{"id":51294,"date":"2017-09-19T23:33:49","date_gmt":"2017-09-19T20:33:49","guid":{"rendered":"https:\/\/www.bilgeyatirimci.com\/?p=51294"},"modified":"2017-09-19T23:33:49","modified_gmt":"2017-09-19T20:33:49","slug":"cetin-unsalan-fedde-bizim-icin-degisen-ne-var","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/cetin-unsalan-fedde-bizim-icin-degisen-ne-var\/","title":{"rendered":"\u00c7etin \u00dcnsalan &#8211; FED\u2019de bizim i\u00e7in de\u011fi\u015fen ne var?"},"content":{"rendered":"<p><em><strong>T\u00fcrkiye de t\u00fcm d\u00fcnyada oldu\u011fu gibi \u00e7ar\u015famba g\u00fcnk\u00fc FED toplant\u0131s\u0131na kilitlendi. Faiz art\u0131\u015f\u0131 olacak m\u0131 ya da bilan\u00e7o k\u00fc\u00e7\u00fcltmesi ba\u015flayacak m\u0131? Herkesin g\u00f6z\u00fc bu toplant\u0131da. \u00c7\u00fcnk\u00fc d\u00fcnya ekonomisindeki hasar\u0131n boyutu, meseleyi finans piyasalar\u0131n\u0131n konusu olmaktan \u00e7\u0131kard\u0131.<\/strong><\/em><\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-3957833519\"><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>\u00d6rne\u011fin dolar kurundaki a\u015fa\u011f\u0131 ya da yukar\u0131 y\u00f6nl\u00fc her hareketlenme, maliyetlendirmeye etki etti\u011fi gibi, reel sekt\u00f6r\u00fcn de fiyat vermesini ya da al\u0131m yapmas\u0131n\u0131 olanaks\u0131z hale getiriyor.<\/p>\n<p>\u015e\u00fcphesiz buna bizim ba\u015f\u0131 \u00e7ekti\u011fimiz k\u0131r\u0131lgan ekonomilerin olu\u015facak hasar kar\u015f\u0131s\u0131ndaki korumas\u0131z foto\u011fraf\u0131n\u0131 da eklemek gerekir. Yani ABD\u2019deki bir kurumun karar\u0131na ba\u011fl\u0131 kalacak hale gelmek, biz de dahil d\u00fcnya i\u00e7in dramd\u0131r ve 2 binli y\u0131llar\u0131n globalle\u015fme kisvesine b\u00fcr\u00fcnm\u00fc\u015f kumar ekonomisinin bir sonucudur.<\/p>\n<p>Bu nedenle FED\u2019in ne yapaca\u011f\u0131ndan \u00e7ok, senaryonun bize ne getirece\u011fine bakmak laz\u0131m. Fakat o kadar k\u0131r\u0131lgan ve \u2018bug\u00fcn\u00fc de atlatt\u0131k\u2019 \u00e7izgisindeyiz ki, mesela artt\u0131r\u0131lmayan bir faize sevinebiliyoruz.<\/p>\n<p>Muhtemelen FED, y\u0131l i\u00e7inde bir kere daha art\u0131\u015f beklense de, bu toplant\u0131s\u0131nda da faiz artt\u0131rmayacak. Ama bilan\u00e7o k\u00fc\u00e7\u00fcltmeyle ilgili takvim a\u00e7\u0131klamas\u0131 bekleniyor. Faiz artt\u0131r\u0131rsa ne olur? Birka\u00e7 ay sonra ya\u015famam\u0131z\u0131n ka\u00e7\u0131n\u0131lmaz oldu\u011fu s\u0131k\u0131nt\u0131larla erken y\u00fczle\u015firiz. Sabit kal\u0131rsa da birka\u00e7 ay kazan\u0131r\u0131z.<\/p>\n<p>Zaten ekonominiz bu hale geldiyse ve halen bu k\u0131s\u0131r d\u00f6ng\u00fcden \u00e7\u0131kacak ger\u00e7ek\u00e7i projeler \u00fcretmiyorsan\u0131z; ya\u015fanacak son ka\u00e7\u0131n\u0131lmazd\u0131r. Fakat faiz art\u0131\u015f\u0131 gelmezse, yine finans\u00e7\u0131 jargonuyla bir iyimserlik havas\u0131 pompalanacak ve eldeki riskleri satacak birilerini bulma ihtimali canl\u0131 tutulacak.<\/p>\n<p>Hatta bilan\u00e7o k\u00fc\u00e7\u00fcltme belki de hi\u00e7 konu\u015fulmayacak. Oysa faiz artt\u0131\u015f\u0131yla ortaya \u00e7\u0131kan risklerle, bilan\u00e7o k\u00fc\u00e7\u00fcltmeye ba\u015flanmas\u0131yla ortaya \u00e7\u0131kan riskler a\u00e7\u0131s\u0131ndan bizim ad\u0131m\u0131za bir fark yok.