{"id":58613,"date":"2019-07-20T13:15:46","date_gmt":"2019-07-20T10:15:46","guid":{"rendered":"https:\/\/www.bilgeyatirimci.com\/?p=58613"},"modified":"2019-07-20T12:33:51","modified_gmt":"2019-07-20T09:33:51","slug":"yanlis-oldugu-tescilli-yaklasimlarla-istikrar-arayisi","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/yanlis-oldugu-tescilli-yaklasimlarla-istikrar-arayisi\/","title":{"rendered":"Yanl\u0131\u015f oldu\u011fu tescilli yakla\u015f\u0131mlarla istikrar aray\u0131\u015f\u0131!"},"content":{"rendered":"<p>&#8211; wp:paragraph &#8211;><\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-803343778\"><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>Finansal piyasalardaki talimatl\u0131 y\u00f6nlendirmeler ve di\u011fer baz\u0131 geli\u015fmeler, para politikas\u0131n\u0131n gev\u015fetilmesi y\u00f6n\u00fcndeki zorlamalar\u0131n sonu\u00e7 vermek \u00fczere oldu\u011funu d\u00fc\u015f\u00fcnd\u00fcr\u00fcyor! Meclis&#8217;ten ge\u00e7en torba yasadaki yedek ak\u00e7eler ve zorunlu kar\u015f\u0131l\u0131klara ili\u015fkin d\u00fczenlemeler ile para otoritesinin y\u00f6netiminde yap\u0131lan de\u011fi\u015fiklik, bu olas\u0131l\u0131\u011f\u0131 g\u00fc\u00e7lendiriyor. \u00d6n plana \u00e7\u0131kan bu durum, ya\u015fananlardan hi\u00e7 ders alamad\u0131\u011f\u0131m\u0131z\u0131 ve yap\u0131sal sorunlar\u0131n \u00e7\u00f6z\u00fcm\u00fc konusunda herhangi bir \u00e7aban\u0131n s\u00f6z konusu olmad\u0131\u011f\u0131n\u0131 itiraf eden bir g\u00f6r\u00fcn\u00fcm sergiliyor!<\/p>\n<p>&#8211; \/wp:paragraph &#8211;><\/p>\n<p>&#8211; wp:paragraph &#8211;><\/p>\n<p>Uzunca bir s\u00fcredir ya\u015fad\u0131\u011f\u0131m\u0131z finansal ve ekonomik s\u0131k\u0131nt\u0131lar\u0131n sorumlusu olarak, para politikas\u0131n\u0131n s\u0131k\u0131 olu\u015funu temel sebep g\u00f6ren bu anlay\u0131\u015f\u0131n \u00e7\u00f6z\u00fcm \u00fcretebilme \u015fans\u0131 yoktur. Ge\u00e7mi\u015fe y\u00f6nelik bak\u0131\u015f a\u00e7\u0131s\u0131na dayal\u0131 ve gelece\u011fe ili\u015fkin tehlikeleri g\u00f6rmezden gelen tepkisel yakla\u015f\u0131mlar, art\u0131k hi\u00e7bir i\u015fe yaram\u0131yor. Para politikas\u0131 \u00e7ok daha gev\u015fek olsayd\u0131 ekonomideki olumsuzluklar daha s\u0131n\u0131rl\u0131 kal\u0131r ve siyasi y\u0131pranma daha az olurdu demek, i\u00e7inde bulundu\u011fumuz ko\u015fullar\u0131 hi\u00e7 anlayam\u0131yor olmakt\u0131r!<\/p>\n<p>&#8211; \/wp:paragraph &#8211;><\/p>\n<p>&#8211; wp:paragraph &#8211;><\/p>\n<p>Merkez Bankas\u0131 b\u00fcnyesindeki yedek ak\u00e7eler Hazine taraf\u0131ndan kullan\u0131lacak; ba\u015fka bir deyi\u015fle para politikas\u0131n\u0131 belirleyecek olanlar\u0131n iradesi d\u0131\u015f\u0131nda para politikas\u0131 gev\u015fetiliyor, piyasaya kal\u0131c\u0131 olacak \u015fekilde likidite aktar\u0131l\u0131yor olacak! \u00d6n\u00fcm\u00fczdeki hafta per\u015fembe g\u00fcn\u00fc toplanacak Merkez Bankas\u0131 Para Piyasalar\u0131 Kurulu ise faizler konusunda karar alacak; talimatl\u0131 i\u015flemler ve e\u011filimler yolu ile y\u00fcksek oranl\u0131 faiz d\u00fc\u015f\u00fc\u015f\u00fc sipari\u015f ediliyor!