{"id":2494,"date":"2022-04-18T03:00:00","date_gmt":"2022-04-18T10:00:00","guid":{"rendered":"https:\/\/bitcoinwisdom.com\/?p=2494"},"modified":"2022-04-18T06:06:21","modified_gmt":"2022-04-18T13:06:21","slug":"shared-history-of-bitcoin-and-todays-inflation","status":"publish","type":"post","link":"https:\/\/bitcoinwisdom.com\/tr\/shared-history-of-bitcoin-and-todays-inflation\/","title":{"rendered":"Bitcoin'in Ortak Tarihi ve Bug\u00fcnk\u00fc Enflasyon"},"content":{"rendered":"

Hoenig, 2010 y\u0131l\u0131nda, Federal A\u00e7\u0131k Piyasa Komitesi'nin tek oy hakk\u0131 olan \u00fcyesiydi (FOMC<\/a>) uzun s\u00fcreli m\u00fcdahaleye kar\u015f\u0131. QE'nin sonunda ekonomiyi istikrars\u0131zla\u015ft\u0131raca\u011f\u0131ndan ve enflasyona yol a\u00e7aca\u011f\u0131ndan endi\u015feleniyordu. Ayr\u0131ca, varl\u0131k balonlar\u0131 yaratacak olan bankalar\u0131n daha riskli kredi vermesini te\u015fvik edecektir.<\/p>\n\n\n\n

On y\u0131l sonra ve bu endi\u015feler ger\u00e7ekle\u015fti. Fed, oranlar\u0131 o kadar uzun s\u00fcre s\u0131f\u0131ra yak\u0131n tuttu ki, \u015fu anda 1%'den daha az getiri sa\u011flayan $7 trilyon devlet borcu var. Bu, Hoenig'in ilk kar\u015f\u0131 \u00e7\u0131kt\u0131\u011f\u0131 zamanki miktar\u0131n neredeyse iki kat\u0131. Getirilerdeki bu bask\u0131, yat\u0131r\u0131mc\u0131lar\u0131 daha riskli varl\u0131klara itti.<\/p>\n\n\n\n

Elbette maddi a\u00e7\u0131klamalar var. D\u00fcnyan\u0131n tedarik zincirleri birbirine d\u00fc\u011f\u00fcmlendi, limanlar yedeklendi ve k\u0131smen devam eden Rusya-Ukrayna sava\u015f\u0131 nedeniyle ekonomi i\u00e7in ger\u00e7ek yak\u0131t - petrol ve gaz - daha pahal\u0131 hale geliyor.<\/p>\n\n\n\n

Ba\u015fka bir a\u00e7\u0131klama, d\u0131\u015fsal olmayan fakt\u00f6rlerle ilgilidir. D\u00fcnyan\u0131n ba\u015f\u0131na bela olan COVID-19 kriziyle m\u00fccadele etmek i\u00e7in ABD'li politika yap\u0131c\u0131lar sadece iki y\u0131lda yakla\u015f\u0131k bir as\u0131rl\u0131k dolar bast\u0131. Trilyonlarca dolarl\u0131k niceliksel geni\u015fleme, bor\u00e7lanma maliyetlerinin a\u015fa\u011f\u0131 \u00e7ekilmesi ve finansal sistemin likidite ile doldurulmas\u0131 gibi istenen etkiyi yapt\u0131. Helikopter paras\u0131 dedi\u011fimiz \u015fey bu.<\/p>\n\n\n\n

Ama bu sonu\u00e7suz olmad\u0131. Paran\u0131n h\u0131z\u0131 veya belirli bir d\u00f6nemde mal ve hizmetlerle bir dolar\u0131n ne kadar de\u011fi\u015f toku\u015f edildi\u011fi \u00e7\u00f6kt\u00fc. ABD para arz\u0131n\u0131n geni\u015f bir \u00f6l\u00e7\u00fcs\u00fc olan M2 para arz\u0131, benzeri g\u00f6r\u00fclmemi\u015f seviyelere y\u00fckseldi.<\/p>\n\n\n\n

Para arz\u0131ndaki art\u0131\u015f, ekonomik aktivitedeki buna kar\u015f\u0131l\u0131k gelen bir art\u0131\u015fla e\u015fle\u015fmedi. Bu da enflasyon korkusuna yol a\u00e7t\u0131. Merkezi olmayan ve k\u0131t bir dijital varl\u0131k olan Bitcoin'in son aylarda fiyat\u0131n\u0131n artmas\u0131n\u0131n nedenlerinden biri de bu. Hisse senedi fiyatlar\u0131ndan emlak fiyatlar\u0131na, kripto varl\u0131klar\u0131na ve yatlara kadar her \u015fey kolay para d\u00f6neminde artt\u0131.<\/p>\n\n\n\n

