Türkiye (13 Viewers)

[kappa96]

"its monetary policy decisions do not have to be approved by the President or by anyone else in the executive or legislative branches of government"

Brrrrrrr

It's the same in my country also.
I think it's the same in the entire EU.
As long as there isn't any dictatorship or some form of autocratic leadership, the national bank should be independent from the political factor.

 

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[JuveJay]

Btw Turkish government renamed the country's English name from Turkey to Turkiye/Türkiye.

Isn't that just the Turkish version? There is no ü in English.

 

[The Quazis]

It's the same in my country also.
I think it's the same in the entire EU.
As long as there isn't any dictatorship or some form of autocratic leadership, the national bank should be independent from the political factor.

In Poland their decisions are independent but they are all being nominated by the government. So in theory, once they are elected they could whatever they want but if they do and it's not in line with what the gov wants, then they won't be reelected by this gov.

 

[kappa96]

In Poland their decisions are independent but they are all being nominated by the government. So in theory, once they are elected they could whatever they want but if they do and it's not in line with what the gov wants, then they won't be reelected by this gov.

Yeah. It's the same in România also.

 

[The Quazis]

Yeah. It's the same in România also.

What are the interest rates in Romania currently? Is the inflation raising rapidly?

 

[GordoDeCentral]

It's the same in my country also.
I think it's the same in the entire EU.
As long as there isn't any dictatorship or some form of autocratic leadership, the national bank should be independent from the political factor.

But if it doesn't answer to anyone what's to curtail its power, checks and balances you know. If you have time check out this video:

 

[Elvin]

If we renames all the other english words into turkish words as well then all Turks will be speaking english by birth

Brillant!

Nope, just the name of their own fuckin country ffs. They dont wanna be accociated with a bird anymore

 

[kappa96]

What are the interest rates in Romania currently? Is the inflation raising rapidly?

National bank interest rate is at 1.75%
Inflation at a whooping 8-10% thx to the electrical energy and natural gas prices soaring.
For housing, at private banks the intrest rate is between 6-8% per year.

How about Poland.

 

[Elvin]

Isn't that just the Turkish version? There is no ü in English.

The one with u instead of ü will also be acceptible I guess.

 

[kappa96]

But if it doesn't answer to anyone what's to curtail its power, checks and balances you know. If you have time check out this video:

The reverse could also be said.
What if the checks and balances use the National Bank power for their own monetary speculation.
As the Quazis and I said, their not completely independent or at least their leaders aren't.
Also theoretically political power could seize its independence at any point in time through the use of force fi they need to.

 

[Siamak]

What are the interest rates in Romania currently? Is the inflation raising rapidly?

not related to topic but I heard that there are very few cinemas in Romania.

 

[The Quazis]

National bank interest rate is at 1.75%
Inflation at a whooping 8-10% thx to the electrical energy and natural gas prices soaring.
For housing, at private banks the intrest rate is between 6-8% per year.

How about Poland.

Interest rates are at 1.75% while the inflation for November was 7.8%. Obviously the "real" inflation is much higher. Speaking of mortgages, in Poland it is the interest rate + bank's margin. I checked now and the margin is around 2% for most banks (so 3.75% in total).

The interest rates have been increased already two times recently and it's not the end. The inflation is soaring and people are getting more and more upset with the raising prices. We are yet to be hit with the new energy prices in 2022 which will only make the inflation grow further (at a much faster rate).

The inflation is caused by the social programs sponsored by the government and all the money that was given to the business for not working during pandemic. Our national debt has grown exceptionally since March 2020.

 

[GordoDeCentral]

Interest rates are at 1.75% while the inflation for November was 7.8%. Obviously the "real" inflation is much higher. Speaking of mortgages, in Poland it is the interest rate + bank's margin. I checked now and the margin is around 2% for most banks (so 3.75% in total).

The interest rates have been increased already two times recently and it's not the end. The inflation is soaring and people are getting more and more upset with the raising prices. We are yet to be hit with the new energy prices in 2022 which will only make the inflation grow further (at a much faster rate).

The inflation is caused by the social programs sponsored by the government and all the money that was given to the business for not working during pandemic. Our national debt has grown exceptionally since March 2020.

*Printed

 

[lgorTudor]

@DAiDEViL This captures about 90% of public school conversations here feeling young again

 

[DAiDEViL]

@DAiDEViL This captures about 90% of public school conversations here feeling young again

The Haggia Sophia one at the end

 

[JuventusUruguay]

I don’t like turkey, I prefer fried chicken, sorry.

 

[AFL_ITALIA]

Btw Turkish government renamed the country's English name from Turkey to Turkiye/Türkiye.

Is it still pronounced in the same way?

 

[Elvin]

Is it still pronounced in the same way?

You're supposed to pronounce every letter.

That's actually a general rule in Turkic languages.

 

[GordoDeCentral]

@Fred

 

[Elvin]

Well there you go - Islamic Finance is to blame.

People can tip-toe all they want, but Islam is a problem. When something is (supposedly) good but its effects are bad, what do you fuckin call it?!