Tax, fuel hikes... The inflation to increase even more...

Tax, fuel hikes... The inflation to increase even more...
Date: 19.7.2023 10:00

While tax increases and fuel hikes at the weekend ensure that inflation will increase even more, exchange rates do not stand still.

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While new records were seen in the dollar and euro yesterday, gold also got its share from this frenzy. While the dollar was based on 27 liras, the euro exceeded 30 liras and went up to 30.30 liras.
 
The gram of gold was 1,700 liras.
 
The share of the citizens fell, as usual, to "get a little poorer"!
 

INVOICE OF WRONG “IMPOVERISHMENT”

 
While the non-economic policies implemented, the persistence of the mistakes made and the constant "sweeping under the carpet" of the problems aggravate the problems in the economy, the bill of mistakes is "impoverishment".
 
The government, which propagated "we broke the neck of inflation" before the election, claimed that it returned to "rational ground" after the election, while admitting that inflation would rise "albeit a little".
 

A SIGN THAT INFLATION WILL RISE FURTHER

 
The government, which started to implement an "unnamed IMF program" under the name of "rational ground", began to make the people pay for its own mistakes with heavy tax hikes.
 
The tax increases at the weekend and the big hike in fuel were the signs that everything from needle to thread will go up and inflation will increase even more.
 

QUARTER GOLD TOWARDS 3,000 LIRA!

 
The exchange rates, which were "held" at the expense of "burning reserves" before the 14 May elections, exploded after the election, while the depreciation of the TL approached 40 percent in 2 months.
 
Turkey, which went to the elections with the dollar, which is 19.55 lira, and the euro, which is 21.50 lira, is talking about the dollar being based on 27 liras and the euro exceeding 30 liras.
 
While the dollar exceeded 26.90 yesterday, the euro climbed up to 30.30 liras. However, gram gold carried its historical record to 1,700 liras.
 
Quarter gold, which was once indispensable for weddings, was worth 2 thousand 800 liras, and republican gold was 11 thousand 100 liras.

YEREL HABERLER

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