10 sats \ 0 replies \ @Natalia OP 6 Jan freebie \ parent \ on: My Experience of Living in Turkiye under Soaring Inflation 🇹🇷 bitcoin
The price of goods is very complex. You have producers reducing the portions, diluting quality/purity, and finding more innovative ways to keep prices down. This masks / distorts the affects of currency inflation. Many things other than currency inflation will affect prices as well.
correct!
Other nations do not get these benefits. Only the negative effects
not really, it actually depends on how you see it, for example
  1. more exports from Turkiye thanks to weak Lira
  2. more tourists coming here, especially medical tourism
it's really interesting in this inflation dance, but you need to make sure you are on the right side!
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