{"id":89489,"date":"2026-01-14T13:48:06","date_gmt":"2026-01-14T13:48:06","guid":{"rendered":"https:\/\/ikimisli.tr\/?p=89489"},"modified":"2026-01-14T13:48:06","modified_gmt":"2026-01-14T13:48:06","slug":"nobel-odullu-acemoglundan-fed-uyarisi-siyasi-baski-ekonomik-refahin-temellerini-sarsar","status":"publish","type":"post","link":"https:\/\/ikimisli.tr\/index.php\/2026\/01\/14\/nobel-odullu-acemoglundan-fed-uyarisi-siyasi-baski-ekonomik-refahin-temellerini-sarsar\/","title":{"rendered":"Nobel \u00f6d\u00fcll\u00fc Acemo\u011flu\u2019ndan Fed uyar\u0131s\u0131: Siyasi bask\u0131 ekonomik refah\u0131n temellerini sarsar"},"content":{"rendered":"<p>K\u00fcresel ekonomi d\u00fcnyas\u0131, Fed Ba\u015fkan\u0131 Jerome Powell\u2019a y\u00f6nelik artan bask\u0131lar ve Adalet Bakanl\u0131\u011f\u0131\u2019n\u0131n mahkeme celpleriyle sars\u0131l\u0131rken, hususa dair en \u00e7arp\u0131c\u0131 yorum kurumlar \u00fczerine yapt\u0131\u011f\u0131 \u00e7al\u0131\u015fmalarla Nobel \u0130ktisat \u00d6d\u00fcl\u00fc\u2019ne lay\u0131k g\u00f6r\u00fclen Prof. Dr. Daron Acemo\u011flu\u2019ndan geldi. Bloomberg TV&#8217;ye konu\u015fan Acemo\u011flu, merkez bankas\u0131 ba\u011f\u0131ms\u0131zl\u0131\u011f\u0131n\u0131n bir l\u00fcks de\u011fil, \u00e7a\u011fda\u015f iktisad\u0131n ayakta kalmas\u0131 i\u00e7in &#8220;zorunluluk&#8221; oldu\u011funu tabir etti.<\/p>\n<p><b>PAA S\u0130YASET\u0130 MERKEZ BANKASI L\u0130DER\u0130N\u0130N S\u0130YAS\u0130 ANLAYI\u015eINA NAZARAN \u015eEK\u0130LLENEMEZ<\/b><\/p>\n<p>R\u00f6portajda, Fed\u2019in faiz kararlar\u0131 nedeniyle cezai soru\u015fturma tehdidiyle kar\u015f\u0131 kar\u015f\u0131ya kalmas\u0131n\u0131 pahaland\u0131ran Acemo\u011flu, bu durumu tehlikeli bir emsal olarak nitelendirdi. Acemo\u011flu, &#8220;E\u011fer para siyaseti bir liderin tercihlerine yahut siyasi ajandas\u0131na nazaran \u015fekillenmeye ba\u015flarsa, piyasalar\u0131n itimad\u0131 kal\u0131c\u0131 olarak sars\u0131l\u0131r. Fed&#8217;in ba\u011f\u0131ms\u0131zl\u0131\u011f\u0131, fiyat istikrar\u0131 ve ekonomik b\u00fcy\u00fcmenin temel ta\u015f\u0131d\u0131r&#8221; dedi.<\/p>\n<p><b>K\u00dcRESEL MERKEZ BANKALARINDAN TAKV\u0130YE MESAJI<\/b><\/p>\n<p>Avrupa Merkez Bankas\u0131 (ECB) ve \u0130ngiltere Merkez Bankas\u0131 (BoE) \u00fczere dev kurumlar\u0131n Powell ile &#8220;tam dayan\u0131\u015fma&#8221; i\u00e7inde olduklar\u0131n\u0131 a\u00e7\u0131klamas\u0131n\u0131 yorumlayan Nobel \u00f6d\u00fcll\u00fc ekonomist, bu e\u015fg\u00fcd\u00fcml\u00fc reaksiyonun ciddiyetine dikkat \u00e7ekti:<\/p>\n<p>&#8220;D\u00fcnya genelindeki merkez bankac\u0131lar\u0131n bu formda ortak bir bildiri yay\u0131nlamas\u0131 ola\u011fan ko\u015fullarda g\u00f6rd\u00fc\u011f\u00fcm\u00fcz bir durum de\u011fil. Bu, global finans sisteminin \u00e7apas\u0131n\u0131n (Fed) ne kadar b\u00fcy\u00fck bir tehdit alt\u0131nda oldu\u011funun en net ispat\u0131d\u0131r. Kurumsal \u00f6zerkli\u011fin savunulmas\u0131, yaln\u0131zca ABD i\u00e7in de\u011fil, global finansal istikrar i\u00e7in de hayati ehemmiyet ta\u015f\u0131yor.