed former governors
00:04:33of the Central Bank of Iran. He is also
00:04:36my friend, a very respected man and an expert.
00:04:39That means he is not political or factional.
00:04:42He says that 40%
00:04:46of the assets of Iran's banking network are illusory. What does "illusory"
00:04:50mean? It means collateral
00:04:53that has no external existence, collateral that is fake.
00:04:57you gave to the other party, and what kind of promissory note?
00:05:00You know, in the sacred system of the Islamic Republic, it is only good for wallpapering
00:05:04public restrooms. It doesn't do anything
00:05:07else. Sir, Sir, on the
00:05:10level. It works on the level.
00:06:12The capitalist government of Britain, the birthplace of global
00:06:16capitalism, nationalized all banks in 2009
00:06:19and 201. And we still don't use this solution.
00:06:23Why? We did it once at the beginning of the revolution. No, no, now,
00:06:26actually, the first solution saved Iran completely.
00:06:30Bravo! Our
00:06:33liberal friends now refute this. They consider
00:06:36nationalizing industries and that was a very
00:06:40wrong thing. Look, these banks, let me ask a question. No, no, Mr. Kharab.
00:06:43These banks' owners, the banks' owners,
00:06:47were the same as the factory owners. Now, the laws have become
00:06:50clearer. The bank itself borrowed for its own factory, or it planted seeds in the morning
00:06:54and harvested them in the evening. I haven't seen such fast agriculture in the history
00:06:57of Iran, in the history of mankind. Fertile land
00:07:01borrowed from itself, gave to itself,
00:07:04and took it out of the country. With the loan it took, it bought another bank,
00:07:08and borrowed again. This happened.
00:07:11And as a result, what happened? Before
00:07:14the revolution, factories were in debt to banks
00:07:18by up to double their value, and their owners were almost the same.
00:07:22Mr. Bazargan's government, Mr. Bazargan's government,
00:07:26faced this duality: either surrender to a
00:07:29collapse, a simultaneous collapse
00:07:33of both banks and industry,
00:07:36meaning both workers and depositors would take to the streets, or
00:07:40nationalize it. Sir, in the mid-1970s,
00:07:44in the early 1370s of the solar calendar, I became
00:07:47a member of the board of directors of a company whose CEO,
00:07:51for four or five years after my membership, signed as
00:07:54"government-appointed director." This is exactly what Mr. Godeh expects.
00:07:57Samket wrote that
00:08:00Mr. Godeh will never come. Yes, don't spoil
00:08:03it. No, we were waiting for Mr.
00:08:07Berger to come and take his property. According
00:08:10to legal procedure, we weren't allowed to write "CEO."
00:08:13"Government-appointed director" means I'm waiting for the owner to come and take this.
00:08:17And they never came. The guy
00:08:21had taken three times the value of that place and taken it abroad to do his
00:08:24business. Therefore, we should not
00:08:27be afraid of criticism, Mr. Khazaei. We should not be afraid
00:08:30of the reproach of blamers. We should not be afraid.
00:08:34We must (This is the problem, excuse me) the private banks say
00:08:38that this matter must be handled forcefully,
00:08:42because you are being treated with force. Didn't you just say that if a person
00:08:45wants to revolt, they must act in accordance with their status?
00:08:49If you're serious, if you're serious about war, if you're serious,
00:08:53if it's the apocalypse, I'm worried that
00:08:56this friend of ours, that nobleman whom you
00:09:00criticized belatedly, this part is correct.
00:09:03Addressing government officials, and not just
00:09:06the government. Sir, it was not addressed to government officials. Sir, I know what you're saying.
00:09:10I'm saying this is where it's right, to see.
00:09:15The criticism I might have is that, as I said, those words were incomplete.
00:09:18If we sit down and talk to him, we will definitely hear something
00:09:22else. But the point I have is that you
00:09:25cannot just put all the misfortunes on the shoulders of the general
00:09:29public. Look, the government does nothing.
