Comments by "Samson Soturian" (@samsonsoturian6013) on "Turkey's Crazy Inflation Problem - What the Hell is Happening with the Lira?" video.

Of course Turkey has had an historic inflation problem. They're all as incompetent as Erdogan. And baseless blame shifting simply makes you look equally dishonest and incompetent.
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@Gabriel-fr3sd You have only a high school degree, don't you?
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You mind lending me that crystal ball when you're done?
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@Gabriel-fr3sd you wouldn't even know what the Federal Funds Rate is, do you?
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@Zach B it varies wildly year to year and is pretty low right now. Turkey's interest rate has gone north of 100% three times in the last century. I know a country's got problems if my credit rating is better than their government's
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That's simply not the case. Turkey's schools ramge from the rudimentary to the fraudulent, and government appointments are wholly based on nepotism and bribes. Ergo, the officials say things that sound good even if it doesn't withstand basic scrutiny.
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Italy actually intentionally devalued its currency for a long time. The reason was they relied on exports.
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Shut up
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@sitaroutreachministry6289 shut up
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@grimaffiliations3671 Not the kind of inflation this idiot is BSing about
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Sharia bans interest because back in the middle interest it was considered a dirty business practice in much of the world. That didn't mean it wasn't common practice, though.
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@TheLouisianan Yeah, that's where the Jewish stereotype came from (especially when combined with how Jews generally weren't allowed to have noble titles or be landlords). But loans were still common in Europe, they simply paid in creative ways. The Templars would charge "rent" for their services that included loans, while nobles took payment from each other in the form of treaties.
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@pragmatiste Turkey's Muslim in the same way the US and EU are Christian.
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Really? Then why is stuff that idiot said conflict with stuff that shows up in high school textbooks? Noteworthy is the scheme to combat rising prices includes printing bills
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It's the middle east. The answer always is a mix of corruption, incompetence, and infighting.
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Not if you know anything
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Never been so
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Shut up
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At least one of central bankers in question stole Turkey's currency reserves.
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Or you
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@brethitmanhart275 yeah, usery was considered a dirty business practice back in the middle ages in most of the world. But in Turkey there are lots of people who read the qoran but almost no one that's read The Wealth of Nations. Hense they don't charge interest and try to solve inflation by printing money.
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To be fair, bankers in this part of the world have always been notorious for predatory lending. Think farmer loan with 25% interest, and having no choice but to take it.
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@Austin Byrd no, it's because they're all liars. For instance, most of the lenders in Palestine and Jordan are registered as "charities," receive donations, and use that money in for-profit lending. Even UNRWA, who posts jobs available for investment bankers in plain sight.
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The next guy will be equally incompetent.
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NATO membership isn't relevant to this shit
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@Sedna063 dude, most religious laws cover things like theft and murder. Lose the anti-religious nonsense.
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@Sedna063 keep your daddy issues to yerself, pendejo.
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@pragmatiste shut up you arrogant fool. No one cares if you hate your parents.
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Their Turks. They'll find an excuse to rob someone no matter what anyone does.
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No one in Turkey knows a thing about economics.
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@birdakikadayemek6599 You sure as hell don't.
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Of course. But the Fed didn't mean transitory in the way you're asserting. Inflation is tapering off and things will return to normal, and anyone who ain't a liar knows that
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Yep. I am
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That simply didn't happen. The Federal Funds Rate was a major factor, but politicians don't control that
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Put that back up your butt where you got it.
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