Why the central bank raised rates and your rent went up
Elif explains interest rates through one Istanbul flat: how a central bank decision reaches a landlord's mortgage, a tenant's rent, and a savings account, in that order.

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Elif explains interest rates through one Istanbul flat: how a central bank decision reaches a landlord's mortgage, a tenant's rent, and a savings account, in that order.
Elif follows the price of a loaf of bread backwards through the baker, the mill, the farmer and the currency to explain what inflation is and why it is so hard to stop.
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