They say that the price of everything what they buy is increasing. Today 1 litre bottle of Coca Cola is 6 TL, but tomorrow it is 7 TL. Same goes for eggs, milk (are those cows and chickens fed with dollarbills?), bread, gasoline, oliveoil etcetera. When they complain about this, the shop-, store- or marketguy says its not his fault but the governments, because the lira is losing its value against the dollar and euro.
But tomorrow, or the day after tomorrow, or next week or next month or next year, when the lira gains value or when the economy recovers, they said that the prices of these articles wont go down, they stay at their record prizes like now. And thats THEFT.
They increase the prices in crisis-time, and they DONT GO BACK to the old prices if the crisis is over.
The people say that this is happening always in Turkey. 2 months ago i buyed 5 litres of sunflower oil for 65 TL. If a store owner then asked 115 TL for it, he would get killed with a bullet in his hairy Turkish butt.
But now it really is 115 TL. Almost 100% increase.
And when Erdogan is gone and the economy recovers and the crisis ends, that 115 TL will not go back to 65 TL.
So again THEFT, and again the supplyers and sellers make maximum profit. Thats the reason i hope that all markets and stores get broke and perish.
I hope you understand it now. There is no need to play the professor here, because the issue is not complex or rocket science.
If someone claims some carpet to be magic flying one (defying gravity)...I will have to see it in operation first (repeatedly preferably) first right?
You say
"if turkish lira were to gain tomorrow"....
Do you have a period of sustained serious gain in Turkish Lira at some point in last 10 years to study this effect (prices remaining high regardless of the imported input cost drop) you mention?
Surely you need to have evidence of it happening in past to project to future?
i.e Does the relevant period in question exist?
Especially one of a "115 to 65" TL/USD kind of gain (~ doubling of value) you set as the reference basis.
All graphs I see of Turkish Lira, its only every been one way (especially when factoring lead and lag time of prices i.e multiple months) in recent past....constantly losing value against USD (i.e import inputs all becoming expensive with time consistently).
and thus constant CPI pump in upwards direction...now being done even more drastically...
To see your effect's basis we would surely need to see at least a year of serious Turkish Lira gain against USD?....(and see price level hold or keep increasing to prove your effect during TL gain).
Problem is this gain period doesnt exist...unless you can point one to me.
"if turkish lira were to gain tomorrow" simply has not happened in the past from what I can see. You see different?
When Turkish suppliers and intermediaries have only seen input prices INCREASING (as measured by even AKP govt at whatever truth level)....how are they supposed to not transmit that to what they value-add to and sell?
================
With the USD--->EUR--->doom scenario stuff you saying (within any forseeable timeframe), again its case of you just squishing things into some top down "its got to happen this way, trust me" narrative rather than bottom up understanding of the issues involved.
You can simply see for yourself if anything pans out. Thats simplest way, rather than explaining things like what macro leverage ratios are (or what each of those 3 words individually mean to begin with)....much less what % say US, Euro area (and all big flywheels of the world economy) are at regarding those.
I mean how soon are you expecting this catastrophe? By end of 2022? 2023? At least some reasonable window we can hold you up to here?
Or is it another of the "sky falls tomorrow, but tomorrow never comes" kind of thing?
