What would be a "reasonable" interest rate in a country with a 21% inflation rate?

Submitted by Lan Astaslem (United States), Dec 29, 2021 at 23:33

What exactly would constitute "reasonable interest payments" in a country with a 21% inflation rate given that inflation could obviously go much higher, making risk much greater?

Like Dislike

Submitting....

Note: Opinions expressed in comments are those of the authors alone and not necessarily those of Daniel Pipes. Original writing only, please. Comments are screened and in some cases edited before posting. Reasoned disagreement is welcome but not comments that are scurrilous, off-topic, commercial, disparaging religions, or otherwise inappropriate. For complete regulations, see the "Guidelines for Reader Comments".

Submit a comment on this item

Reader comments (27) on this item

	Title	Commenter	Date	Thread
	Extra: "Turkey's Erdogan says he will visit Saudi Arabia in February" [209 words] w/response from Daniel Pipes	Robert	Jan 3, 2022 16:00	277965
	Seeking Restoration Away From Western Influences - Turkiye's Battle for Significance [149 words]	M Tovey	Jan 6, 2022 12:34	277965
1	If Turkey's Islamic fiscal policy is sinking its currency, why didn't that happen to past Islamic societies? [48 words] w/response from Daniel Pipes	MR Mathews	Jan 1, 2022 17:13	277935
1	Islamic Banking Began in Pakistan in the 1950's. [501 words]	Robert	Jan 2, 2022 18:35	277935
	Islamic Commerce Not Confined to Caravans Anymore [87 words]	M Tovey	Jan 3, 2022 10:24	277935
1	Central or National Banking in Turkey Under Erdogan [237 words]	Robert	Jan 3, 2022 13:03	277935
	Points of Interest In Islamic Banking [105 words]	M Tovey	Jan 3, 2022 17:18	277935
	Agree with M Tovey but I want to add something. [149 words]	Prashant	Jan 4, 2022 16:48	277935
	Further Proposition of World Finance Models Competition When Coorperation is Indicated [256 words]	M Tovey	Jan 5, 2022 11:02	277935
	Trade Deficit Is the Last Fundamental Problem [338 words] w/response from Daniel Pipes	David Ryan	Dec 31, 2021 00:28	277901
	Tentacles of Turkey's Lost Secularism are Hard to Sever [141 words]	M Tovey	Dec 31, 2021 17:20	277901
1	Erdogan's Internation Isolation and "Dialectical" Recent Change [506 words]	Robert	Jan 1, 2022 13:18	277901
2	Interest vs. Profit [101 words] w/response from Daniel Pipes	Robert	Dec 30, 2021 11:06	277876
1	Interest is the cost of money. [33 words]	Prashant	Dec 30, 2021 15:02	277876
1	Infation and It's Cost [215 words]	Robert	Dec 31, 2021 09:16	277876
2	A Penny Saved is a Penny Earned [80 words]	Renox	Jan 1, 2022 11:49	277876
1	Creative Islamic Banking - Replacing Interest with Profit [556 words]	Robert	Jan 1, 2022 16:18	277876
1	Sharia makes did not understand how money works [177 words]	Prashant	Jan 1, 2022 17:18	277876
	Middle East Finances Governed by Ancient Rules - Prohibited Under Religious Precepts [126 words]	M Tovey	Jan 1, 2022 17:43	277876
1	Alexis de Tocqueville and Turkey [241 words] w/response from Daniel Pipes	Dave	Dec 30, 2021 07:42	277873
1	Insightful response [62 words]	Prashant	Dec 30, 2021 17:42	277873
1	Charles-Louis de Secondat, Baron de La Brède et de Montesquieu and American Exceptionalism [463 words]	Robert	Dec 31, 2021 10:30	277873
	Liberal Democracy is often not realistic [239 words]	Dave	Jan 3, 2022 10:31	277873
	Prerequisites of democracy [85 words]	Jeff	Jan 3, 2022 18:45	277873
	Certain choices must be withdrawn from Muslims [202 words]	Prashant	Jan 4, 2022 11:28	277873
	What would be a "reasonable" interest rate in a country with a 21% inflation rate? [27 words] w/response from Daniel Pipes	Lan Astaslem	Dec 29, 2021 23:33	277860
	Mr. Erdoğan's "What Our Religion Tells Us" - Unique Unto Himself [230 words]	M Tovey	Dec 29, 2021 21:11	277858