Dr. Nasser Saidi spoke to Al Arabiya Al Hadath’s Lara Nabhan on 17th Mar 2021 about the rapid depreciation of the Lebanese Pound.
In the interview, Dr. Saidi touches upon on the collapse of the LBP due to a deliberate Inflation Tax imposed by the Diab government and the Banque du Liban, failed peg to the dollar, burst Ponzi scheme & “financial engineering” with an ill-designed subsidy policy, 80% of which benefited traders and smugglers – not the poor and needy.
Watch the full interview (in Arabic) below:
Interview with Al Arabiya Al Hadath (Arabic) on the rapid depreciation of the Lebanese Pound, 17 Mar 2021
18 March, 2021
read < 1 minute
Read Next
media page
“Central Bank Digital Currencies: Will they replace the cash in our wallets?”, Op-ed in The National, 30 Jun 2024
The article titled “Central Bank Digital Currencies: Will they replace the cash in our wallets?”
30 June, 2024
media page
Comments on BRICS+, geo-political fragmentation and the role of the USD in CNN Business Arabia, 17 Jun 2024
Dr. Nasser Saidi’s comments appeared in a CNN Arabia article titled “هل يضعف تدويل
21 June, 2024
media page
Comments on Saudi Arabia’s reduced spending plans in Al Monitor, 16 Jun 2024
Dr. Nasser Saidi’s comments on Saudi Arabia’s reduced spending plans appeared in the article titled
19 June, 2024