{"id":11109,"date":"2021-12-29T00:24:55","date_gmt":"2021-12-29T00:24:55","guid":{"rendered":"https:\/\/www.kayifamilytv.com\/?p=11109"},"modified":"2021-12-29T00:25:08","modified_gmt":"2021-12-29T00:25:08","slug":"the-central-bank","status":"publish","type":"post","link":"https:\/\/kayifamilytv.com\/v18\/the-central-bank\/","title":{"rendered":"THE CENTRAL BANK"},"content":{"rendered":"<p>I tried to underline it in a part of <a href=\"https:\/\/kayifamilytv.com\/knockout\/\" title=\"KNOCK OUT\" rel=\"noopener\" target=\"_blank\">the article YESTERDAY<\/a>. I guess that&#8217;s the point! INDEPENDENCE OF THE CENTRAL BANK&#8230;<\/p>\n<p>Should it be independent? Who should it be independent of? To whom should it answer? Should it not be questionable by anyone? <\/p>\n<p>Since we pass it off with slogans, it is not emphasized much.As of October, CHP leader Kemal K\u0131l\u0131\u00e7daro\u011flu went and met with the Central Bank officials. At the exit, he answered the questions through the INDEPENDENCE OF THE BANK.<\/p>\n<p>Obviously, something important was being said, but no one answered! What was this independence? Protecting itself from those who came to power by voting? Or is it that it does whatever it wants? The Central Bank booklet contains the following statement&#8230;<\/p>\n<p>&#8220;Many central banks in the world continue to operate within the framework of the main objective of price stability. Central banks are the most important institutional element created in the historical process to increase economic welfare&#8230;&#8221;<\/p>\n<p>How much has this been implemented in Turkey and how successful has it been?<\/p>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-8052133319358801\"\n     crossorigin=\"anonymous\"><\/script><br \/>\n<ins class=\"adsbygoogle\"\n     style=\"display:block; text-align:center;\"\n     data-ad-layout=\"in-article\"\n     data-ad-format=\"fluid\"\n     data-ad-client=\"ca-pub-8052133319358801\"\n     data-ad-slot=\"8202041300\"><\/ins><br \/>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/p>\n<p>Let\u2019s continue&#8230;<\/p>\n<p>David Ricardo was the first to express the independence of the Central Bank. He made this emphasis in his work in 1824.<\/p>\n<p>Later, the decision of the German Central Bank to switch to the gold standard is an important turn. After many countries followed this, gold provided an efficient and stable payment system. Central banks began to print money only in exchange for gold reserves. But in the WWI and WWII, Bretton Woods changed some things. The model of INDEPENDENT CENTRAL BANKS that were accepted at the end of the day appeared&#8230;<\/p>\n<p>However, after the Second World War, a new era of empire began. And the power that kept this empire strong was money. This power was not a veil over the real economy, as was supposed in the past. It had become a guiding factor. Using this power to wage war, to stage a coup, to change the regime had become more effective and functional than the methods used in the past.<\/p>\n<p>IT WAS WHAT THE MONEY WAS! THAT&#8217;S WHAT IS NOT UNDERSTOOD!<\/p>\n<p>Then who were those who gave this spirit to MONEY and who managed the MONEY even though we didn&#8217;t see it? So who owns the money?<\/p>\n<p>We didn&#8217;t know&#8230; I think the new model announced by President Erdogan the previous day included rebellion. It wasn&#8217;t talked about much. However, Erdogan was resisting the OWNERS OF THE MONEY, those who connected their CENTRAL BANKS UNDER THE INDEPENDENCE SIGN.<\/p>\n<p>That&#8217;s actually what was done. WHAT HAPPENED TO THE DOLLAR? DID THE EURO FALL? We were chasing after the questions and didn&#8217;t see what needed to be seen&#8230;<\/p>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-8052133319358801\"\n     crossorigin=\"anonymous\"><\/script><br \/>\n<ins class=\"adsbygoogle\"\n     style=\"display:block; text-align:center;\"\n     data-ad-layout=\"in-article\"\n     data-ad-format=\"fluid\"\n     data-ad-client=\"ca-pub-8052133319358801\"\n     data-ad-slot=\"8202041300\"><\/ins><br \/>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/p>\n<p>Like a good friend of mine wrote, IT WAS THE 15TH JULY OF MONEY. Those who held the right to print money tendered it to a certain group. In the background there were the nobles. We were always fighting with each other. We were fighting those that the nobles gave the right to use and operate MONEY.