{"id":4763,"date":"2023-09-10T17:44:14","date_gmt":"2023-09-10T14:44:14","guid":{"rendered":"https:\/\/datakapital.com\/blog\/?p=4763"},"modified":"2025-08-20T13:20:16","modified_gmt":"2025-08-20T10:20:16","slug":"yatirimlarin-kredilerden-aldigi-pay-nasil-artar","status":"publish","type":"post","link":"https:\/\/datakapital.com\/blog\/yatirimlarin-kredilerden-aldigi-pay-nasil-artar\/","title":{"rendered":"Yat\u0131r\u0131mlar\u0131n Kredilerden Ald\u0131\u011f\u0131 Pay Nas\u0131l Artar?"},"content":{"rendered":"

\u00d6ncelike yat\u0131r\u0131mlar\u0131n kredilerden ald\u0131\u011f\u0131 pay nas\u0131l artmaz? T\u00fcrkiye’nin yat\u0131r\u0131m oran\u0131 daha \u00e7ok tasarruf ederek artmaz. I=S+NX denklemi yanl\u0131\u015f anla\u015f\u0131l\u0131yor. Bu denklem, yat\u0131r\u0131m (I) tasarruf (S) edilerek artar demek de\u011fil. \u00dclke yat\u0131r\u0131m yapt\u0131k\u00e7a, tasarruflar\u0131n\u0131 artt\u0131r\u0131r demek. \u00dclkeler yat\u0131r\u0131m yaparak veya ba\u015fka \u00fclkelere bor\u00e7 vererek tasarruf eder. Bug\u00fcn yat\u0131r\u0131mlar kredi ile yap\u0131l\u0131yor. Finansman yat\u0131r\u0131ma aktar\u0131ld\u0131k\u00e7a, yat\u0131r\u0131mlar artar. Yat\u0131r\u0131mlar art\u0131nca tasarruflar da artar.<\/p>\n

Yat\u0131r\u0131mlar\u0131n kredilerden ald\u0131\u011f\u0131 pay artt\u0131k\u00e7a<\/a>, yat\u0131r\u0131m oran\u0131 artar. Yat\u0131r\u0131m oran\u0131n\u0131n artmas\u0131 neden \u00f6nemli? Bizim gibi arz yetmezli\u011fi ya\u015fayan ekonomilerde, arz\u0131n talebi kar\u015f\u0131layabilmesi i\u00e7in \u00fcretim kapasitesinin artmas\u0131 gerekiyor. Onun i\u00e7in de yat\u0131r\u0131m gerekli. Yat\u0131r\u0131mlar artmadan cari a\u00e7\u0131\u011f\u0131 ve enflasyonu kal\u0131c\u0131 d\u00fc\u015f\u00fcrmek m\u00fcmk\u00fcn de\u011fil. \u00c7\u00fcnk\u00fc her iki olgu da arz yetmezli\u011finden kaynaklan\u0131yor. Fazla talep ithalat ile kar\u015f\u0131land\u0131\u011f\u0131nda cari a\u00e7\u0131k, ithalat ile kar\u015f\u0131lanamad\u0131\u011f\u0131nda enflasyon ortaya \u00e7\u0131k\u0131yor. T\u00fcketim mal\u0131 ithalat\u0131n\u0131n toplam ithalattan %10 gibi bir pay almas\u0131 yan\u0131ltmas\u0131n. Ara mallar\u0131n\u0131n d\u0131\u015far\u0131dan ithal edilmesi de ayn\u0131 anlama gelir. Talep var ama biz \u00fcr\u00fcn\u00fcn ancak yar\u0131s\u0131n\u0131 i\u00e7eride \u00fcretebilmi\u015fiz. Global d\u00fcnyada her \u015feyin y\u00fczde y\u00fcz\u00fcn\u00fc i\u00e7eride \u00fcretmek gibi bir iddia olamaz. Ama \u00fcr\u00fcnlerin i\u00e7indeki yerlilik oran\u0131 yat\u0131r\u0131mlarla artar.<\/p>\n

