{"id":14635,"date":"2012-04-26T08:01:12","date_gmt":"2012-04-26T06:01:12","guid":{"rendered":"http:\/\/www.bilgeyatirimci.com\/?p=14635"},"modified":"2012-04-26T08:01:29","modified_gmt":"2012-04-26T06:01:29","slug":"enflasyonla-mucadele-yeniden-on-planda-mi","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/enflasyonla-mucadele-yeniden-on-planda-mi\/","title":{"rendered":"Enflasyonla M\u00fccadele Yeniden \u00d6n Planda m\u0131?"},"content":{"rendered":"<p>Merkez Bankas\u0131&#8217;n\u0131n para politikas\u0131n\u0131 s\u0131k\u0131la\u015ft\u0131rarak enflasyonu tekrar \u00f6n plana \u00e7\u0131karmas\u0131n\u0131 yerinde ad\u0131m olarak de\u011ferlendirmek gerekiyor.<\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-4117467118\"><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>Bu sat\u0131rlar g\u00fcn \u0131\u015f\u0131\u011f\u0131na \u00e7\u0131kt\u0131\u011f\u0131nda Merkez Bankas\u0131 (TCMB) y\u0131l\u0131n ikinci enflasyon raporunu a\u00e7\u0131klayacak. Enflasyonun y\u00fcksek oldu\u011fu ve TCMB\u2019nin s\u0131k\u0131 say\u0131labilecek bir para politikas\u0131 izledi\u011fi bu d\u00f6nemde bu raporun \u00f6zel bir \u00f6nemi var.<br \/>\n2010 ba\u015f\u0131 ile 19 Ekim 2011 aras\u0131ndaki d\u00f6nemde bankalar\u0131n birbiriyle yapt\u0131klar\u0131 i\u015flemlerde ortaya \u00e7\u0131kan k\u0131sa vadeli piyasa faizlerinin ortalamas\u0131 y\u00fczde 6,5 kadard\u0131. O tarihten sonra ger\u00e7ekle\u015fen faizlerin ortalamas\u0131 ise y\u00fczde 10 oldu. Dolay\u0131s\u0131yla TCMB\u2019nin raporlar\u0131nda da belirtildi\u011fi gibi para politikas\u0131nda \u00f6nemli bir s\u0131k\u0131la\u015ft\u0131rma oldu. TCMB bu s\u0131k\u0131la\u015ft\u0131rmay\u0131 \u2018politika faizi\u2019 olarak adland\u0131rd\u0131\u011f\u0131 ve y\u00fczde 5,75 d\u00fczeyinde olan haftal\u0131k repo faizini bu d\u00f6nemde hi\u00e7 de\u011fi\u015ftirmeden ger\u00e7ekle\u015ftirdi. Bu nedenle bundan bir \u00f6nceki yaz\u0131mda TCMB\u2019nin ger\u00e7ek politika faizinin haftal\u0131k repo faizi olmad\u0131\u011f\u0131n\u0131 belirttim. TCMB\u2019nin ger\u00e7ek politika faizi 29 Kas\u0131m\u2019dan bu yana ba\u015fka. TCMB bu faizi \u2018fonlama maliyeti\u2019 olarak adland\u0131r\u0131yor. Bu ger\u00e7ek politika faizi, TCMB\u2019nin bankalara bor\u00e7 verdi\u011fi paran\u0131n faizini g\u00f6steriyor ve 29 Kas\u0131m\u2019dan bu yana ge\u00e7en s\u00fcrede ortalama de\u011feri y\u00fczde 8,2 oldu.<br \/>\nSon zamanlardaki bu s\u0131k\u0131la\u015ft\u0131rman\u0131n temel amac\u0131n\u0131n olduk\u00e7a y\u00fcksek bir d\u00fczeye \u00e7\u0131kan enflasyonla m\u00fccadele oldu\u011fu anla\u015f\u0131l\u0131yor. Enflasyondaki y\u00fckseli\u015fin arkas\u0131ndaki temel nedenleri biliyoruz. \u0130lki, \u00f6nce TCMB\u2019nin yapt\u0131klar\u0131, sonra da uluslararas\u0131 risk alma i\u015ftah\u0131n\u0131n azalmas\u0131 ile ilgili. 2010\u2019un sonlar\u0131ndan itibaren uygulanan liraya zamana yay\u0131lm\u0131\u015f bir s\u00fcre\u00e7te de\u011fer kaybettirme politikas\u0131 nedeniyle d\u00f6viz kurunda ger\u00e7ekle\u015fen art\u0131\u015f, Euro B\u00f6lgesi\u2019ne ya\u015fanan krizin derinle\u015fmesiyle birlikte keskinle\u015fti. Enflasyonu y\u00fckselten ikinci unsurda ise TCMB\u2019nin hi\u00e7 g\u00fcnah\u0131 yok. Hem kamunun kontrol\u00fcnde olan baz\u0131 mal ve hizmetlerin fiyatlar\u0131n\u0131n artt\u0131r\u0131lmas\u0131 hem de yurtd\u0131\u015f\u0131nda enerji fiyatlar\u0131ndaki art\u0131\u015f, T\u00fcrkiye\u2019de enflasyon \u00fczerinde yukar\u0131ya do\u011fru bask\u0131 yaratt\u0131.<\/p>\n<p>Yaz\u0131n\u0131n devam\u0131 i\u00e7in <strong><a href=\"http:\/\/www.radikal.com.tr\/Radikal.aspx?aType=RadikalYazar&amp;ArticleID=1086059&amp;Yazar=FATIH-OZATAY&amp;CategoryID=101\" target=\"_blank\" data-wpel-link=\"external\" rel=\"nofollow external noopener\">TIKLAYINIZ.<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Merkez Bankas\u0131&#8217;n\u0131n para politikas\u0131n\u0131 s\u0131k\u0131la\u015ft\u0131rarak enflasyonu tekrar \u00f6n plana \u00e7\u0131karmas\u0131n\u0131 yerinde ad\u0131m olarak de\u011ferlendirmek gerekiyor. Bu sat\u0131rlar g\u00fcn \u0131\u015f\u0131\u011f\u0131na \u00e7\u0131kt\u0131\u011f\u0131nda Merkez Bankas\u0131 (TCMB) y\u0131l\u0131n ikinci&hellip;<\/p>\n","protected":false},"author":16,"featured_media":894,"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-14635","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\/14635","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\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=14635"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/14635\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media\/894"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=14635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=14635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=14635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}