Annualized inflation in Turkey in 2018-19 was close to 10%. Last month = 60%!!

Sep 10, 2024
4:04:30pm

Socrates Johnson All-American

The government there has a long time policy of letting inflation run hot in pursuit of growth. (Growth was like 12% but inflation was 10). Looks like it caught up to them. Sad.

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Socrates Johnson

Previous username: jkccoug
Bio page: Socrates Johnson
Joined: Jul 19, 2002
Last login: Sep 18, 2024
Total posts: 30,745 (2,194 FO)

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Messages

Author

Time

Apparently there's a problem with inflation in Turkey

Division Bell Recovering

Sep 10, 1:30pm

<< Deleted >>

BYUFBDAD

Sep 10, 1:32pm

Is this in US dollars? Then the inflation would be on the US side

Mikey

Sep 10, 1:34pm

I was just looking at exchange this morning. Was 7:1 when we went in 2019. Now

Dataguy

Sep 10, 1:35pm

Inflating turkeys?

Ted Lasso

Sep 10, 1:36pm

That's all the Americans going there for hair transplant surgery. Not joking either.

CSoul

Sep 10, 1:37pm

my wife showed me a post on that...nuts

vabeachcoug

Sep 10, 1:38pm

Not where I'd be getting hair transplanted...

UCLACoug

Sep 10, 1:43pm

Just the typical lead up to thanksgiving

Ojiisan

Sep 10, 1:39pm

RE: Apparently there's a problem with inflation in Turkey

stenso

Sep 10, 1:43pm

RE: Apparently there's a problem with inflation in Turkey

enigomo

Sep 10, 1:45pm

erase your cookies

claw

Sep 10, 2:03pm

That helps when you're booking flights for sure. But we're interacting directly with a highly reputable excursion group.

Division Bell

Sep 10, 2:05pm

That place has had that problem for a long time. Versus the $ the TL was 5-1

Socrates Johnson

Sep 10, 2:17pm

Annualized inflation in Turkey in 2018-19 was close to 10%. Last month = 60%!!

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