00:09:33The government also includes the government. Its inclusiveness
00:09:37is in place, but you just - what does "just" mean? Sir, in
00:09:40the past 25 years,
00:09:42while Iran's GDP at constant prices
00:09:45has grown 100%, dear Mr. Razavi,
00:09:49the purchasing power of 80% of Iranian society has
00:09:53remained constant. Excuse me, where else do you want
00:09:56to pressure these people? Now, there's a question, we say unbalanced
00:09:59banks are our problem. Let's go and, in a sense, nationalize
00:10:03some of the unbalanced banks. They are not state-owned.
00:10:07State-owned. Well, yes, discipline. When did I say nationalize? I told him
00:10:11we warn him, "Look, sir, from now until two months from now," because I don't want a revolution.
00:10:14I mean, I don't want the regime. No, that also has a way. Let's give it time.
00:10:18Sir, don't create new imbalances.
00:10:22After a while, let's say, "Brother, come on, slow down."
00:10:34We appointed a failed person, or someone who couldn't manage
00:10:38the future bank properly on behalf of the government,
00:10:42this doesn't mean that this whole path has failed, because
00:10:45you don't have any other path either. Look,
00:10:49I met the late Raisi once at his own invitation.
00:10:52He pulled me aside and said, "Sir, do
00:10:56you have anything to tell me?
00:11:00Do you have a solution, anything to say?" It
00:11:03was at the beginning of his government. I told him, "Sir, if we have listed
00:11:0620 to 30 to 40 problems in Iran's economy,
00:11:09I suggest to your Excellency, like a tangled
00:11:13thread from which 20 to 30 criticisms have emerged, my suggestion to
00:11:17your Excellency is to start pulling and treating
00:11:21where there is inflation. As long
00:11:24as you, brother, don't solve Iran's inflation problem,
00:11:28the legitimacy problem won't be solved, the support of your people won't
00:11:31be solved, fundamental economic reforms won't
00:11:34be solved. We can now save 100 million liters of gasoline
00:11:38and diesel in Iran every day.
00:11:40We can really do this.
00:11:43This 100 million liters per day is 60 million
00:11:47dollars at the current price. You can
00:11:50export this 60 million dollars to neighboring
00:11:53countries without any monitoring by foreign sanctions, and
00:11:57either get cash or goods in return. Why can't
00:12:00we do this? Because our administrative structure is not suitable
00:12:04for this, and socially, our social structure
00:12:07is fragile. I want to speak in a sanitized way
00:12:11on television. Our social structure is very fragile.
00:12:14Our legitimacy has reached rock bottom. Why
00:12:17has it reached rock bottom? Either corruption itself or
00:12:21people's perception of corruption has increased to its highest level,
00:12:25and we must start this issue somewhere.
00:12:28In fact, the solutions I provide, Mr. Razavi, are solutions
00:12:32that, even if your crisis is resolved, you should continue
00:12:35them. First, secondly, the enemy's
00:12:39greed towards you, brother, is due to these points,
00:12:42these internal problems,
00:12:45these emotional conditions. I formally
00:12:48accuse, as that gentleman said,
00:12:52monthly foreign exchange inflow.
00:13:25deal with it. Yes.
00:13:26And
00:13:29let's not say that we are only and only economic. The coup's origin
00:13:32was there. It was a coup. Let's not say that
00:13:35then the people should conserve. Excuse me, we've reached
00:13:39the end. No, let me say something about legitimacy. Look, we are at
00:13:43the very place where millions of foreign observers, which led
00:13:46to a dispute, Reuters had also put it out, there was a debate.
00:13:50These monarchists were saying, "Mr. So-and-so, these tens of
00:13:54millions of people participated in the funeral of the martyred
00:13:57gentleman in various ways." The issue
00:14:00is that in other countries, the lack of legitimacy that arises
00:14:03refers to "I don't want this." Now, our problem is that
00:14:07even those who want the government are complaining,
00:14:11and their complaints are justified. That is, in a
00:14:14governing structure, the government (I don't mean the executive branch)
00:14:18a government in the sense of an overarching umbrella
00:14:22that people say, "I accept this," according to opinion polls,
00:14:42this will destroy your entire argument. Let's start dealing with corruption, not vindictively, not
00:14:46by dealing with the top brass, but in
00:14:49the sense of removing rent-seeking from the economy,
00:14:53in the sense of removing rent-seeking from the economy. You mentioned one case regarding banks,
00:14:56but it's still weak. Look, I, of course, am currently
00:14:59against increasing the price of basic
00:15:02goods and currency, etc. Why? As long as you haven't
00:15:06controlled your inflation
00:15:08rate, any price
00:15:11adjustment will cause a thousand to 1500 casualties.
