February 29, 2012 | Quote

Iran Suffers ‘Crippling Effect’ of Sanctions

Mark Dubowitz, executive director of the Foundation for the Defense of Democracies, a Washington research, said the individual sanctions amount to a “comprehensive, mutually reinforcing” strategy designed to cut off Iranian access to hard currency, fuel a hyperinflationary environment in Iran and render the Iranian currency worthless.

The net effect “will be to make it increasingly difficult for the Iranian regime to manage the economic crisis that it has imposed on its own people,” forcing it to make concessions, Dubowitz said in an interview.

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