Istanbul: Turkish Doctoral Student Guler Reviewes the first edition of his favorite Thomas Mann collection published for 33 liras.
He found the second mold of the same two volumes sold the month later at the Istanbul bookstore for 70 liras (around $ 6 at the latest exchange rate).
Directly gave an example that weakened the uncertainty of the Turkish economic crisis that went berserk in almost all aspects of everyday life from shopping to education and culture.
The worried publisher can also kill the industry that offers a rare sound of diversity in a country where most media obey President Recep Tayyip Erdogan, a conservative government.
“I am a PhD student in international relations so I have to read a lot.
I spend almost 1,000 luxury a month on books on my reading list even though I also downloaded from the internet,” said Review.
“The price of a skyrocketing book.” – Essentials Over Books – The Turkish book industry is almost completely dependent on paper imports showing one of the shortcomings in Erdogan’s economic experiments has released the 84 million people in the past few months.
Erdogan has ripped off the book of the economic rules by regulating the cuts of sharp interest rates in an effort to bring down consumer prices in chronic prices.
Economists struggle to remember the last time a large country had done something similar because cheap loans were widely considered to cause inflation not cure it.
Turkish concerns about further erosion of their purchasing power encourage a surge in purchasing gold and dollars that remove almost half of the lira value in a matter of weeks.
The losses that accelerate Erdogan last week to announce the steps of new currency support supported by the implementation of exchange rate interventions that have succeeded in removing a small portion of the slide.
Some economists see this as a long-term solution.
Lira now routinely gains or loses five percent of its day.
Home owner Publishing Kirmizi Kedi Haluk Hepkon said he was worried all this uncertainty “will force people to prioritize buying important items and putting aside purchasing books”.
“You publish a book, and say it becomes a hit and the cost is 30 liras.
And you go to the second edition of the week and the price goes up to 35 liras,” said Hepkon AFP.
“Then for the third or fourth printing, only God knows how much it costs.” – Paying prices – Turkey’s last annual inflation reading in early December was established in 21 percent of opposition figures of claims parties being reported by the state.
The next report on January 3 is almost certain to show a large lump because Lira’s implosion has bunged the price of imported energy and raw material as needed to make paper.
Applied Economic Professor Steve Hanke from Johns Hopkins University calculates Turkey’s annual inflation rate is currently more than 80 percent.
The Turkish Publisher Association of President Kenan Kocatur said the global supply chain disorder caused by a pandemic Coronavirus has contributed to industrial problems by increasing the price of unbearable pulp.
Turkey imports raw materials because the paper factory itself has been privatized and mostly closed.
“Only two of them continued production while other machines were sold for memos and their land for sale,” Kocaturk said.
“Turkey pays the price not to see paper as a strategic asset.” – Resistance publishers have tried to minimize risk by planning to include fewer books in print in the coming year.
Heretical Publishing House said it would not print several books “because of an increase in exchange rates and extraordinary improvements in paper costs”.
Aras Publishing House Editor Rober Koptas said he was worried because the printer represents the sound of ideological “resistance” in Turkey.
“Almost all presss speak with the same voice and the university is being silenced,” Koptas said.
“But the culture is as important as food, and maybe more remembering there is a need for educated people to overcome economic misery,” added Hepkon Kirmizi Kedi.
AVID readers like Ibrahim Ozcay said the crisis had made them not buy their favorite books for friends.
“I was told that the book I wanted now was 38 Liras.
I bought it for 24 liras,” Ozcay said.
“They said this was caused by a lack of paper on the market, which did not surprise me.
Everything in Turkey was imported now,” he said.