Central Bank ile ilgili hikayeler

We experienced a very interesting example of the collapse of Turkey's institutions with the recent change of the CBRT governor. Who knows which people in which institutions experience similar absurdities every day? However, since the CBRT is a very visible institution, we were able to follow these problems. Institutions in Turkey continue to collapse not only in terms of rules or in the political science sense but also physically.

Another issue of direct relevance to our daily lives was addressed in this part of the presentation: tax increases. However, despite acknowledging that tax hikes lead to increased inflation, the Central Bank chooses to use the term “tax adjustments.”

In fact, one of the initial steps taken by Mehmet Şimşek's economic team has been to raise various indirect taxes, particularly the Special Consumption Tax. It's evident that the hikes in indirect taxes are aimed at consumers.

Even an autocratic leader like Putin accepts some preconditions of the economy and does not resist them. But our central bank and the politicians who are its real managers ignore even this basic fact. Their sole purpose is to prevent the rise in the dollar until the election is over. But they have not been able to do this fully.