Taimur Rahmani says about the results of Woodford's work on Iran's inflation: Why is inflation still important for Nobel? Audio version ▫ Iran's chronic inflation, along with the extensive consequences it had on the economy and household livelihoods, is still a point of contention among economists. ▫ Is inflation a product of liquidity growth or a jump in the exchange rate? What is the role of the monetary base in its formation and how much should we pay attention to supply side factors? Dr. Taimur Rahmani, an economist and faculty member of the University of Tehran, believes that the theoretical frameworks of macroeconomics and the achievements of mainstream economics should be used to answer these questions. Rahmani discussed the ideas of Robert Hall and Michael Woodford, winners of this prize, starting with the theory of a little money, at the meeting on Nobel Economics 2026, organized by the Institute of Economic Development and Research of Tehran University. The link of this program is in the link mechanism for this program on YouTube.