Özet:

One of the most important macroeconomic indicators for an economy is inflation. The reasons for the high inflation in the Turkish economy are discussed in recent years. In literature there are different opinions about the causes of inflation. One of these is the uncontrollable increase in money supply. It is said that the inflation in Turkey in recent times has also occurred. For this purpose, the relationship between money supply and inflation was asked to be tested for the Turkish economy in the period 2001-2018. In the study, the inflation represented, the Consumer Price Index (TÜFE); the money supply represented, the currency amount (M0) variables in circulation were used. Interested by T.C. It is collected from the Central Bank (TCMB) and the Turkish Statistical Bureau (TUIK) web pages. Ampyric analysis is done using the ARDL Border Test Model. According to the results obtained for the Turkish economy, only in the short term the increase in money supply leads to inflation. There has been no long-term connection between the increase in money supply and inflation.