Yat\u0131r\u0131m oran\u0131ndaki art\u0131\u015f\u0131n<\/a> \u00fcretim kapasitesini art\u0131rd\u0131\u011f\u0131n\u0131 potansiyel b\u00fcy\u00fcme oran\u0131n\u0131n artmas\u0131ndan anl\u0131yoruz. Potansiyel b\u00fcy\u00fcme enflasyona yol a\u00e7madan elde edilen en y\u00fcksek b\u00fcy\u00fcmedir. \u00dclkenin uzun d\u00f6nemdeki ortalama b\u00fcy\u00fcmesi potansiyelini g\u00f6sterir. T\u00fcrkiye’nin potansiyel b\u00fcy\u00fcme oran\u0131 2000’lere kadar %4 iken, 2000’lerden itibaren %5’e \u00e7\u0131kt\u0131. Potansiyel b\u00fcy\u00fcmedeki art\u0131\u015f\u0131n temelinde yat\u0131r\u0131m oran\u0131nda sa\u011flanan 10 puana varan kal\u0131c\u0131 y\u00fckseli\u015f yat\u0131yor.<\/p>\n

T\u00fcrkiye’de yat\u0131r\u0131mlar\u0131n artmas\u0131 finansmana eri\u015fimle do\u011frudan ba\u011flant\u0131l\u0131. GSYH’nin yakla\u015f\u0131k yar\u0131s\u0131 kadar bir kredi sto\u011fumuz var. Bu sto\u011fun ne kadar\u0131n\u0131n yat\u0131r\u0131mlar\u0131 fonlad\u0131\u011f\u0131n\u0131 bilmiyoruz. Sadece yat\u0131r\u0131m kredilerine bakarsak, yat\u0131r\u0131m pay\u0131 TL kredilerde en fazla %3, YP kredilerde en fazla %25 olmu\u015f. Ancak, yat\u0131r\u0131m kredisi t\u00fcr\u00fc d\u0131\u015f\u0131ndaki kredilerle de giri\u015fimciler yat\u0131r\u0131m harcamalar\u0131n\u0131 fonluyor olabilir. Bilmiyoruz. Bilmedi\u011fimize g\u00f6re politikas\u0131n\u0131 yapabilmemiz de m\u00fcmk\u00fcn de\u011fil.<\/p>\n

T\u00fcr\u00fc ne olursa olsun yat\u0131r\u0131m harcamalar\u0131n\u0131 fonlayan kredilerin desteklendi\u011fi bir yap\u0131ya ihtiyac\u0131m\u0131z var. B\u00f6yle bir yap\u0131da, yat\u0131r\u0131m kredilerinin toplam kredilerden ald\u0131\u011f\u0131 pay art\u0131r\u0131labilir. Bu pay artt\u0131\u011f\u0131nda, yat\u0131r\u0131mlar\u0131n GSYH’den ald\u0131\u011f\u0131 pay da artar. Ge\u00e7mi\u015fte \u00f6rne\u011fini g\u00f6rd\u00fck.<\/p>\n

2002-2006 aras\u0131nda, yat\u0131r\u0131m oran\u0131 %19,5’den %28,5’e \u00e7\u0131kt\u0131. Art\u0131\u015f kal\u0131c\u0131 oldu. Resesyon y\u0131llar\u0131 2009 ve 2019 d\u0131\u015f\u0131nda yat\u0131r\u0131m oran\u0131 %30’a yak\u0131n seyretti. Yat\u0131r\u0131m oran\u0131n\u0131n artmas\u0131nda, konut kredilerindeki art\u0131\u015f etkili oldu. Konut kredilerinin t\u00fcm krediler i\u00e7indeki pay\u0131 2002 Aral\u0131k’ta binde 6 iken, 2006 Aral\u0131k’ta %10’a \u00e7\u0131kt\u0131. Konut kredilerindeki 10 puanl\u0131k art\u0131\u015f, yat\u0131r\u0131m oran\u0131na yans\u0131d\u0131.<\/p>\n