00:15:14The game starts all over again. After two years,
00:15:17imbalances again. We must, if we want to reform anything,
00:15:21first of all, turn off the engine of liquidity growth.
00:15:25For this reason, whenever a discussion arises,
00:15:28I first talk about liquidity growth and
00:15:31its constituent factors.
00:15:34Its counter, in your words, is the bank.
00:15:37Very, very credible gentlemen, whose names I
00:15:41will not mention here, at very high levels of the Central
00:15:44Bank and the country's banking system, say that two-thirds of the imbalances
00:15:48are due to factors other than today's wartime conditions.
00:15:52Two-thirds of it is due to bank imbalances. One-third
00:15:55is due to the government budget deficit. I have no problem
00:15:59with the government budget deficit at all, contrary to what
00:16:02some of our friends say. The size of the government
00:16:05in Iran has become very small, and the government
00:16:07has become very weak. We must strengthen the government. From
00:16:11a financial system perspective, you know, Saudi Arabia's government budget
00:16:14deficit this year is over 6%
00:16:17of GDP. In Iran this year, if we assume
00:16:2055,000 trillion tomans
00:16:23as our domestic production at current prices, which will
00:16:27not be less than this, if you calculate 6% of this
00:16:3055,000 trillion tomans, it will be something around
00:16:343 (wheat, wheat). Exactly. No, sir. No,
00:17:07not just agriculture.
00:17:10Wheat means the one who provides our bread. Yes, the
00:17:14people's bread. I don't know anyone more honorable than these 900,000 people.
00:17:17Their families, for three or four months, sold their wheat
00:17:2040% below the world price,
00:17:24guaranteed price. But the government doesn't have the money to pay
00:17:27them. We tell them it causes inflation. We say, "Sir, it is already inflation."
00:17:31Firstly, Mr. Nouri Ghazaljeh himself is against
00:17:35it. Poor man. And this price. The little reform you
00:17:39did this year, the esteemed officials of the Central
00:17:42Bank and the Ministry of Agriculture say we saved 500 million
00:17:46dollars just in imports of barley. You know, for the first time ever, after the price
00:17:50was somewhat reformed, the farmer himself started.
00:17:52In the first three months of this year, Iran's economic growth
00:17:56rate was 10% negative. The only sector that has grown
00:18:00is the agricultural sector.
00:18:03Did you notice? The government
00:18:07made up for its very poor performance last year. This very
00:18:11government. Mr. Raisi did well for one year, but ruined it again in other years.
00:18:14May God bless him. In pricing
00:18:18wheat and workers' wages, sir,
00:18:21let's come and fix these.
00:18:25Let's control the main source of Iran's plunder, which is liquidity
00:18:28growth, not at the level of the budget deficit, but at the level
00:18:31of imbalances. Let's stop the rent-seeking, stop the special
00:18:34privileges in imports, sir. When
00:18:38we say it, they say, "Sir, he is against imports." I swear to
00:18:41God, if we were against imports in normal conditions, what are you saying?
00:18:45We say, "Sir, when you have wartime conditions,
00:18:48you must act in accordance with wartime status." Wartime imports
00:18:52are imports, but their nature is different. No, yes.
00:18:56Bravo! It's a priority. This is a given.
00:18:59It's among the givens. You cannot, when your foreign exchange
00:19:02resources become one-third, you cannot reduce all expenses
00:19:06by one-third at once. You have to make some zero and keep others at the same
00:19:10constant level. Otherwise, your cancer patients will be left at the door,
00:19:13brother. They are left behind.
00:19:16They are left. You know, in
00:19:191402,
00:19:22there were sanctions, and
00:19:25problems. We spent 12 billion dollars on Iranians' travel
00:19:28abroad. Sir, I am not against this travel. So that
00:19:32money, what do you mean by foreign currency?
