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Turkey is bankrupt

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Re: Turkey is bankrupt

Postby Lordo » Fri Sep 23, 2022 10:39 pm

Maximus wrote:Its so the smart money can buy cheaper. These markets are manipulated to some extent. Only an idiot would sell sterling to buy TL.

Markets what? to some extent?

You stupid boy.

Who said anything about selling sterling and buying TL. Read the fucking post again and see if it penetrates that thick skull of yours.

Interest up sterling loses
Interest down TL gain.

now shove it.

Let me call bank ad but a few TL, it may come in handy.
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Re: Turkey is bankrupt

Postby Pyrpolizer » Fri Sep 23, 2022 10:39 pm

Maximus wrote:You havent missed much.

Our chief fart head thinks like erdogan and wants to apply similar economic and fiscal policy in "la la land", hoping for a different result.

Only difference is, he learnt from reading karl marx and endorgan learnt from reading the quran.


Imo Lordo's point that most of the recent inflation is due to the destabilization of the energy markets, plus the previous years' disruption of supply chains and spending for Covid, is valid. So i agree with him that Increasing the interest rates will have zero effect to this kind of inflation.

However Turkey has additional sources of inflation, while Erdogan's weird economic policies make it even worse. Presumably he does what the Koran says.... :wink:
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Re: Turkey is bankrupt

Postby Lordo » Fri Sep 23, 2022 10:52 pm

Pyrpolizer wrote:
Maximus wrote:You havent missed much.

Our chief fart head thinks like erdogan and wants to apply similar economic and fiscal policy in "la la land", hoping for a different result.

Only difference is, he learnt from reading karl marx and endorgan learnt from reading the quran.


Imo Lordo's point that most of the recent inflation is due to the destabilization of the energy markets, plus the previous years' disruption of supply chains and spending for Covid, is valid. So i agree with him that Increasing the interest rates will have zero effect to this kind of inflation.

However Turkey has additional sources of inflation, while Erdogan's weird economic policies make it even worse. Presumably he does what the Koran says.... :wink:

You can add to that the Brexit rewards too which is causing inflation as we now have to pay tax as well as import processes alone happens to be about as much as we used to pay into the EU for free trade.

Unfortunately, Erdogan cannot read so if he is getting any information, it is through one of his imams and you are right. In Muslim religion it is a sin to charge interest on a loan.

https://www.ecnmy.org/engage/paying-interest-on-your-loans-in-islam-you-shouldnt-have-to/

It is god's will as it were.
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Re: Turkey is bankrupt

Postby Maximus » Fri Sep 23, 2022 11:58 pm

Lordo wrote:
Maximus wrote:Its so the smart money can buy cheaper. These markets are manipulated to some extent. Only an idiot would sell sterling to buy TL.

Markets what? to some extent?

You stupid boy.

Who said anything about selling sterling and buying TL. Read the fucking post again and see if it penetrates that thick skull of yours.

Interest up sterling loses
Interest down TL gain.

now shove it.

Let me call bank ad but a few TL, it may come in handy.


handy to wipe your ass with. :roll:
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Re: Turkey is bankrupt

Postby Maximus » Sat Sep 24, 2022 12:04 am

Lordo wrote:
Pyrpolizer wrote:
Maximus wrote:You havent missed much.

Our chief fart head thinks like erdogan and wants to apply similar economic and fiscal policy in "la la land", hoping for a different result.

Only difference is, he learnt from reading karl marx and endorgan learnt from reading the quran.


Imo Lordo's point that most of the recent inflation is due to the destabilization of the energy markets, plus the previous years' disruption of supply chains and spending for Covid, is valid. So i agree with him that Increasing the interest rates will have zero effect to this kind of inflation.

However Turkey has additional sources of inflation, while Erdogan's weird economic policies make it even worse. Presumably he does what the Koran says.... :wink:

You can add to that the Brexit rewards too which is causing inflation as we now have to pay tax as well as import processes alone happens to be about as much as we used to pay into the EU for free trade.

Unfortunately, Erdogan cannot read so if he is getting any information, it is through one of his imams and you are right. In Muslim religion it is a sin to charge interest on a loan.

https://www.ecnmy.org/engage/paying-interest-on-your-loans-in-islam-you-shouldnt-have-to/

It is god's will as it were.


unfortunately, you have to decrease, or restrict the money supply and make it more expensive (valuable) again.

To make currency worth more, major central banks are increasing interest rates, and they are hiking pretty aggressively in most part.

Irrational policy makers are reducing them aggressively, to make their currency even cheaper and dabble a hand at playing Robin Hood (Endorgan and his squire, our resident chief fart head). :roll:
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Re: Turkey is bankrupt

Postby Lordo » Tue Sep 27, 2022 9:53 am

Maximus wrote:
Lordo wrote:
Pyrpolizer wrote:
Maximus wrote:You havent missed much.

Our chief fart head thinks like erdogan and wants to apply similar economic and fiscal policy in "la la land", hoping for a different result.

Only difference is, he learnt from reading karl marx and endorgan learnt from reading the quran.


