Kikapu wrote:Don't get stuck on my 1 year statement.
No of course I should not 'get stuckl' on what you actualy said and measure that against real historical facts, I should just suck up the essence of you propaganda even when it does not match actual historical facts at all.
You simply use the oldest statacians trick of choosing a start point that best reflects the argument you are trying to make. Even then it does not support your original BS claims. As the old saying goes there are lies, dam lies and statistics. Or maybe that should read there are lies , damm lies and GC propgandists claims about the value of the TL vs other currencies past present and future ?
The claim that you made was bollocks. It remains bollocks despite your 'graphs'. That is simple fact.
Kikapu wrote:You also forget the inflation factor on the Turkish currency where it's purchasing power is reduced when you have around 10% inflation rate per year. Add that to the loss of direct currency exchange between those major world currencies, and you reach 20% loss value in the TL in no time.
You clearly do not have the slightest understanding of these matters do you ? How much more or less of a given good in a foreign currecny I can buy with TL over time, having factored out the exchange rate movments, is not related to the infaltion rate in Turkey, but to the inflation rate of the currency in which I am buying in. To say the that the TL has lost x% vs another currency in a given time period, but because inflation in turkey in that time has been y% the real loss in the value of TL currency relative to the other one is x+y% is simply more bullshit from you. It just does not work that way. The exchange rate between two currecnies at a given point in time IS the relative values of those currencies at that point in time. To then 'modify' this fact by some other amount, like the inflation rate in turkey and then say actually this new modified amount is the relative values of said currencies is the idea either of an idiot or a propagandist. I give you the benefit of the doubt and call you a propagandist but I could be wrong you could just be an idiot. In fact its probably the case that you are both and idiot and a progandist but that is just speculation on my part.
You also seem to totaly misunderstand inflation and what it means to a normal person 'in the street'. An inflation rate of 10% in a country that has a general economic growth rate of 10% also , means in real terms people in that country are no better or worse off than someone in a country with an inflation rate of 0% and a economic growth rate of 0%. However for investors, foreign or domestic, the former is a much more attractive location for their funds than the later.
Kikapu wrote:So, it is not about propaganda as you seem to suggest, but facts, that the TL can only go one direction, and that is down.
You start with bullshit, shown to be BS by hard historical undeniable facts. You then try and justify that plain BS with slighlty more 'sophisticated' BS but BS none the less and then revert back to the plain old BS again, all in an effort to show you are not a propagandist ? Its laughable.
If you were and are right that there is only one direction that the TL can go in , then you and anyone who believes you, should be the richest person around, having used this 'knowledged' to sell the TL short on the markets and made a guaranteed profit. You are not I would venture to suggested the richest person around because your 'knowledge' is just BS - shown by historical undeniable data.
