Author Topic: 500 QUID  (Read 6880 times)

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Offline Scunner

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Re: 500 QUID
« Reply #30 on: February 04, 2013, 17:21:09 PM »
I'd also add to busybee's comment that Turkey is the World leader for unexpected expenses cropping up.


Offline Highlander

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Re: 500 QUID
« Reply #31 on: February 04, 2013, 18:16:48 PM »
The thing that would worry me would be inflation. If over the next 5 years inflation was the same as over 2008 - 2013, then things would be nearly 50 % more expensive in 2018 than they are now :(.


Offline Scunner

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Re: 500 QUID
« Reply #32 on: February 04, 2013, 18:33:19 PM »
Well, based on Lance's figures - my cooked chicken, ciggies and beer have gone from 7.5TL total for one of each in 2004 to 21TL today, suggesting prices treble roughly every 9 years. That would make a cooked chicken 30TL in 2022. Not very scientific I know but gives you an idea at least. I remember paying 19 TL for a bottle of vodka in around 2006, someone in the chat room said it is around 55TL now? 

As also mentioned earlier, interest rates are on the way down - never up - so living on interest (which was a noble profession once!) now means that as life continues, you have far less money each month to buy things that at the same time are getting more and more expensive.

Offline Kevin Sowten

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Re: 500 QUID
« Reply #33 on: April 20, 2013, 07:27:53 AM »
Not forgetting that people retiring 'early' to Calis are only bridging a gap until their state pensions arrive   :)
(and I believe these are now index linked despite Turkeys non EU status.
Roll on raging inflation in UK when we are drawing ours  ;D ;D ;D




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