{"id":50332,"date":"2017-06-30T12:54:27","date_gmt":"2017-06-30T09:54:27","guid":{"rendered":"https:\/\/www.bilgeyatirimci.com\/?p=50332"},"modified":"2017-06-30T12:54:27","modified_gmt":"2017-06-30T09:54:27","slug":"mahfi-egilmez-parasal-sikilastirma-basliyor-mu","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/mahfi-egilmez-parasal-sikilastirma-basliyor-mu\/","title":{"rendered":"Mahfi E\u011filmez &#8211;\u00a0Parasal S\u0131k\u0131la\u015ft\u0131rma Ba\u015fl\u0131yor mu?"},"content":{"rendered":"<p><em><strong>Kapitalizmin bir \u00f6nceki b\u00fcy\u00fck krizi olan 1929 B\u00fcy\u00fck Depresyonundan \u00e7\u0131k\u0131\u015f i\u00e7in uygulanan politika; vergilerin d\u00fc\u015f\u00fcr\u00fclmesi ve kamu harcamalar\u0131n\u0131n art\u0131r\u0131lmas\u0131na dayal\u0131 Keynesyen mali geni\u015fleme politikas\u0131yd\u0131. <\/strong><\/em><\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-1145186812\"><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 politika ba\u015far\u0131l\u0131 oldu ve B\u00fcy\u00fck Depresyon atlat\u0131ld\u0131. 2008 y\u0131l\u0131nda ba\u015flayan K\u00fcresel Krizde bu kez mali geni\u015fleme de\u011fil parasal geni\u015fleme politikas\u0131 uyguland\u0131. D\u00fcnyan\u0131n d\u00f6rt b\u00fcy\u00fck merkez bankas\u0131 ad\u0131na niceliksel geni\u015fleme (quantitative easing \u2013 QE) denilen bir parasal geni\u015fleme politikas\u0131n\u0131 pe\u015f pe\u015fe uygulamaya soktu. Fed ve \u0130ngiltere Merkez Bankas\u0131 (BOE) ile ba\u015flayan ve ard\u0131ndan Avrupa Merkez Bankas\u0131 (ECB) ve Japonya Merkez Bankas\u0131 (BOJ) taraf\u0131ndan da uygulanan bu politikada esas konu para arz\u0131n\u0131n art\u0131r\u0131lmas\u0131yd\u0131. Merkez bankalar\u0131 bu art\u0131\u015f\u0131, tahvil ve benzeri k\u00e2\u011f\u0131tlar\u0131 ellerinde bulunduran banka ve kurumlardan sat\u0131n al\u0131p kar\u015f\u0131l\u0131\u011f\u0131nda onlara para vererek yapt\u0131lar. Merkez bankalar\u0131 para arz\u0131n\u0131 art\u0131r\u0131rken bir yandan da faizleri d\u00fc\u015f\u00fcrerek piyasada talep art\u0131\u015f\u0131 yaratmaya \u00e7al\u0131\u015ft\u0131lar. Bu politika da t\u0131pk\u0131 B\u00fcy\u00fck Depresyondaki mali geni\u015fleme politikas\u0131 gibi ba\u015far\u0131l\u0131 oldu. Hen\u00fcz kriz tamamen sona ermemi\u015f olsa da ABD\u2019den ba\u015flayarak sona ermenin g\u00fc\u00e7l\u00fc sinyallerini vermeye ba\u015flam\u0131\u015f g\u00f6r\u00fcn\u00fcyor. Brexit olay\u0131 olmasa muhtemelen \u0130ngiltere de ABD ile ayn\u0131 konumda olacakt\u0131.<\/p>\n<p>\u015eimdi art\u0131k yava\u015f yava\u015f gev\u015fek para politikas\u0131n\u0131 s\u0131k\u0131la\u015ft\u0131rman\u0131n zaman\u0131 geliyor. \u00c7\u00fcnk\u00fc gelecek kayg\u0131s\u0131n\u0131 ta\u015f\u0131yan t\u00fcketiciler bug\u00fcn fazla istekli olmasalar da bir s\u00fcre sonra ortadaki bu b\u00fcy\u00fck likidite bollu\u011funun etkisiyle harcamalar\u0131n\u0131 art\u0131racaklar. Asl\u0131nda bu e\u011filim ABD\u2019den ba\u015flayarak geli\u015fmeye ba\u015flad\u0131 bile. Talep art\u0131\u015f\u0131 \u00f6nce enflasyonu art\u0131racak, ard\u0131ndan merkez bankalar\u0131 faiz art\u0131rmak zorunda kalacaklar. B\u00f6ylece 2008\u2019den beri ya\u015fanan enflasyon yaratma \u00e7abas\u0131 eninde sonunda enflasyonu \u00f6nleme \u00e7abas\u0131na d\u00f6necek. Merkez Bankalar\u0131 bunu \u00f6ng\u00f6rd\u00fckleri i\u00e7in yava\u015f yava\u015f para politikas\u0131n\u0131 s\u0131k\u0131la\u015ft\u0131rma ad\u0131mlar\u0131n\u0131 atmaya ya da haz\u0131rl\u0131klar\u0131n\u0131 kamuoyuna duyurmaya ba\u015flad\u0131lar.<\/p>\n<p>Yaz\u0131n\u0131n devam\u0131 i\u00e7in <a href=\"http:\/\/www.mahfiegilmez.com\/2017\/06\/parasal-sklastrma-baslyor-mu.html\" target=\"_blank\" rel=\"noopener nofollow external\" data-wpel-link=\"external\">TIKLAYINIZ<\/a>. (Mahfiegilmez.Com)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kapitalizmin bir \u00f6nceki b\u00fcy\u00fck krizi olan 1929 B\u00fcy\u00fck Depresyonundan \u00e7\u0131k\u0131\u015f i\u00e7in uygulanan politika; vergilerin d\u00fc\u015f\u00fcr\u00fclmesi ve kamu harcamalar\u0131n\u0131n art\u0131r\u0131lmas\u0131na dayal\u0131 Keynesyen mali geni\u015fleme politikas\u0131yd\u0131. Bu&hellip;<\/p>\n","protected":false},"author":12,"featured_media":0,"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":[808,801,847],"class_list":["post-50332","post","type-post","status-publish","format-standard","hentry","category-tumyazilar","tag-ekonomi-makaleleri","tag-ekonomi-yazarlari-listesi","tag-mahfi-egilmez-yazilari"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/50332","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\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=50332"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/50332\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=50332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=50332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=50332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}