Anonymous ID: dee7a0 Jan. 22, 2022, 1:25 p.m. No.122500   🗄️.is 🔗kun   >>2501 >>2507 >>2515 >>2557

Turkey Said to See Inflation Rate Peaking at About 40% in 2022

 

Turkish Finance Minister Nureddin Nebati told economists he expects the inflation rate to peak at about 40% in the months ahead and not to surpass 50% this year, according to people who attended.

 

Nebati provided his most detailed outlook yet for consumer prices in 2022 during a meeting with 60 economists and analysts on Saturday in Istanbul, according to the people, who asked not to be identified because the event wasn’t public. The minister said the inflation rate may not fall below 30% until the end of the year, one of the people said. The Turkish Finance Ministry declined to comment.

 

Turkey’s inflation rate hit 36.1% in December, the highest since the beginning of President Recep Tayyip Erdogan’s 19-year rule. Inflation expectations for the next 12 months jumped to 25.37% from 21.39%, according to the central bank’s January survey of market participants. Some Wall Street banks predict last year’s currency crisis could push inflation beyond 50%.

 

The jump in prices was fueled by Turkey’s central bank cutting its benchmark rate by 500 basis points in four consecutive meetings, before announcing a pause to its easing cycle on Thursday. The aggressive easing was demanded by Erdogan, who argued that lower rates would contain consumer prices and boost growth. The lira’s depreciation and rising global energy prices were the biggest drivers of inflation.

moar

https://www.bnnbloomberg.ca/turkey-said-to-see-inflation-rate-peaking-at-about-40-in-2022-1.1711557

 

which means it will be worse.

Anonymous ID: dee7a0 Jan. 22, 2022, 1:39 p.m. No.122503   🗄️.is 🔗kun

>>122499

>Mellon Family, they are cabal.

yep

>They own the Wayback Machine site and https://archive.org/

did not know that

 

Andrew W. Mellon

Andrew W. Mellon served as secretary of the Treasury from March 4, 1921, to February 12, 1932. Under the provisions of the original Federal Reserve Act, this meant he was also ex-officio chairman of the Federal Reserve Board.

 

Mellon was born in Pittsburgh, Pennsylvania, in 1855. He graduated from the Western University of Pennsylvania in 1873. In 1874, he joined his father’s banking firm, T. Mellon & Sons, and in 1882 his father transferred bank ownership to Mellon.

 

Mellon began expanding his firm into industrial fields such as aluminum, steel, oil, coal, and coke by providing capital for corporations. Mellon’s financial backing led to the creation of the Aluminum Company of America and the Gulf Oil Company. He also helped found the Union Steel company, which eventually merged with United States Steel Corporation. In 1889, Mellon helped organize the Union Trust Company and Union Savings Bank of Pittsburgh. By the 1920s, Mellon was one of the wealthiest men in the United States.

 

In 1921, President Warren G. Harding appointed Mellon to lead the Treasury. He was tasked with reducing the large federal debt that resulted from World War I. Mellon sought to increase revenue by lowering tax rates in the hopes of both stimulating economic activity as well as increasing overall tax revenue by encouraging more people to actually pay their taxes. His plan cut taxes across the board and was enacted by Congress in the Revenue Acts of 1921, 1924, and 1926. The top marginal tax rate fell from 73 percent in 1922 to 24 percent in 1929. Mellon’s policies proved effective in lowering the national debt, but the onset of the Great Depression caused the debt to rise again, and the top tax rate increased to 80 percent.

 

As an ex-officio member to the Federal Reserve Board, Mellon favored interest rate hikes to help curtail speculation in 1929 and was against stimulus packages. As the economy failed, Mellon’s critics called for his ousting. In 1932, he resigned from the Treasury amidst accusations of improper business ties and impeachment proceedings. He was appointed ambassador to England, a post he held from 1932 to 1933.

 

Mellon was an avid collector of art and in 1937 he donated $10 million to construct the National Gallery of Art in Washington, DC He also founded the Mellon Institute of Industrial Research with his brother in 1913, which later became Carnegie Mellon University.

 

Mellon died in 1937.

https://www.federalreservehistory.org/people/andrew-w-mellon

Center of Cap

 

One of the other Mellon family members was a big backer of Ripple too....Matthew Mellon

 

Famous Ripple Cryptocurrency Investor Matthew Mellon dies aged 54

https://cryptocurrencynewsroom.com/famous-ripple-cryptocurrency-investor-matthew-mellon-dies-aged-54/

 

Faked his death imo as he was supposed to check himself into a rehab facility (in Cancun...sure breh) but "died" the day before he was supposed to arrive for that.

 

excerpt

Updated on April 18, 2018, 3:25 p.m .: A Clear Sky Recovery spokesman made a statement to the Daily Dot claiming Mellon died prior to scheduled check-in at his hotel’s rehab center specializing in ibogaine treatment.

 

“Matthew Mellon arrived in Cancun Mexico with his private entourage on Sunday, April 15, 2018. He arrived on a private plane and checked into his hotel in Cancun Mexico.

 

“Mr. Mellon was scheduled to check-in at Clear Sky Recovery on Monday, April 16, 2018. We received a message that he had died at his hotel on the morning of April 16, prior to his scheduled check-in. We have no further comment on this unfortunate situation. “

https://cryptocurrencynewsroom.com/famous-ripple-cryptocurrency-investor-matthew-mellon-dies-aged-54/

Anonymous ID: dee7a0 Jan. 22, 2022, 4:54 p.m. No.122515   🗄️.is 🔗kun

#832 update

>>122430, >>122431, >>122432, >>122433, >>122449, >>122461, >>122467, >>122477, >>122479, >>122481, >>122483, >>122484 Saturday eyez on the skyz

>>122511 Peter Schweizer’s ‘Red-Handed’ Exposes Communist China’s Silicon Valley Sympathizers-breitbart

>>122500, >>122501 Turkey Said to See Inflation Rate Peaking at About 40% in 2022

>>122486 Boatfag report

>>122480 US Army Twat: Special Delivery!

>>122475 psaki sez she luvs working for obama

>>122458 Lab monkeys escape after US road crash, one on the loose

>>122402 Isreal: Quadruple vaxxed, mask mandates, covid passports, 5% of the entire population covid positive

>>122401 WATCH: A massive Canadian trucker convoy is on its way to Ottawa to participate in the trucker vaccine mandate protest.

>>122400 This Is How The WEF Introduces The Prime Minister of Australia At Davos... Are Those Credentials? Or Marching Orders?

>>122398 Rasmussen Reports: The boyz in the starched 'Quantico Fit' kacki pants are back!

>>122397 Sharyl Attkisson: How Propagandists Co-Opted ‘Fact-Checkers’ and the Press to Control the Information Landscape

Anonymous ID: dee7a0 Jan. 22, 2022, 5:11 p.m. No.122520   🗄️.is 🔗kun   >>2557

FAKE28 US Navy E-6 B Mercury over Delaware River after some off-shore werk

VALOR30 USAF G5 on ground at Philadelphia from it's Long Beach Airport ground stop earlier

 

No tanker visible over Camp David (where Not AF1 Joe supposed to be) however this conveys enuf of a message.

Anonymous ID: dee7a0 Jan. 22, 2022, 6:10 p.m. No.122533   🗄️.is 🔗kun

>>122532

It just took time

Said it on Oct 2 2020

>"post until I expose you all"-as was said on that date by them

I counted on dat.

HAHAHAHAHAHAHAHAHAHA!

 

Karma a huge bitch