How the so called "interest lobby" works ... Get 11% INTEREST RATE FOR YOUR DOLLAR
Average yearly interest rate for US dollars in US = %1- %1.5
Average yearly interest rate for TL in Turkey = %10-%11
Current rate between Dollars an TL.... 1 US dollar = 1.9 TL
1.You can make your 100 dollars in US ... 100 + (100X0.015) =101.5 dollars if you keep it in the bank for one year.
IF YOU ARE SURE THAT 1 DOLLAR=1.9 TL WILL REMAIN FAIRLY CONSTANT FOR A YEAR HOWEVER, YOU CAN CONVERT YOUR 100 DOLLARS INTO TL (makes, 190 TL) AND PUT IT INTO THE BANK IN TURKEY AT TURKISH INTEREST RATES. YOUR !90 TL IN THE BANK, AFTER 1 YEAR WILL BECOME,
2. 190 + (190 X 0.11) = 210.9 TL
at nearly unchanged exchange rates, you now have 210.9 /1.9 = 111 US Dollars.
Bingo! you have just increased your capital by 11%, in US Dollars.
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QUESTION
Who is supposed to maintain the rules so that this crooked plan does not work...ME ?
if you were smart you would get lots of internet girlfriend´s from usa and have them all send you a few american dollars in mail - claiming you never saw in real life the american money
