Iran is joining China in blaming the U.S. bank, Federal Reserve, for destroying the world economy.
Iran’s President Mahmoud Ahmadinejad, says the “paper money” policy of the Federal Reserve is playing a part in the increase of poverty around the world, by forcing most international trades to use U.S. dollars. He says the Federal Reserve injected into the world economies $32 trillion in “worthless” paper money.
President Ahmadinejad believes the Federal Reserve policy is part of a plan that forces poorer countries to pay the debts of the West.