00:19:34Travel currency. No, the currency
00:19:38that is spent on travel, according to the Central Bank, includes the currency
00:19:42given to travelers. What else does it include? It includes
00:19:45airplanes. These foreign airlines, when they
00:19:48give you 500 million tomans, one billion tomans
00:19:51later for a ticket, you know, they give you a ticket to fly from here
00:19:55to Los Angeles and back. This one billion tomans, they go to the official rate of the Central Bank and say,
00:19:58"Sir, give me my dollars." Do you think Lufthansa spends rials in
00:20:02Frankfurt? 12
00:20:05billion dollars. Central Bank statistics
00:20:07imports, are the latest available statistics. It might be
00:20:11say travel expenses in 1402,
00:20:15under the title of
00:20:18more, even 15 in some years. Now, this figure, now because
00:20:22of the country's situation, this is no longer the case. They are right. Yes,
00:20:26one big reason is that when tensions
00:20:29rise to a high level in Iran, and
00:20:32flights are suspended, the dollar price doesn't explode. This is
00:20:35it.
00:20:38The demand for dollars also goes down. Sir, a billion
00:20:41dollars a month is a lot of money, brother. A lot. The dispute is over
00:20:45our own 12 billion, which we will get from Qatar after a few years. God bless you.
00:20:48It's
00:21:09not like we can say we are a poor nation.
00:21:12Sir, look, in terms of trade, now, the discussion of the blockade, I consider
00:21:16it the most serious sanction discussion in Iran's history. Yes.
00:21:20It's serious. They don't take it lightly. For this
00:21:23reason, I say fundamental measures must be taken.
00:21:26But at the purchasing power
00:21:29parity rate, our GDP
00:21:33is about 1900 billion dollars.
00:21:36Sir, let's say it's even that 400 billion dollars
00:21:39at the nominal rate, which is a
00:21:42wrong statistic. It's an incorrect indicator.
00:21:45Economists themselves know how naive this
00:21:48indicator is. If you want to calculate it, Iran's total foreign trade is
00:21:51200 billion dollars. If you take Iran's GDP as 200 billion dollars,
00:21:55how much is it? 10. 10. Iran
00:21:59is one of the most self-sufficient countries in the world.
00:22:02It shouldn't shake us like this. It shouldn't let
00:22:06the dollar price get out of control. The dollar shouldn't become 24
00:22:10to 50,000 tomans, unless an anarchist
00:22:13is ruling the expenses. That is, you still
00:22:16want to continue your car production.
00:22:20Sir, if I were in charge, I would say first,
00:22:23weapons for the military forces,
00:22:26100% secured. Second,
00:22:29medicine, 100% secured. Third, food.
00:22:32This food is not only imports, it includes
00:22:35strengthening the purchasing power of Iranian farmers. We have four
00:22:39million active farmers in Iran, in
00:22:43the chain of the most honorable people of this country, sitting in
00:22:46villages or on the outskirts of cities, producing food for you.
00:22:50And it's more than enough, 145 million tons.
00:22:53On the third or fourth day of the war, I predicted on this very channel
00:22:57of yours that Iran would never see famine. Yes, yes.
00:23:01Well, because we had information.
00:23:04You know. Now, if you, Mr. Nouri, the Ministry of
00:23:08Agriculture, if you adjust the prices a little,
00:23:11you will see its effects on wheat production.
00:23:15Good weather is also a factor. What
00:23:17is it? Rainfall affects the price of wheat.
00:23:50We will wait for a long time with an attitude
00:23:53as if Khaybar has been conquered. In the morning,
00:23:55he says another 50 trillion tomans
00:23:58have been given. It's as if we are not considering
00:24:02our deceased. It's another matter. I mean,
00:24:06there are things. These priorities, in the end,
00:24:10if there was anything left, we would say, "Well, car production, and that too,
00:24:13from the highest
00:24:17domestic production." We start. How much was the reprimand?
00:24:21We go to, you know, this experience of this kind of program in
00:24:24Iran is 70 years old. The Shah's third development
00:24:27plan came out and said, "Sir, if we found money,
00:24:31we would complete some areas up to 100%. Once those were completed, we would move
00:24:35on to the rest." It's as if this tradition has been forgotten in Iran.
00:24:38During the third development plan, yes, from
00:24:42the middle, Ali Khani came.
00:24:46Because the third plan started in the middle of
00:24:491341 and lasted until the end of 1346.
