madman President Recep Tayyip Erdogan has turned to vegetarianism to save the precious Lira from further depreciating
What is the one similarity between dictators around the globe, whether it be in Venezuela, North Korea, or Turkey? All are Michelin star chefs suggesting, in fact, forcing new eating habits and palettes upon its populace.
Ankara, led by its madman President Recep Tayyip Erdogan has turned to vegetarianism to save the precious Lira from further depreciating as food wastage hurts the country’s economy by increasing food inflation.
Reportedly, Turkish lawmaker Zülfü Demirbağ who belongs to Erdogan’s AKP party remarked, “Instead of eating 1-2 kilos of meat monthly, let’s eat half a kilo. We buy 2 kilos of tomatoes and half of them go to the trash. Well, let’s get 2 tomatoes,”
Moreover, Erdogan and his minions believe that if the rule of law is respected, even Greenpeace would be jealous of the Turkish regime’s green push.
As reported extensively by TFI, Turkey used to be a prosperous economy. In fact, it used to be a bright shining spot as a liberal democracy, and a NATO member with a high economic growth rate. However, Erdoğan’s Islamist policies have destroyed the Turkish economy.
According to CNBC, inflation in Turkey is now near 20 percent, meaning basic goods have skyrocketed in price, and Turks’ local currency salaries are severely devalued.
Erdoğan opposes any move to hike interest rates even as Turkey faces very high inflation rates and a constantly depreciating currency. Currently, 1 US Dollar is equivalent to 12.43 Turkish Lira. Its value has declined in double digits in the last one month, from around 10 Lira per USD to 12.43.
Turkish, as well as World economists, have been stubbornly arguing that interest rates must be raised to restrict inflation. But Erdoğan believes that higher interest rates will further push inflation.
Sources privy to the matter believe that Erdogan is chained by the dogmas of Sharia, where increasing interest rates is seen as a frowned-upon practice.
In Islam, money has no intrinsic value – money, therefore, cannot be sold at a profit and is permitted to be used as per Sharia only. Meaning, there is no concept of charging interest in Islamic banking. Even if there is, the profits are minimized.
The Turkish President keeps cutting interest rates at regular intervals and cracks down on rational economists in his government who advocate increasing interest rates. The inclusion in the FATF (Financial Action Task Force) grey list is further squeezing the life out of its economy and making the lives of ordinary citizens difficult.
Source minus title: https://tfipost.com/2021/11/turkeys-wannabe-khalifa-wants-turks-to-turn-vegetarian-and-the-reason-will-leave-you-in-splits/
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