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what are some strategies you see people using to mitigate this?
32 sats \ 4 replies \ @orto 4 Mar
Municipalities support the public to reduce the impact of inflation. There is cheap food, free fuel, clothing, etc. And of course, we are the country that uses cryptocurrencies the most. There is great demand for companies on the stock exchange that has somewhat corrected the depreciation of the currency. Bank interest rates are at 40%.🤣🤣🤣 Everyone is running away from the Turkish lira.
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hot damn, 40% interest lol is gold still popular over there as a hedge?
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32 sats \ 1 reply \ @orto 4 Mar
We have a crazy dictator. He thinks he is a sultan. Although he cheated in the elections, the people demanded an account in the local elections. He lost the municipalities. He lost the support of the people, and he still does not go to the general elections, saying his term is not over. He says, "I know the economy very well. I am an economist." 😂😂😂
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sounds like there are a few such politicians like that these days !
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21 sats \ 0 replies \ @orto 4 Mar
Yes, yes gold is always popular. We live in the middle east. People love gold here.
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