<\/p>\n<p>Yani tarlan\u0131z\u0131n sulanma ihtiyac\u0131 varsa, birilerinin muslu\u011fu kapatmas\u0131yla, muslu\u011fa inceltici tak\u0131p, suyun miktar\u0131n\u0131 azaltmas\u0131 aras\u0131nda, y\u00fcksek oranda suya acil ihtiya\u00e7 duyan ki\u015fi a\u00e7\u0131s\u0131ndan bir fark yoktur.<\/p><div class=\"bilge-content-1\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-3805010927\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"3167340272\"\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>Her ikisinde de tarlay\u0131 sulama sorunu ya\u015far ve ekti\u011finin \u00fcr\u00fcn vermesi olanaks\u0131zla\u015f\u0131r. Siz tarlan\u0131zdaki kuyulara beton d\u00f6k\u00fcp, d\u0131\u015far\u0131dan su almay\u0131 ekonomi politikas\u0131 zannettiyseniz, sonra da kuruyan kuyulardan su alma tela\u015f\u0131na d\u00fc\u015ft\u00fcyseniz sorun \u00e7\u00f6zemezsiniz.<\/p>\n<p>\u00d6nce yapt\u0131\u011f\u0131n\u0131z yanl\u0131\u015f\u0131 g\u00f6rmeniz, sonra yeni su kaynaklar\u0131 i\u00e7in belki yeni kuyular a\u00e7man\u0131z, o s\u00fcre\u00e7te tarladaki \u00fcr\u00fcn\u00fc kurtarmak ad\u0131na alternatifler \u00fcretmeniz ve kendi tarlan\u0131z\u0131 kurtarmaya niyetli olman\u0131z laz\u0131m.<\/p>\n<p>Aksi takdirde \u00f6rnekten yola \u00e7\u0131karsak yiyece\u011finizi ithal eder ya da esas konuya d\u00f6nersek krizinizle y\u00fczle\u015fmemek i\u00e7in, FED\u2019in ters hareket yapmamas\u0131na dua edersiniz.<\/p>\n<p>Sonu\u00e7 mu? Onun yan\u0131t\u0131n\u0131 da Mustafa Kemal Atat\u00fcrk veriyor: \u201c\u00c7al\u0131\u015fmadan, \u00fcretmeden, yorulmadan rahat ya\u015famak isteyen toplumlar, evvela haysiyetlerini, sonra h\u00fcrriyetlerini, daha sonra da istikl\u00e2l ve istikballerini kaybetmeye mahk\u00fbmdurlar.\u201d<\/p><div class=\"bilge-content-2\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-4039347048\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"1818807385\"\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><a href=\"mailto:cetinunsalan@yahoo.com\">cetinunsalan@yahoo.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>T\u00fcrkiye de t\u00fcm d\u00fcnyada oldu\u011fu gibi \u00e7ar\u015famba g\u00fcnk\u00fc FED toplant\u0131s\u0131na kilitlendi. Faiz art\u0131\u015f\u0131 olacak m\u0131 ya da bilan\u00e7o k\u00fc\u00e7\u00fcltmesi ba\u015flayacak m\u0131? Herkesin g\u00f6z\u00fc bu toplant\u0131da.&hellip;<\/p>\n","protected":false},"author":5,"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":[904,808,801],"class_list":["post-51294","post","type-post","status-publish","format-standard","hentry","category-tumyazilar","tag-cetin-unsalan-yazilari","tag-ekonomi-makaleleri","tag-ekonomi-yazarlari-listesi"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/51294","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\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=51294"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/51294\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=51294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=51294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=51294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}