How much has the purchasing power of 200 liras decreased in the presidential system?

President Recep Tayyip Erdoğan, in his speech on June 19, 5 days before the June 24, 2018 elections, said: “This kind of change and so on, none of these things will determine our future, we will determine our future. On the 24th, give this brother the authority, and then you will see how to deal with this and that with this interest.”

Erdogan was given the authority and on July 9, 2018, the presidential system of government was introduced. The presidential system is five years old. As the Turkish lira melted day by day against other currencies, Erdoğan said: “I am responsible for the economy” and said that “whoever buys dollars will be on foot.”

Looking at the macroeconomic data, it is seen that the Turkish economy is getting worse day by day in the presidential system, which is said to blow up the country’s economy.

With the depreciation of the Turkish lira and inflation at record levels, the money that entered the pockets of citizens was eroding day by day and purchasing power was diminishing.

Inflation has turned the purchasing power of our largest note, the 200 lira, into a bird. The 200 TL that entered our wallet for the first time on January 1, 2009 became a stamp with the presidential system.

Here is the amazing change in purchasing power of 200 lire in 5 years…