[duman]

As a Turkish citizen I can say that the real inflation is much higher than 17% but they are trying to make it look lower by changing the formula constantly so they don't have to raise government employee's salaries so much. I would say the real inflation is closer to 50%.

[imtringued]

I didn't do much research so lets assume you are right but at the same time I hope you do not confuse asset prices with consumer prices. The PCI in the USA is correct and people still cry that it is manipulated.

If the government is under reporting inflation that is a problem with the government. The obvious solution is to just report correct inflation. Once the government has reported correct inflation numbers the Turkish central bank must raise interest payments and that would mean at least 52% interest. The fundamental problem doesn't change though. People are still fleeing the influence of the Turkish government, not the currency. You need to trust the government and the government must eliminate internal corruption.

[reducesuffering]

50% per year? How and where are you storing your savings in this circumstance?