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Economist Meriç Köyatası, who has always spoken, explained what will happen in the winter after the Central Bank’s dollar operation.

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The Turkish Statistical Institute (TUIK) has announced gross domestic product (GDP) data for the second quarter of the year. As a result, the Turkish economy grew by 7.6% in the second quarter.

Renowned economist Meriç Köyatası made assessments of the growth data in question on his personal YouTube channel.

“SO YOU BECOME POOR”

For the growth data ‘Toxic growth’ tKoyatasi using the name; “Why do we call it poisonous? Because as the economy grows like this, much of society becomes poorer. Debt is on the rise. Therefore, it is a toxic growth. It is not sustainable growth ”. he said she.

“DOLLAR SOLD BY CENTRAL BANK …”

Koyatası, who also criticizes the exchange rates sold to the Central Bank; “Tomorrow we will look for these sold currencies. A few months later, I said that tomorrow … Well, if we didn’t sell dollars at the back door, even if the dollar was 25 TL instead of 18, even if we had dollars at the Central Bank, we could import natural gas. Or if we could take medicine. The days we will say are near. ”He used his statements.

Meriç Köyatası said:

THIS IS A TOXIC GROWTH

“First of all, we are not discussing whether these inflation figures are credible or not. I agree that it is credible. There is growth there. But we used to call it hormonal, now it’s toxic growth to me.

Economic growth is actually a good thing. Increase well-being and distribute it equally among people. But with this growth we become poorer and poorer.

We ate the hormone, after all, we came to poisonous growth.

Why do we call it poisonous? Because as the economy grows like this, much of society becomes poorer. Debt is on the rise. Therefore, it is a toxic growth. It is not sustainable growth.

OUR DEBT INCREASES HOW MUCH WE GROW

People are robbed as they get older. As power and industrialists grow, citizens are robbed and power is enriched.

– The share of wages in national income has fallen from 36% two years ago to 25% today.

-As we grow, our debt increases, the current account deficit swells.

– The consumer who has money has turned to consumption even if he did not need it so that his money would not melt into inflation. This, in turn, has become a source of debt as the economy has grown. It is not healthy and sustainable growth.

The imbalance between inflation and interest rates in Turkey is the impoverishment of society and the main thing behind the robbery is the breakdown of the relationship between inflation and interest.

By breaking the relationship between inflation and interest, the government deceives us. They say they don’t work for the interest lobby, but they lie. Payments such as interest payments and currency-protected deposits increase each year in the budget, but the Turkish people pay the price.

According to TUIK, while there is an inflation of 80-90 percent, everyone who uses a loan; Anyone using a 30% loan with 144% inflation at TÜİK producer prices means they are using a profitable loan. He is making an unfair profit from the company that has nothing to do with loans.

“WE LOOK FOR A LOT OF THESE CURRENCIES SOLD BY THE BACK DOOR”

The Central Bank sells foreign currency through the back door. Tomorrow we will be looking a lot for these sold currencies.

A few months later I said that tomorrow .. We will freeze. If we didn’t sell dollars at the back door, even if the dollar was 25 TL instead of 18, even if we had dollars at the central bank, we could import natural gas. Or if we could take medicine. The days we will say are near “.

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