Bitcoin ve enflasyonun ortak bir ge\u00e7mi\u015fi var. Bitcoin, 2008 mali krizinin ard\u0131ndan, d\u00fcnyan\u0131n d\u00f6rt bir yan\u0131ndaki merkez bankalar\u0131n\u0131n mali sistemi kurtarmak i\u00e7in para basmas\u0131yla ortaya \u00e7\u0131kt\u0131. Bitcoin'in yarat\u0131c\u0131lar\u0131, fiat para birimine o kadar kolay etkilenemeyecek bir alternatif yaratmak istediler.<\/p>\n\n\n\n

Federal Rezerv, ekonomiyi yava\u015flatmak ve enflasyonla m\u00fccadele etmek i\u00e7in bor\u00e7 verme oranlar\u0131n\u0131 art\u0131rma s\u00f6z\u00fcn\u00fc tutmak zorunda oldu\u011fu kritik bir konumda. Federal Rezerv, t\u00fcm bunlar\u0131 ba\u015fka bir varl\u0131k balonunu dengelemeden yapmak zorundad\u0131r.<\/p>\n\n\n\n

Kripto, her ikisi de enflasyonist ortam <\/a>ve arac\u0131s\u0131z etkili bir finansal sistem i\u00e7in yeni bir yol \u00e7izmenin yan\u0131 s\u0131ra. \u00d6zellikle Bitcoin, merkez bankac\u0131lar\u0131n\u0131n kararlar\u0131yla de\u011feri d\u00fc\u015f\u00fcr\u00fclemeyen k\u00fcresel bir rezerv varl\u0131k olmay\u0131 hedefliyor.<\/p>","protected":false},"excerpt":{"rendered":"

Hoenig, 2010 y\u0131l\u0131nda Federal A\u00e7\u0131k Piyasa Komitesi'nin (FOMC) uzun vadeli m\u00fcdahaleye kar\u015f\u0131 tek oy hakk\u0131 olan \u00fcyesiydi. QE'nin sonunda ekonomiyi istikrars\u0131zla\u015ft\u0131raca\u011f\u0131ndan ve enflasyona yol a\u00e7aca\u011f\u0131ndan endi\u015feliydi. Ayn\u0131 zamanda, varl\u0131k balonlar\u0131 yaratacak bankalar\u0131n daha riskli bor\u00e7 vermesini te\u015fvik edecektir. On y\u0131l sonra ve bu endi\u015feler ger\u00e7ekle\u015fti. Fed [\u2026]<\/p>","protected":false},"author":8,"featured_media":2502,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":2,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","_uag_custom_page_level_css":"","footnotes":""},"categories":[185,12],"tags":[130,172,240],"class_list":["post-2494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","category-news","tag-bitcoin","tag-crypto","tag-inflation"],"acf":[],"uagb_featured_image_src":{"full":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2022\/04\/nhoasqjxsbs.jpg",1600,1067,false],"thumbnail":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2022\/04\/nhoasqjxsbs-500x330.jpg",500,330,true],"medium":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2022\/04\/nhoasqjxsbs-300x200.jpg",300,200,true],"medium_large":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2022\/04\/nhoasqjxsbs-768x512.jpg",640,427,true],"large":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2022\/04\/nhoasqjxsbs-1024x683.jpg",640,427,true],"1536x1536":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2022\/04\/nhoasqjxsbs-1536x1024.jpg",1536,1024,true],"2048x2048":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2022\/04\/nhoasqjxsbs.jpg",1600,1067,false],"trp-custom-language-flag":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2022\/04\/nhoasqjxsbs.jpg",18,12,false]},"uagb_author_info":{"display_name":"Martin K","author_link":"https:\/\/bitcoinwisdom.com\/tr\/author\/martin\/"},"uagb_comment_info":0,"uagb_excerpt":"Hoenig, in 2010, was the sole voting member of the Federal Open Market Committee (FOMC) against long-term intervention. He worried that QE would eventually destabilize the economy and lead to inflation. It would also encourage riskier lending by banks which would create asset bubbles. Ten years later and those concerns have been realized. The Fed…","_links":{"self":[{"href":"https:\/\/bitcoinwisdom.com\/tr\/wp-json\/wp\/v2\/posts\/2494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinwisdom.com\/tr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinwisdom.com\/tr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinwisdom.com\/tr\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinwisdom.com\/tr\/wp-json\/wp\/v2\/comments?post=2494"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinwisdom.com\/tr\/wp-json\/wp\/v2\/posts\/2494\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinwisdom.com\/tr\/wp-json\/wp\/v2\/media\/2502"}],"wp:attachment":[{"href":"https:\/\/bitcoinwisdom.com\/tr\/wp-json\/wp\/v2\/media?parent=2494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinwisdom.com\/tr\/wp-json\/wp\/v2\/categories?post=2494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinwisdom.com\/tr\/wp-json\/wp\/v2\/tags?post=2494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}