Osman Şenkul The Monetary Policy Board of the Central Bank of the Republic of Turkey (CBRT) took one of the most significant steps in recent history on 23 September 2021,…
Christine Lagarde It is a mark of how much our world has changed that a central banker speaks at the Munich Security Conference on supply chains. A decade ago, this…
Chris Skinner I just watched The Life of Chuck based upon a story by Stephen King (strongly recommended). Throughout the film, it constantly references Carl Sagan’s Cosmic Calendar. The Cosmic…
Levent Gürses International indicators are very important; they reveal Turkey’s place in the world and our situation in terms of the economy and social indicators. Let me mention just the…
Osman Şenkul Karl Marx said that people make their own history, but not in the way they want to: “People (men) make their own history, but they do not make…
Levent Gürses When January inflation came out high, forecasts changed. The Central Bank raised its inflation forecast from 13-19 per cent to 15-21 per cent. Even if inflation ends the…
Osman Şenkul Harvard academic Stephen M. Walt described US President Donald Trump’s strategy as ‘predatory hegemony’ in pursuit of short-term gains. Walt argued that such a strategy is not suited…
Chris Skinner This is not a headline I am happy to share but, after being scammed, it is time to share it. After all, you would think that, working in…
Levent Gürses January inflation was as high as expected. The topic of inflation was discussed throughout the week. Increases in wages, salaries, and monthly payments were sharply eroded starting in…
Osman Şenkul The earliest interest rates in history were expressed not in numerical units but in ‘unit fractions’. These were based on fractions of 1/60 in Mesopotamia, 1/10 in ancient…
IMF advice on inflation & interest rates
Osman Şenkul The Monetary Policy Board of the Central Bank of the Republic of Turkey (CBRT) took one of the most significant steps in recent history on 23 September 2021,…
Preparing for geo-economic fragmentation
Christine Lagarde It is a mark of how much our world has changed that a central banker speaks at the Munich Security Conference on supply chains. A decade ago, this…
Elon Musk: I am an alien
Chris Skinner I just watched The Life of Chuck based upon a story by Stephen King (strongly recommended). Throughout the film, it constantly references Carl Sagan’s Cosmic Calendar. The Cosmic…
We rank fifth in income inequality, and we are by far first in those who cannot afford meat or poultry
Levent Gürses International indicators are very important; they reveal Turkey’s place in the world and our situation in terms of the economy and social indicators. Let me mention just the…
A strong international alliance is needed to prevent war in the Middle East, just as it was centuries ago
Osman Şenkul Karl Marx said that people make their own history, but not in the way they want to: “People (men) make their own history, but they do not make…
While constantly losing ground in corruption and lawlessness, we are still in the top 10 despite setting new targets for inflation
Levent Gürses When January inflation came out high, forecasts changed. The Central Bank raised its inflation forecast from 13-19 per cent to 15-21 per cent. Even if inflation ends the…
Trump’s “predatory hegemony” was a losing strategy in history too
Osman Şenkul Harvard academic Stephen M. Walt described US President Donald Trump’s strategy as ‘predatory hegemony’ in pursuit of short-term gains. Walt argued that such a strategy is not suited…
Cryptocurrencies are rife with scams and money laundering
Chris Skinner This is not a headline I am happy to share but, after being scammed, it is time to share it. After all, you would think that, working in…
Inflation veered off course in January, failing to dip below 30% for a year
Levent Gürses January inflation was as high as expected. The topic of inflation was discussed throughout the week. Increases in wages, salaries, and monthly payments were sharply eroded starting in…
The solution for farmers and consumers is an interest waiver, just as it was 38 centuries ago
Osman Şenkul The earliest interest rates in history were expressed not in numerical units but in ‘unit fractions’. These were based on fractions of 1/60 in Mesopotamia, 1/10 in ancient…