Some of my observations on high inflation in Turkey

Perhaps you know that Turkey has significantly higher inflation [108%, according to the government], which has some unusual effects on daily life. I wrote about some of these here in case economists are interested.

1 - Tags

Since the prices change every day, businesses are forced to change their sticker prices almost every day. employees dedicate a few hours a day to this. Some shopping websites have started to keep price charts.

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2 - Increase in purchase

It's kind of weird, People have adopted a mentality of buying everything they can today because they know the price will be more expensive tomorrow. They even buy things they wouldn't normally take. i think it keeps the economy alive

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3 - Installment

that's even weirder If you buy something in installments, the thing you get is almost free because the money loses its value over time.

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4- Rents

You pay 5000₺ rent in a beautiful place in Istanbul, a few years pass and puff 5000₺ has no value and your place of residence has become 50.000₺, but the landlord cannot increase the rent above a certain amount due to the laws [25%] if you leave the house, you will not be able to find a house in Istanbul again.