<\/p>\n<p>With the commission they received, they often carried out political and economic operations wherever they wanted with secret orders. Until yesterday, Turkey was their testing ground. Erdogan did something else and RISED AGAINST THE OWNERS OF THE MONEY. This is the reason for the confusion in the opposition&#8230; They probably didn&#8217;t expect this&#8230; Erdogan, whom they said &#8220;he will leave, he is done&#8221;, made himself seen with the volley and ended the opposition.<\/p>\n<p>However, looking from the inside was not enough to understand what was going on. Those who want to move away from the essence of the subject, set the bar on &#8216;Foreign Currency Convertible TL Deposit Accounts&#8217;.<\/p>\n<p>This model first came to the fore in Turkey in the 1960s. It was applied to encourage foreign exchange inflow after COUP. The Central Bank gave currency guarantees to these accounts on behalf of the Treasury. In other words, the exchange rate difference was guaranteed to be covered from the budget. However, it was troublesome.<\/p>\n<p>They gave up on it. Then it was implemented in 1967. 3.5 billion dollars came from the citizens abroad. It was abolished when the capital and currency difference payments became an excessive burden on the Treasury. The late Demirel brought it back.<\/p>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-8052133319358801\"\n     crossorigin=\"anonymous\"><\/script><br \/>\n<ins class=\"adsbygoogle\"\n     style=\"display:block; text-align:center;\"\n     data-ad-layout=\"in-article\"\n     data-ad-format=\"fluid\"\n     data-ad-client=\"ca-pub-8052133319358801\"\n     data-ad-slot=\"8202041300\"><\/ins><br \/>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/p>\n<p>The oil crisis was hitting the world, and Demirel was embracing this model. The rising prices due to oil were being stopped. It was not reflected in the public. This model ended after a while when they started having problems with the refund! It was replaced by the IMF!<\/p>\n<p>Now they are trying to remid the old memories and reap the steps of the government. As soon as the government succeeds, time will tell us. However, there is no old TURKEY that needs 50 CENT. 66 percent of deposits are in EXCHANGE&#8230;<\/p>\n<p>There are 250 billion dollars in banks.. This is not a small number. The gold under the pillow is not even taken into account&#8230;<\/p>\n<p>President Erdogan&#8217;s ability to make a move against the OWNERS OF THE MONEY was not an expected step. For this reason, the opposition thought that the AK PARTY was over and started the meetings. However, it seems that they had a very different thing in mind.<\/p>\n<p>It actually started in 2009 with ONE MINUTE at DAVOS&#8230;<\/p>\n<p>We are at this point now&#8230;<\/p>\n<p>&nbsp;<br \/>\n&nbsp;<br \/>\n<a title=\"WakeUpUmmah\" href=\"https:\/\/www.facebook.com\/LeaderofTheUmmah\" target=\"_blank\" rel=\"nofollow noopener\">Follow WakeUpUmmah<\/a><br \/>\n&nbsp;<br \/>\n<a href=\"https:\/\/kayifamilytv.com\/become-a-kayifamily-sponsor\/\" target=\"_blank\" rel=\"noopener\">Become a KayiFamily Sponsor<\/a><br \/>\n&nbsp;<br \/>\n<em>23.12.2021<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I tried to underline it in a part of the article YESTERDAY. I guess that&#8217;s the point! INDEPENDENCE OF THE CENTRAL BANK&#8230; Should it be independent? Who should it be independent of? To whom should it answer? Should it not be questionable by anyone? Since we pass it off with slogans, it is not emphasized [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":11111,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[274],"tags":[],"class_list":["post-11109","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-political-articles"],"_links":{"self":[{"href":"https:\/\/kayifamilytv.com\/v18\/wp-json\/wp\/v2\/posts\/11109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kayifamilytv.com\/v18\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kayifamilytv.com\/v18\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kayifamilytv.com\/v18\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/kayifamilytv.com\/v18\/wp-json\/wp\/v2\/comments?post=11109"}],"version-history":[{"count":0,"href":"https:\/\/kayifamilytv.com\/v18\/wp-json\/wp\/v2\/posts\/11109\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kayifamilytv.com\/v18\/wp-json\/wp\/v2\/media\/11111"}],"wp:attachment":[{"href":"https:\/\/kayifamilytv.com\/v18\/wp-json\/wp\/v2\/media?parent=11109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kayifamilytv.com\/v18\/wp-json\/wp\/v2\/categories?post=11109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kayifamilytv.com\/v18\/wp-json\/wp\/v2\/tags?post=11109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}