{"id":13187,"date":"2012-03-21T14:30:01","date_gmt":"2012-03-21T12:30:01","guid":{"rendered":"http:\/\/www.bilgeyatirimci.com\/?p=13187"},"modified":"2012-03-21T15:30:12","modified_gmt":"2012-03-21T13:30:12","slug":"kuresel-piyasalar-yine-para-istiyor","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/kuresel-piyasalar-yine-para-istiyor\/","title":{"rendered":"K\u00fcresel Piyasalar Yine Para \u0130stiyor"},"content":{"rendered":"<p>Para, k\u00fcresel finans piyasalar\u0131n\u0131n vazge\u00e7ilemeyen afyonu haline geldi. Reel ekonomide ola\u011fan\u00fcst\u00fc bir etkisi olmasa da, parasal geni\u015fleme ba\u015fta hisse senedi ve emtiada olmak \u00fczere varl\u0131k fiyatlar\u0131n\u0131 \u015fi\u015firiyor, faizleri d\u00fc\u015f\u00fck tutuyor. Piyasalar da bunu istiyor.<br \/>\nFiyatlarda \u015fi\u015fme tamamen yarars\u0131z de\u011fil. Mali servetlerin artmas\u0131yla t\u00fcketim harcamalar\u0131 artabiliyor. Ekonomik birimler bir anlamda kredi almaya te\u015fvik ediliyor. Harcama art\u0131\u015f\u0131na bu yolla da destek veriliyor.<br \/>\nAmerika Merkez Bankas\u0131&#8217;n\u0131n (FED) portf\u00f6y\u00fcnde k\u0131sa vadeli bonolar\u0131 sat\u0131p uzun vadeli bonolar alarak uygulamaya koydu\u011fu kan\u0131rtma operasyonu (operation twist) da uzun vadeli faizlerin d\u00fc\u015f\u00fcr\u00fclmesi yoluyla harcamalar\u0131n art\u0131r\u0131lmas\u0131n\u0131 hedefliyordu. Bu giri\u015fimin ne derece faydal\u0131 oldu\u011funu \u015fimdiden kestirmek zor, ama zarar\u0131 olmad\u0131\u011f\u0131 a\u00e7\u0131k.<\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-1367935342\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"9580705384\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p><strong>FA\u0130ZLER NEDEN Y\u00dcKSEL\u0130YOR?<\/strong><br \/>\nAmerika&#8217;da 10 y\u0131l vadeli Hazine bonolar\u0131n\u0131n faizi ge\u00e7en haftaya kadar y\u0131ll\u0131k y\u00fczde 1.7 civar\u0131ndayd\u0131. \u0130ki ve be\u015f y\u0131ll\u0131k bonolar\u0131n faizi y\u00fczde 1&#8217;in alt\u0131ndayd\u0131. Ge\u00e7en haftadan beri bu resim de\u011fi\u015fti. Benzer bir olgu Avrupa&#8217;da da ya\u015fan\u0131yor. Kriz d\u00f6nemlerinde &#8220;sakin liman&#8221; olarak kabul edilen Amerikan ve Alman bono faizleri bir haftad\u0131r sert bir bi\u00e7imde y\u00fckseliyor. Y\u00fckseli\u015fler belki y\u00fczde yar\u0131m civar\u0131nda, ama \u00e7ok derin olan bu piyasalar i\u00e7in s\u00f6z konusu oynamalar ola\u011fan de\u011fil.<br \/>\nFaizler neden y\u00fckseliyor?<\/p>\n<p>Yaz\u0131n\u0131n devam\u0131 i\u00e7in <strong><a href=\"http:\/\/www.bloomberght.com\/ht-yazarlar\/ercan-kumcu\/1106721-kuresel-piyasalar-yine-para-istiyor\" target=\"_blank\" data-wpel-link=\"external\" rel=\"nofollow external noopener\">TIKLAYINIZ.<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Para, k\u00fcresel finans piyasalar\u0131n\u0131n vazge\u00e7ilemeyen afyonu haline geldi. Reel ekonomide ola\u011fan\u00fcst\u00fc bir etkisi olmasa da, parasal geni\u015fleme ba\u015fta hisse senedi ve emtiada olmak \u00fczere varl\u0131k&hellip;<\/p>\n","protected":false},"author":675,"featured_media":9441,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13187","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tumyazilar"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/13187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/users\/675"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=13187"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/13187\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media\/9441"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=13187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=13187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=13187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}