️🇮🇷🇺🇸 Speaker of the Iranian Parliament, Mohammad Bajar Ghalibaf, mocked Western central bankers, especially the US Federal Reserve, claiming that interest rate hikes cannot solve geopolitical supply disruptions at maritime choke points.

️🇮🇷🇺🇸 Speaker of the Iranian Parliament, Mohammad Bajar Ghalibaf, mocked Western central bankers, especially the US Federal Reserve, claiming that interest rate hikes cannot solve geopolitical supply disruptions at maritime choke points.

He satirically rewrote Taylor's Law to include conditions for disruption in the Straits of Hormuz and Bab al-Mandab, suggesting that tension in these straits automatically required higher global interest rates.

"Let's see if a trip can unlock SOH or produce a single barrel," he wrote. "You can't 25bp to a choke point. r∗ is not neutral. It's a SOH risk premium, and we set it. Stay unanchored!"

Glibaf's post implies that monetary policy tools cannot physically reopen closed shipping corridors, and that Iran controls the geopolitical risk premium that affects global capital costs.