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		<title>Syria&#8217;s Awful Strategy During Hard Times, Just Print More Money</title>
		<link>http://www.inquisitr.com/254447/syrias-awful-strategy-during-hard-times-just-print-more-money/</link>
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		<pubDate>Wed, 13 Jun 2012 20:45:33 +0000</pubDate>
		<dc:creator>James Johnson</dc:creator>
				<category><![CDATA[World]]></category>
		<category><![CDATA[Bashar al-Assad]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[syria]]></category>
		<category><![CDATA[Syria Economy]]></category>
		<category><![CDATA[Syrian Economics]]></category>

		<guid isPermaLink="false">http://www.inquisitr.com/?p=254447</guid>
		<description><![CDATA[<br />Syrian leader Bashar al-Assad has a way to pay his government workers and keep his country running, he&#8217;s simply printing more money. While that extra capital may help the country over a very short period of time anyone with a 9th grade economics education knows that printing vast amounts of money can lead to hyper-inflation [...]<p><a href="http://www.inquisitr.com/254447/syrias-awful-strategy-during-hard-times-just-print-more-money/">Syria&#8217;s Awful Strategy During Hard Times, Just Print More Money</a> is a post from: <a href="http://www.inquisitr.com">The Inquisitr</a></p>
<br /><br /><br />]]></description>
				<content:encoded><![CDATA[<p><img class="aligncenter size-full wp-image-254461" title="Syria Printing Money - Could Destroy Economy" src="http://www.inquisitr.com/wp-content/uploads/2012/06/Syria-Printing-Money-Could-Destroy-Economy-e1339620055140.jpg" alt="Syria Printing Money - Could Destroy Economy" width="475" height="274" /></p>
<p>Syrian leader Bashar al-Assad has a way to pay his government workers and keep his country running, he&#8217;s simply printing more money. While that extra capital may help the country over a very short period of time anyone with a 9th grade economics education knows that printing vast amounts of money can lead to hyper-inflation and given the countries civil war that appears to be the next step in the downfall of its economy.</p>
<p>Government revenues have rapidly declined as UN sanctions have crippled the country as it continues to struggle with uprisings, the killings of innocent civilians and a loss of most public sectors.</p>
<p>In the midst of its civil war Syria has watched its budget sore to $27 billion in 2012, the largest in the Syrian governments history. That budget has increased as Bashar al-Assad hired more government workers and offers subsidizes to business in order to keep the countries economic machine churning out products, services and jobs.</p>
<p>According to one banker in an interview with <a id="ctl00_ContentPlaceHolder1_StorySources1_HyperLinkArticleLink1" title="Read the article at: http://www.reuters.com/article/2012/06/13/us-syria-economy-money-idUSBRE85C0CL20120613" href="http://www.reuters.com/article/2012/06/13/us-syria-economy-money-idUSBRE85C0CL20120613" target="_blank">Reuters</a>:</p>
<blockquote><p>&#8220;People are getting their wages and there are no complaints. But if we reach a stage where they are not paid, there will be a crisis.&#8221;</p></blockquote>
<p>Inflation in Syria is already at an incredibly high 30% which has led some analysts to call the rapid printing of coming &#8220;economic suicide.&#8221;</p>
<p>In the meantime the reign of al-Assad has become so bad that even some impartial journalists including <a title="Solving The Syria Conflict: We Should Assassinate President Bashar al-Assad [Op-Ed]" href="http://www.inquisitr.com/252775/solving-the-syria-conflict-we-should-assassinate-president-bashar-al-assad-op-ed/">our own Melissa Stusinski</a> have called for his assassination in the name of human rights.</p>
<p>Do you think Syria&#8217;s economy is doomed to fail through the massive printing of new money?</p>
<p><a href="http://www.inquisitr.com/254447/syrias-awful-strategy-during-hard-times-just-print-more-money/">Syria&#8217;s Awful Strategy During Hard Times, Just Print More Money</a> is a post from: <a href="http://www.inquisitr.com">The Inquisitr</a></p>
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