What’s fueling Inflation in Turkey? Religious Government REGULATIONS in a once secular Islamic country, excessive government regulations work until they don’t! – January 5, 2022,

My schtick has always been government regulations, that’s why my investments remain constant, I’m a cash flow, dividend investor, I like capital gains, but I don’t invest for capital gains because in a real economy, in which the money is backed by Gold and Silver economics is simplified.

What most people don’t understand or don’t want to admit about capitalism is that it’s inherently DEFLATIONARY for the money supply. When people have real money in their pockets, in the form of Gold and Silver for example, they’ll only spend it if what their purchasing is worth the INVESTMENT. Rule by FIAT money is a completely different animal, rule by fiat money revolves around government policy.

The current Turkish government decided to abandon a lot of Western values and embrace more Conservative Islamic values and to do this the Turkish government inadvertently became very divisive. Regulations on the Turkish economy which led to Enes Kanter now called by his American name Enes Freedom leaving Turkey and being vocal about his displeasure with the current Turkish government is an ECONOMIC REGULATION.

Humans hate to be oppressed and when you oppress humans, they change their behavior. Capitalism as I like to point out is deflationary and the only way to create real inflation in a capitalist society is via INNOVATION! The more free humans are the more they innovate and yes, this goes both ways, when a corrupt individual is free to innovate they might create something destructive.

But freedom leads to innovation, a repressive government leads to more people questioning if they want to be creative, because being creative when the government bombards its citizens with regulations could land a person in prison. I don’t think Enes Freedom did anything wrong in Turkey, he merely said the wrong words. So because Enes Freedom a rich celebrity used the wrong words, the government wants to make an example out of him?

Now, imagine what the other rich and innovative people that could make Turkey a more wealthy country are thinking to themselves when they think of an innovative idea that could make them and their country more wealthy? They might be thinking “Well, maybe I shouldn’t innovate to get rich, because maybe I might end up like Enes Freedom and have to worry about the Turkish government coming after me or my family.”

In the real world, there are trade-offs to regulations and oppressive big governments, money can’t fix stupid, a dumb government regulation is a dumb government regulation and sometimes regulations don’t harm an economy right away, usually what happens is that when a business is harmed by government regulations goes bankrupt or closes its doors for good, it needs to be replaced, but if it’s not replaced because of government regulations, other businesses, it creates the problem of shortages.

When a bankrupt business is not replaced, this often leads to SHORTAGES, shortages, then lead to products or services becoming more scarce, and once products or services become scarce, the prices for those products or services will start to rise. Once prices begin to rise, the rulers of fiat money will assume this is an easy fix we merely need to adjust central bank policy to meet the demands of the marketplace, but not so fast, because most governments will not want to scale back prior regulations they put on the economy.

Now, because most people are ignorant about the damaging results of excessive government, most humans will assume that the evil greedy business person is the problem, and of course, the government trying to hold onto power will find someone to blame and this usually accelerates the shortage problems, which under a fiat monetary system equates to higher consumer prices.

Historically an economic collapse has to occur before people even consider austerity measures and to be truthful as we’ve seen in countries like Argentina, sometimes the people would rather have a constantly failing currency rather than allow the government to shrink in size. So with that said, now that you have some basic understanding of why the Lira is losing its value, invest your money wisely!

Turkey’s inflation hits a 19-year high of 36 per cent | ctvnews.ca

Interesting times ahead