Amazing how returning to normal economic rate management means inflations goes in the right direction.
Erdogan’s an idiot who has pushed his theory that dropping interest rates will reduce inflation for many years now, and every time he tries it inflation spikes massively. I think he’s gone through about 6-7 Central Bank managers by now.
CountFew6186 on
I guess that’s movement in the right direction, but 33.5% is still extremely high.
ScratchAltruistic514 on
This is an example for what will happen when Trump fires the FED chair. Interest rates regulate money demand.
hhuzar on
And just yesterday I was talking about this with a co-worker from Turkey and he shared this page https://enagrup.org/?hl=en where it states that there is no such drop in reality and he agrees.
Acceptable_Pea_8222 on
Except NOT. AKP and RTE purposefully meddles with the numbers. Real inflation is still around 70 percent to 100 percent
cypriotakis on
I read somewhere before, can’t remember where, that things like this is a usual pre-elections AKP tactic to give the impression they’re doing better economically.
No_Priors on
Trump “Thems rookie numbers!”
SloanTheNavigator on
Take note, Fed Chair Donald Trump
SenpaiBunss on
Chat, erdogan finally did something that any freshman economics major could tell you
Ninevolts on
It’s not, TUIK is lying. To keep the minimum wage and pension raises low. Private observers put the real numbers still above 70 percent.
10 commenti
Amazing how returning to normal economic rate management means inflations goes in the right direction.
Erdogan’s an idiot who has pushed his theory that dropping interest rates will reduce inflation for many years now, and every time he tries it inflation spikes massively. I think he’s gone through about 6-7 Central Bank managers by now.
I guess that’s movement in the right direction, but 33.5% is still extremely high.
This is an example for what will happen when Trump fires the FED chair. Interest rates regulate money demand.
And just yesterday I was talking about this with a co-worker from Turkey and he shared this page https://enagrup.org/?hl=en where it states that there is no such drop in reality and he agrees.
Except NOT. AKP and RTE purposefully meddles with the numbers. Real inflation is still around 70 percent to 100 percent
I read somewhere before, can’t remember where, that things like this is a usual pre-elections AKP tactic to give the impression they’re doing better economically.
Trump “Thems rookie numbers!”
Take note, Fed Chair Donald Trump
Chat, erdogan finally did something that any freshman economics major could tell you
It’s not, TUIK is lying. To keep the minimum wage and pension raises low. Private observers put the real numbers still above 70 percent.