&#8221;<\/p>\n<p><b>&#8220;KURUMLAR B\u0130R GECEDE YIKILMAZ&#8221;<\/b><\/p>\n<p>Acemo\u011flu, \u00fcnl\u00fc yap\u0131t\u0131 Uluslar\u0131n D\u00fc\u015f\u00fc\u015f\u00fc&#8217;ndeki &#8220;kapsay\u0131c\u0131&#8221; ve &#8220;s\u00f6m\u00fcr\u00fcc\u00fc&#8221; kurumlar teorisine at\u0131fta bulunarak, Fed \u00fczere kritik sistemlerin siyasalla\u015fmas\u0131n\u0131n ABD\u2019yi kapsay\u0131c\u0131 modelden uzakla\u015ft\u0131rabilece\u011fi ikaz\u0131nda bulundu. Powell\u2019a y\u00f6nelik at\u0131l\u0131mlar\u0131n kurumsal a\u015f\u0131nmaya yol a\u00e7t\u0131\u011f\u0131n\u0131 belirten Acemo\u011flu, &#8220;Kurumlar bir gecede y\u0131k\u0131lmaz lakin ba\u011f\u0131ms\u0131zl\u0131klar\u0131na y\u00f6nelik her taarruz, onlar\u0131 i\u00e7ten i\u00e7e zay\u0131flat\u0131r. Bug\u00fcn g\u00f6rd\u00fc\u011f\u00fcm\u00fcz bask\u0131lar, yar\u0131n ekonomik kararlar\u0131n rasyonellikten uzakla\u015fmas\u0131na yol a\u00e7abilir&#8221; s\u00f6zlerini kulland\u0131.<\/p>\n<p><b>FED&#8217;\u0130N \u00d6ZERKL\u0130\u011e\u0130N\u0130N KORUNMASI \u00c7A\u011eRISI<\/b><\/p>\n<p>Acemo\u011flu, Trump idaresinin konut kredisi maliyetlerini d\u00fc\u015f\u00fcrmek ve bor\u00e7lanma y\u00fck\u00fcn\u00fc azaltmak hedefiyle Fed\u2019e yapt\u0131\u011f\u0131 bask\u0131lar\u0131n k\u0131sa vadeli kazan\u0131mlar getirebilece\u011fini lakin uzun vadede enflasyonist bir felakete davetiye \u00e7\u0131karaca\u011f\u0131n\u0131 savundu. Powell\u2019\u0131n geri ad\u0131m atmayan duru\u015funu destekleyen Acemo\u011flu, hukukun \u00fcst\u00fcnl\u00fc\u011f\u00fc ve demokratik hesap verebilirlik \u00e7er\u00e7evesinde Fed\u2019in \u00f6zerkli\u011finin korunmas\u0131 davetinde bulundu.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fed Ba\u015fkan\u0131 Jerome Powell\u2019a y\u00f6nelik bask\u0131lar\u0131 pahaland\u0131ran Nobel \u0130ktisat \u00d6d\u00fcll\u00fc Prof. Dr. Daron Acemo\u011flu, merkez bankas\u0131 ba\u011f\u0131ms\u0131zl\u0131\u011f\u0131n\u0131n bir tercih de\u011fil mecburilik oldu\u011funu vurgulad\u0131. Acemo\u011flu, para siyasetinin siyasalla\u015fmas\u0131n\u0131n piyasa itimad\u0131n\u0131 kal\u0131c\u0131 bi\u00e7imde zedeleyerek global finansal istikrar\u0131 riske ataca\u011f\u0131n\u0131 s\u00f6yledi.<\/p>\n","protected":false},"author":1,"featured_media":89490,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[9697,1136,1477,3246,1622],"class_list":["post-89489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","tag-acemoglu","tag-ekonomi","tag-fed","tag-kurumlar","tag-merkez"],"_links":{"self":[{"href":"https:\/\/ikimisli.tr\/index.php\/wp-json\/wp\/v2\/posts\/89489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ikimisli.tr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ikimisli.tr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ikimisli.tr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ikimisli.tr\/index.php\/wp-json\/wp\/v2\/comments?post=89489"}],"version-history":[{"count":1,"href":"https:\/\/ikimisli.tr\/index.php\/wp-json\/wp\/v2\/posts\/89489\/revisions"}],"predecessor-version":[{"id":89491,"href":"https:\/\/ikimisli.tr\/index.php\/wp-json\/wp\/v2\/posts\/89489\/revisions\/89491"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ikimisli.tr\/index.php\/wp-json\/wp\/v2\/media\/89490"}],"wp:attachment":[{"href":"https:\/\/ikimisli.tr\/index.php\/wp-json\/wp\/v2\/media?parent=89489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ikimisli.tr\/index.php\/wp-json\/wp\/v2\/categories?post=89489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ikimisli.tr\/index.php\/wp-json\/wp\/v2\/tags?post=89489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}