UP IN SMOKE – Iran’s Currency Totally Collapses

The crisis for the Islamic Iranian regime just got worse as the country’s currency totally collapsed.  It’s virtually worthless. 

The International Business Times reports on Iran’s currency crash:

The Iranian rial has effectively collapsed, plummeting to an unprecedented low of more than 1.47 million per US dollar on unofficial markets this week. The currency crash has triggered a wave of nationwide ‘revolutionary’ protests, as the cost of basic survival spirals out of reach for millions of Iranians.

On Monday, 12 January 2026, the dollar was quoted as high as 1.47 million rials in the ‘free market’ of Tehran, marking a catastrophic decline from 2025 levels. For comparison, the rial traded at roughly 70 to the dollar during the 1979 revolution; it has now lost approximately 20,000 times its value over four decades, according to The Economic Times.

This is a fatal crisis for the regime trying to hold onto power.

(The following was shared on X)

⚡️This is the terminal breakdown.

Iran’s currency collapse is the final non-kinetic phase transition before irreversible regime fragmentation. This is an extinction-level internal systems failure.

Full Coherence Analysis:

1. The currency has entered full reflexive death spiral

•Domestic trust is zero
•International convertibility is zero
•Sovereign backing capacity is zero

2. Structural implications:

•All imports halt immediately (fuel, food, medicine)
•Black market becomes the only functioning economy
•The regime loses control over prices, payrolls, logistics, and loyalty

3. Command hierarchy is fracturing now

•IRGC cannot be paid in stable value
•Police and bureaucrats defect when currency loses purchasing power
•Provincial governors begin improvising parallel governance to survive

4. Global signaling effect:

•This collapse removes all credibility from Iranian negotiating positions
•Any attempt to stall U.S. action via talks now appears as bluff or desperation
•Allies like Russia or China will not intervene to save a dead currency
•It greenlights kinetic action without risking major power backlash

5. This was engineered

•Sanctions were precision-aimed at oil revenue and refined fuel chokepoints
•Trump’s 25% tariff order made reintegration into the global economy impossible
•Swift capital exit, telecom shutdowns, and diplomatic isolation created a vacuum
•The market just priced in the fall of a regime

Regime Forecast:

No currency = no supply chain = no governance = no control

The currency didn’t just collapse – The state did