Imo Lordo's point that most of the recent inflation is due to the destabilization of the energy markets, plus the previous years' disruption of supply chains and spending for Covid, is valid. So i agree with him that Increasing the interest rates will have zero effect to this kind of inflation.

However Turkey has additional sources of inflation, while Erdogan's weird economic policies make it even worse. Presumably he does what the Koran says.... :wink:

You can add to that the Brexit rewards too which is causing inflation as we now have to pay tax as well as import processes alone happens to be about as much as we used to pay into the EU for free trade.

Unfortunately, Erdogan cannot read so if he is getting any information, it is through one of his imams and you are right. In Muslim religion it is a sin to charge interest on a loan.

https://www.ecnmy.org/engage/paying-interest-on-your-loans-in-islam-you-shouldnt-have-to/

It is god's will as it were.


unfortunately, you have to decrease, or restrict the money supply and make it more expensive (valuable) again.

To make currency worth more, major central banks are increasing interest rates, and they are hiking pretty aggressively in most part.

Irrational policy makers are reducing them aggressively, to make their currency even cheaper and dabble a hand at playing Robin Hood (Endorgan and his squire, our resident chief fart head). :roll:

Your comments remind me of the comment Makarios made when he was informed that blockade of even grain to the TCs was causing people to go hungry and his response was that the TCs will be on a diet.

What does it mean to cut the money supply to people who do not have enough to feed themselves. Where did you fuckin learn your fuckin humanity you asshole. Go back to fuckin church and ask for your money back.

Most fascist live on Uranus. We have two in our government today who thought it would be great idea to borrow money to give tax cuts to the richest cunt's on earth and then they have the audacity to accuse those who critisize the policy of politics of envy. Like fuck.
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Re: Turkey is bankrupt

Postby Lordo » Tue Sep 27, 2022 11:00 am

This is for those who understand the Terggish language

https://www.facebook.com/watch?v=491996512483119
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Re: Turkey is bankrupt

Postby Maximus » Tue Sep 27, 2022 11:49 am

Who said anything about cutting the money supply to people who do not have enough to feed themselves? Those people will exist under every economic condition. No matter how well the economy is doing or how much money there is swishing around in it, there will always be poor people.

What I said was, you have to decrease or restrict the money supply and make it more expensive again. In contrast to what has been going on for over a decade now.

If the average Turks Lira was more valuable, their purchasing power would be stronger and allow them to put more goods in their baskets. Its simple really but you want to involve planets, the clergy and what the TC's were supposedly eating in the 1960's to make an argument?

Why dont you stick to the subject?

Erdogan has tried everything you talk about to fix the economy, in some way or another but its getting worse. how do you explain that? you dried up baby wipe....
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Re: Turkey is bankrupt

Postby Lordo » Tue Sep 27, 2022 1:24 pm

Maximus wrote:
Lordo wrote:
Pyrpolizer wrote:
Maximus wrote:You havent missed much.

Our chief fart head thinks like erdogan and wants to apply similar economic and fiscal policy in "la la land", hoping for a different result.

Only difference is, he learnt from reading karl marx and endorgan learnt from reading the quran.


Imo Lordo's point that most of the recent inflation is due to the destabilization of the energy markets, plus the previous years' disruption of supply chains and spending for Covid, is valid. So i agree with him that Increasing the interest rates will have zero effect to this kind of inflation.

However Turkey has additional sources of inflation, while Erdogan's weird economic policies make it even worse. Presumably he does what the Koran says.... :wink:

You can add to that the Brexit rewards too which is causing inflation as we now have to pay tax as well as import processes alone happens to be about as much as we used to pay into the EU for free trade.

Unfortunately, Erdogan cannot read so if he is getting any information, it is through one of his imams and you are right. In Muslim religion it is a sin to charge interest on a loan.

https://www.ecnmy.org/engage/paying-interest-on-your-loans-in-islam-you-shouldnt-have-to/

It is god's will as it were.


unfortunately, you have to decrease, or restrict the money supply and make it more expensive (valuable) again.

To make currency worth more, major central banks are increasing interest rates, and they are hiking pretty aggressively in most part.

Irrational policy makers are reducing them aggressively, to make their currency even cheaper and dabble a hand at playing Robin Hood (Endorgan and his squire, our resident chief fart head). :roll:


unfortunately, you have to decrease, or restrict the money supply and make it more expensive (valuable) again.


Do you even understand what you are fucking posting you stupid ass-wipe. How the hell are you going to restrict money supply but only to certain sector.

its like posting to a fuckin gharo gavole.
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Re: Turkey is bankrupt

Postby Maximus » Tue Sep 27, 2022 1:36 pm

Who said anything about restricting money to only one sector you pleb.

When central banks stop printing money and start raising interest rates to recall it on loans and encourage more saving and less borrowing, it brings down inflation (over time) and raises the value of currency. This also increasing peoples purchasing power.

Its not that there isnt enough money around, its that the value of it is eroding because there is too much of it available. Which is what Endorgan is encouraging more of with lowering interest rates.

Are you really this thick?
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