• Property

I am one super happy man if the fixed deposit could give me 10 percent per annum. It is well below this wish for double digits though. I have to be grateful. There is one country where the interest rate is 50 percent. Of course, it’s inflation is higher and the reason why interest rate is so high is to keep the inflation at bay. It seems to be working. This country is Türkiye. The reason for a high inflation is because of price increase in education, housing and hotel prices.