To describe how bad it is: Recently a popular politican tweeted Playstation 5 costs 8299₺ in Turkey, which is more expensive than booking a flight to Bulgaria, having a modest stay and buying Playstation there. This is a country where minimum wage is 2300₺ ($290) and around half the country is being paid that amount. iPhone 12 Pro? Base model rumored to be $1900.
Oh, and cars cost around 4 times more expensive, so a second hand 2007 Ford Fiesta costs around 15 times the minimum wage.
But hey, voters were happy and they've been happily voting for the same guy for 20 years. There must be some 'folk wisdom' there but I certainly missed what it is.