Warning of stagflation from Prof. Dr. Sinan Alçın: Are inflation, a cash crisis, and contraction at the door?

Prof. Dr. Sinan Alçın warned of stagflation risks on the “Paranın İzinde” program, citing October inflation data that shows rising costs weighing heavily on households, particularly in housing, transportation and food. He flagged a deepening cash-flow crisis in the real economy, evidenced by contraction in the automotive market and a rise in debt restructurings and concordat (insolvency) filings. The warning matters because it points to simultaneous inflation and economic contraction rather than a single-direction shock. Next, watch whether corporate restructurings accelerate and whether inflation in housing, transport and food continues to outpace relief measures.