• sasquash@sopuli.xyz
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    6 days ago

    Switzerland:

    • 2015: 10.50$
    • 2024: 12$

    How do people in Turkey survive? Did everyone buy something instead of save it on a bank account? Or did they transfer the money to another country or just buy foreign currency? How can the economy handle this? Sry I am spoiled…

    • YourPrivatHater@ani.social
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      6 days ago

      I mean the Germans during the hyper inflation did as well. Turkey just does it with the more religious approach… Religiously voting for the guy responsible.

    • ChickenLadyLovesLife@lemmy.world
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      6 days ago

      In the US at least, the vast majority of people live paycheck-to-paycheck, so as long as wages rise with prices inflation doesn’t affect most people. Wages rise with prices, right? Right?