With the absurd economic moves we have made in the last two years and the statements that are ignorant of finance, we have succeeded in creating an image that reassures friends and foes. It was obvious that it would not go like this… Indeed, it did not. We made a full “U” turn.
With the decision of the Monetary Policy Committee, the Central Bankyour money increased from 8.5 percent to 15 percent. When it stays below the 20-25 percent band, which is the average expectation. dollar raised his head. It went up to 24.50.
Faster interest The increase in price would put grass in the bells of the banks. There are bonds that are forcibly sold to banks… It will shake the balance sheet. At least, let’s do it slowly, and a solution should be found in the meantime.
Decisions taken or indicated to be taken point to the return of Mehmet Şimşek – Gaye Erkan to normal policies in the new period.
But being late always costs more interest is the increase. It has come to this day because it didn’t do what it should have done in the first place… The mistakes made due to insufficient capacity with efforts to fix the economy put us in an environment where we were drawn into like a black hole and where we didn’t know where it was taking us…
At the end of the day, who are they going to push the bill to? They can’t afford to pay out of their pockets… They will divide us all under the name of tax…
Remedies are desperate, interest is insufficient!
Interest of course, it is not a positive decision that will lead the country to better days… It is an “appropriate” decision to define it… It saves time in return for its high cost, that’s all…
Interest How long will the increases continue?
Or let’s look through that window. let’s call it interest increased. Is it the cure for our problem? No! Companies and households have a lot of debt… It gets worse…
It should never have come this far. There is neither reserve nor capital… They have already started capital controls… When the country’s economy becomes desperate even if the remedies are like this… We will become even poorer in the coming days…
The statement called “monetary tightening” interest to the increase… Okay, the salaries and payments to be made to EYT members… With the increase in the public workers and the minimum wage, the minimum of six-month inflation is already known… The lowest civil servant salary is 22 thousand… The pensioner will probably get his share… What about the additional budget? Will it not cause monetary expansion? Will the amount of money increase in the country?
This is called “monetary expansion” all over the world. How is it possible to both tighten and expand? Here it is, but it doesn’t work…
Is there pain? It will be pilgrimage!
As a matter of fact, the implemented fiscal policies and monetary policy are inconsistent… This ship will not run… Do they say “We screwed up the economy”? This seems a bit of an exaggeration to me…
This story goes on for a while, but then again, someone must be found to blame… Who are these foreign-flavored extremists in their eyes, the Knights Templar, the upper mind, the lower leg should attack our economy…
We still do not have any plans or program tactics! The economy is managed as if you fill in the questions of which you have no idea in the exam… How can an outsider do better than this?
When you said you would be a super power for years, you became a super market. You lived by not producing, borrowing from abroad. You’re out of money. Interest you’re going to increase it and get the job done, right? It’s a difficult craft, it’s yours…
In short, there is no way out without suffering in this dilemma that has been created… Politics can fool the fool, but it cannot fool the money… This era is about to end…
As a matter of fact, very soon large masses of people will be struggling with a poverty they have never seen before. Maybe most of them will not be heard, the press and the media will not be informed, but rest assured, everyone will feel it.
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