00:24:52My point is, this Khani is from the Alam government. Yes.
00:24:56From the Alam government. No, because Ali Khani himself had economic views. Now, during
00:25:00the Shah's era, there are a few ministers
00:25:03who have views similar to what you're saying, contrary to the entire
00:25:06system. Ali Khani was one of those who had some points regarding fundamental allocation.
00:25:10But, look, since I don't see history in an individual,
00:25:13I say that during that period, because you had a shortage
00:25:17of resources, discipline
00:25:21was also in the Shah's mind. Later, when abundance happened, and the Shah,
00:25:24I mean, when the system became corrupt, Ali Khani was actually thrown out. Look
00:25:28at how they treat a pioneer. Ali Khani was just thrown out of
00:25:32the system, despite all the services you mentioned, because he refused to
00:25:35comply. That was the big difference between him and Hoveyda. Yes.
00:25:39Hoveyda complied and said, "Sir, I will do it myself." I mean,
00:25:42in any case, I want to say to you that we have many
00:25:46diverse solutions. We can establish all our corridors.
00:25:50This Astara-Anzali-Anzali-Astara
00:25:53railway, which has been going on for 10-12
00:25:57years, sir, let's think about it and build
00:26:00it. This war
00:26:03in Ukraine, sir, I am not
00:26:06a diplomat, as the martyred leader said, nothing, but it's in Iran's
00:26:10favor. The more it intensifies, the better for Iran, and we should
00:26:14take advantage of this intensity of the war. Iran should
00:26:17use it. We can, with the shared border we have with
00:26:21Russia, use it much more.
00:26:24Iran's economy, in any case, is very complex and extensive,
00:26:28and it is by no means forced to surrender
00:26:31to the excessive demands of the West. I also want to ask
00:26:35you for a few minutes to discuss your analysis of
00:26:38the situation in the West, specifically America, because this issue
00:26:41of resilience is what you are talking about. In order for us to be able to have economic
00:26:45resistance and to survive, to provide the conditions for the life and livelihood
00:26:49of our people, how do we evaluate the situation on the other side? The issue
00:26:52is that our problem with America, with America and the Western side, is different.
00:26:56Our problem is life and death. Their problem is inflation,
00:27:00higher or lower inflation.
00:27:28in my opinion, they prepare it. Now, our friends should not mock that harsh winter.
00:27:32What happened to the previous time? It happened. When we discuss
00:27:36factionally, we don't want to see expert opinions.
00:27:39We constantly try to mock
00:27:43the other side. Federal Germany
00:27:46and the entire European Union, in order
00:27:50not to suffer from a harsh energy winter,
00:27:53pulled down the wick of their economic growth. That means since the beginning
00:27:57of the war, Europe, the Ukraine war, until now,
00:28:00the average economic growth of the European Union has never reached one
00:28:04percent.
00:28:06There was an American scientist named Lester Thurow. In
00:28:101373,
00:28:1333 years ago, 32 years ago, he wrote an
00:28:16article, and in that article, he predicted that if
00:28:19the average economic growth of America's gap
00:28:23with the average economic growth of Europe remains at this level,
00:28:26meaning America has more than twice the economic growth of Europe,
00:28:30within a quarter-century,
00:28:33which we are in now, we have reached it,
00:28:36Europe will become a third-world country,
00:28:39a third-world continent compared to America.
00:28:43That means it's not like we can say Europe hasn't paid any costs, nothing has happened to it.
00:28:46What about America itself? America itself is now facing reduced
00:28:50growth, reduced economic growth. And you saw
00:28:53that the Federal Reserve, when it raised interest
00:28:57rates by 25 points, contrary
00:29:01to Mr. Trump's opinion.
00:29:14America is in trouble, which, contrary to the President's
00:29:18opinion, they were forced to raise interest rates
00:29:21to control inflation. And since a painless shot
00:29:25has not yet been invented in economics, this is my own
00:29:29sentence. From here.
00:30:34a trial of resistance after months
00:30:37of war, they gathered and declared their readiness
00:30:40to take up arms. So
00:30:44you can see for yourselves!
00:30:46We are more than this.
00:30:50We have weapons,
00:30:52we have equipment. What kind do you want? The Los
00:30:56Angeles Times says.