<\/p><div class=\"bilge-content-1\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-4203408950\"><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>&#8211; \/wp:paragraph &#8211;><\/p>\n<p>&#8211; wp:paragraph &#8211;><\/p>\n<p>Zorunlu kar\u015f\u0131l\u0131klara ili\u015fkin d\u00fczenleme ise para otoritesinin kullanabilece\u011fi yeni bir ara\u00e7 olarak \u00f6n plana \u00e7\u0131k\u0131yor ve para otoritesinin ara\u00e7 ba\u011f\u0131ms\u0131zl\u0131\u011f\u0131n\u0131n art\u0131k mazide kalm\u0131\u015f olabilece\u011fini d\u00fc\u015f\u00fcnd\u00fcr\u00fcyor! Para otoritesi kanal\u0131 ile kullan\u0131lacak, zorunlu kar\u015f\u0131l\u0131klar\u0131n kurumsal \u00e7apta farkl\u0131la\u015ft\u0131r\u0131labilecek olu\u015fu daha farkl\u0131 d\u00fc\u015f\u00fcnmeye izin vermiyor. Kredi kurumlar\u0131, muhtemelen sorunlu kredileri yap\u0131land\u0131rmaya ve yeni krediler vermeye zorlanacak; bu talebe olumlu yan\u0131t verenler ile vermeyenlerin zorunlu kar\u015f\u0131l\u0131k oranlar\u0131 farkl\u0131 y\u00f6nlerde de\u011fi\u015febilecek, bir \u015fekilde daha fazla risk almaya y\u00f6nelik zorlamalar devreye girebilecek! Bu yetki para politikas\u0131n\u0131n s\u0131k\u0131la\u015ft\u0131r\u0131lmas\u0131 i\u00e7in de kullan\u0131labilir; fakat siyasi irade herhalde b\u00f6yle olmayaca\u011f\u0131n\u0131 bildi\u011fi i\u00e7in bu yetkiyi veriyor!<\/p>\n<p>&#8211; \/wp:paragraph &#8211;><\/p><div class=\"bilge-content-2\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-2792362707\"><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>&#8211; wp:paragraph &#8211;><\/p>\n<p><a href=\"http:\/\/bit.ly\/pb-borfin-temel-analiz-1\" rel=\"external nofollow noopener\" data-wpel-link=\"external\" target=\"_blank\"><span style=\"color: #3366ff;font-weight:bold;\">TEMEL ANAL\u0130Z \u0130LE NASIL H\u0130SSE SE\u00c7\u0130L\u0130R? UZMANINDAN HEMEN \u00d6\u011eRENMEYE BA\u015eLA!<\/span><\/a><\/p>\n<p>&#8211; \/wp:paragraph &#8211;><\/p>\n<p>&#8211; wp:heading {&#8220;level&#8221;:6} &#8211;><\/p>\n<h6>Yaz\u0131n\u0131n devam\u0131 i\u00e7in <a href=\"https:\/\/www.aydinlik.com.tr\/yanlis-oldugu-tescilli-yaklasimlarla-istikrar-arayisi-ugur-civelek-kose-yazilari-temmuz-2019\" target=\"_blank\" rel=\"noreferrer noopener nofollow external\" aria-label=\"TIKLAYINIZ (yeni sekmede a\u00e7\u0131l\u0131r)\" data-wpel-link=\"external\">TIKLAYINIZ<\/a>.<\/h6>\n<p>&#8211; \/wp:heading &#8211;><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8211; wp:paragraph &#8211;> Finansal piyasalardaki talimatl\u0131 y\u00f6nlendirmeler ve di\u011fer baz\u0131 geli\u015fmeler, para politikas\u0131n\u0131n gev\u015fetilmesi y\u00f6n\u00fcndeki zorlamalar\u0131n sonu\u00e7 vermek \u00fczere oldu\u011funu d\u00fc\u015f\u00fcnd\u00fcr\u00fcyor! Meclis&#8217;ten ge\u00e7en torba yasadaki&hellip;<\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"open","ping_status":"closed","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":[808,801,2195],"class_list":["post-58613","post","type-post","status-publish","format-standard","hentry","category-tumyazilar","tag-ekonomi-makaleleri","tag-ekonomi-yazarlari-listesi","tag-ugur-civelek-yazilari"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/58613","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\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=58613"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/58613\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=58613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=58613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=58613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}