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The difference between the two being inflation. The inflation rate in Turkey is 14%.
by QuesnayJr 6y ago
The difference between the two being inflation. The inflation rate in Turkey is 14%.
- blueblisters 6y agoAre people downvoting you because you made an obviously true statement or because they don't understand how inflation targeting works? Folks, if it's the latter, I recommend you read a primer on inflation targeting here https://en.wikipedia.org/wiki/Inflation_targeting https://en.wikipedia.org/wiki/Inflation_targeting to learn how central banks do their magic.