I bet this has been discussed in the Biden regime.
As Lira Implodes, Turkey Proposes Huge Fines For “Hoarding”
On one hand Turkey’s currency is crashing because the country’s ruthless despot refuses to allow higher interest rates (in hopes the ensuing hyperinflationary collapse will cover his pillaging of Turkey’s wealth as he will simply blame “foreign financial terrorists” for what has been the biggest heist of Turkey’s wealth in modern history). And sure enough, the TRY fell another 2.75% today to a fresh all time low ahead of tomorrow’s insane rate cut by the Turkish central bank which will send the lira plunging even more in the coming days and spark even more hyperinflation.
So what is a scrambling Turkish government to do to prevent all out collapse? Apparently it hopes to legislate away hoarding.
According to T24, lawmakers from Turkey’s ruling Justice and Development Party’s (AKP) presented to Parliament a proposal for a new bill calling for increased fines against hoarding of food and other goods, a perfectly natural reaction to idiotic government policies that have resulted in the lira losing 50% of its purchasing power in just the past year!
The eight-article proposal calls for penalties ranging between 100,000 - 2 million liras (approximately $7,000 - $144,000) according to T24, and arrives as the country is faced with soaring inflation amid an economic downturn.
The bill refers to “practices by the producers, suppliers and retailers that lead to bottlenecks, disequilibrium in the market,’’ as well as “activities that alter free competition,’’ T24 said, calling for increased penalties that will serve as a greater deterrent to such moves.
Inflation in Turkey climbed to an annual 20.7 percent in November, with food prices rising 27.1 percent on average, according to official data, as the country grapples with a plunging currency.
The Turkish lira has lost around 40 percent of its value this year as President Recep Tayyip Erdoğan continues to double down on his unorthodox economic policy of keeping borrowing costs low.
Erdoğan has openly targeted stockpilers, blaming them for the surge in prices and threatening to impose more severe punishments. Of course, this is ironic to the point of lunacy: the only reason prices are surging is because Erdogan - who effectively controls the central bank with his personal appointees - is hoping to spark hyperinflation so the economy collapses and his pillaging of billions in Turkish wealth is not uncovered while he quietly disappears to some tropical paradise with hundreds of bars of confiscated gold.
https://www.zerohedge.com/political/lira-implodes-turkey-proposes-huge-fines-hoarding
Top secret JFK assassination files are FINALLY released: Lee Harvey Oswald was in contact with member of KGB two months before shooting and anonymous phone calls said Russia was behind it, trove of 1,500 documents reveal
UK Daily Mail ^ | 12/15/2021 | Jennifer Smith
More than 1,500 previously classified JFK assassination files have today been made public, including documents about killer Lee Harvey Oswald’s contact with a KGB agent two months before the shooting.
The files were released at noon on Wednesday by the National Archives, after months of delays by Biden who had promised to make them public but then stalled, claiming COVID backlogs was the reason.
They include memos detailing anonymous phone calls to the US embassy in Canberra, Australia, a year before the shooting, where the caller said the Soviet Government was plotting to kill Kennedy, and details of Oswald’s meeting with a KGB agent at the Soviet Embassy in Mexico City two months before the shooting.
Another call was placed on November 24, two days after the shooting, claiming the Russians were behind it.
Oswald’s wife Marina, who was was Russian, is referenced throughout the files. One details how a Moroccan student contacted the CIA after the shooting and claimed he had been her boyfriend. The relevance of that to the investigation is not known.
In September 1963, Oswald met with Consul Valeriy Vladimirovich Kostikov, a KGB agent. The meeting has been referred to in previous documents but new details emerged today. It’s unclear who initiated the meeting.
https://www.dailymail.co.uk/news/article-10312905/JFK-assassination-files-released-TODAY.html
https://freerepublic.com/focus/f-news/4021476/posts
I bet they have too!
That’s why I should hoard now, as much as possible.
But I don’t even know what to get.