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IT'S TURKYIV YOU SHITLORD

Why is this happening? I know prices go up with time but this seems accelerated.

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It's T*rkye

>Turkey
how the fuck do they even live

money is not important think people are not caring about these materialist things we are spritual people.
Atina soon will added to empire.

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>money is not important
thats convenient

>money is not important think people are not caring about these materialist things
why do you lie?

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>shut everything down for a flu
>print money because you shut everything down
>take forever to open everything back up because you're paranoid of a fucking flu

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i bought some raki the other day
thank me for saving the turkish economy please

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Frucking greeks will be able to go to turkey for an ultra cheap vacation.

we may eat bread and drink water but we will support REIS again
u can't understand it is spritual fight, it has meaning. economy money are all materialist bullshit caused by evil ideology called capitalism.

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the greeks have deserved this

i can understand being poor
youre poor

Stop lying.

why Turkish currency is so unstable

I don't find reasonable answer

Their dictator has lowered interest repeatedly in response to inflation, causing more inflation.
He has also destroyed the country with corruption and religion.

They did/do have a solid population to base an economy off but he has mostly destroyed their brains too. RIP the dream of ataturk.

>Greece buys back Constantinople for 1 euro

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Central banks made it cheap to borrow money.
The companies and the government borrowed pay for things during the pandemic.
There was a lot of money and less products to spend it on.
But the effect wasn't immediate because psychologically people are inclined to not spend in hard times.
Pandemic is over, people want to spend and they have enough money thanks to the borrowing windfall.
But products are not produced because the consequences of the pandemic on supply chains still persists.
This leads to inflation on the global scale.
Turkey is a special case because they practice voodoo economics.

Turkki

could be worse, look at china

Thanks, I won't invest in Turkish Lira
that graph looks insane

>I won't invest in Turkish Lira
understatement of the century

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Inflation means penis size.

for the first time in 10 years the printed money reached the consumer + covid supply chain and production shock