How do people in Turkey survive? Did everyone buy something instead of save it on a bank account? Or did they transfer the money to another country or just buy foreign currency? How can the economy handle this?
Sry I am spoiled…
I mean the Germans during the hyper inflation did as well. Turkey just does it with the more religious approach… Religiously voting for the guy responsible.
In the US at least, the vast majority of people live paycheck-to-paycheck, so as long as wages rise with prices inflation doesn’t affect most people. Wages rise with prices, right? Right?
Switzerland:
How do people in Turkey survive? Did everyone buy something instead of save it on a bank account? Or did they transfer the money to another country or just buy foreign currency? How can the economy handle this? Sry I am spoiled…
I mean the Germans during the hyper inflation did as well. Turkey just does it with the more religious approach… Religiously voting for the guy responsible.
They took some shitty Chinese loans
In the US at least, the vast majority of people live paycheck-to-paycheck, so as long as wages rise with prices inflation doesn’t affect most people. Wages rise with prices, right? Right?