Inflation soars to nearly 80% in Turkey as food prices double

It is more like the president is jealous of the Eurozone and thought he can do the same by lowering the interest rate. The obvious problem is that he didn't pursue any austerity policy to lower the interest rate, no, instead he messed with the central bank and just set the interest lower by decree. One of the reasons why interest rates are so low in Germany and Switzerland is because of their tendency to conduct austerity. Germany insisted on a debt brake after 2011. That is how you get lower interest rates.

Getting inflation in check merely requires that the Turkish government raises taxes and does not borrow any additional money whatsoever. The risk of deflation is so far away it won't hurt the economy.

Yes! Not just automation, but efficiency.

This is a crucial point missing in the debates about redistribution of wealth. Redistributing money will only change prices to match the new levels. It doesn’t actually change anyones living standards.

The only way to make our living standards rise is increasing efficiency - doing more with less materials, less time or less people. One path to that is automation. Another is simply focusing on efficiency. There is a ton of room here with how grossly inefficient most organizations and institutions are. For example when a company hires 5x the people it needs, dealing with projects that will be cancelled or work that is ultimately thrown away.