T\u00fcketici kredileri alt\u0131nda s\u0131n\u0131fland\u0131r\u0131lan konut kredileri yat\u0131r\u0131mlar\u0131 nas\u0131l art\u0131rd\u0131? Konut kredileri, konut \u00fcretimi \u00fczerinde \u00e7ok etkili. Konut kredilerinin konut talebini art\u0131rmas\u0131yla konut \u00fcretimi artt\u0131. \u0130n\u015faat izni al\u0131nan daire say\u0131s\u0131 2002-2006 y\u0131llar\u0131 aras\u0131nda 162 binden 600 bine \u00e7\u0131kt\u0131. Yeni \u00fcretilen konutlar, yat\u0131r\u0131mlar alt\u0131nda yer ald\u0131\u011f\u0131ndan, yeni konut \u00fcretiminin neredeyse 4’e katlanmas\u0131 \u00fclkemizin yat\u0131r\u0131m oran\u0131n\u0131 art\u0131rd\u0131.<\/p>\n

2023’e geldi\u011fimizde hala konut d\u0131\u015f\u0131nda uzun vadeli T\u00fcrk liras\u0131 finansman olanaklar\u0131 \u00e7ok s\u0131n\u0131rl\u0131. TL cinsi yat\u0131r\u0131m kredileri TL kredilerden sadece %3 pay al\u0131yor. T\u00fcrk liras\u0131 cinsi kredilerin yat\u0131r\u0131mlar\u0131 daha fazla fonlamas\u0131 sa\u011flanarak, 2002-2006 y\u0131llar\u0131 aras\u0131nda oldu\u011fu gibi yat\u0131r\u0131m oran\u0131nda yeni bir art\u0131\u015f kaydedilebilir. %30’a gelip tak\u0131lan yat\u0131r\u0131m oran\u0131 bu defa %40’\u0131n \u00fczerine ta\u015f\u0131nabilir.<\/p>\n

Yat\u0131r\u0131mlar\u0131n YP kredilerin ekserisini olu\u015fturdu\u011fu da zannedilmesin. Yat\u0131r\u0131m kredilerin YP kredilerden ald\u0131\u011f\u0131 pay da %25’i hi\u00e7 ge\u00e7medi. Ancak, yat\u0131r\u0131m kredisi t\u00fcr\u00fc d\u0131\u015f\u0131ndaki kredilerden fonlanan yat\u0131r\u0131m tutar\u0131 hakk\u0131nda bilgimiz yok. Bilmiyoruz \u00e7\u00fcnk\u00fc ilgilenmiyoruz. Yat\u0131r\u0131mlar\u0131n kredilerden ald\u0131\u011f\u0131 pay\u0131 art\u0131rabilmek i\u00e7in, yat\u0131r\u0131m harcamalar\u0131n\u0131 finanse eden her t\u00fcr ve vadedeki kredinin di\u011fer kredilerden \u00f6ncelikli hale gelmesi gerekir.<\/p>\n

\u015eimdiye kadar ticari kredilerin kredilerden ald\u0131\u011f\u0131 pay\u0131 art\u0131rmak hedefi g\u00fcd\u00fcld\u00fc. Ticari kredilerin pay\u0131 artt\u0131 ama, yat\u0131r\u0131m oran\u0131 artmad\u0131. Demek ki, her ticari kredi yat\u0131r\u0131mlara harcanm\u0131yor. Son zamanlarda, ihracat, KOB\u0130 ve tar\u0131m kredileri \u00f6n plana \u00e7\u0131kar\u0131ld\u0131. Bu kredi t\u00fcrleri i\u00e7inde de yat\u0131r\u0131mlar\u0131 fonlayanlar olabilir, yat\u0131r\u0131m d\u0131\u015f\u0131 harcamalar\u0131 fonlayanlar olabilir. Sadece yat\u0131r\u0131mlar\u0131 fonlayan harcamalar yat\u0131r\u0131m oran\u0131n\u0131 art\u0131r\u0131r, enflasyon ve cari a\u00e7\u0131\u011f\u0131n d\u00fc\u015f\u00fcr\u00fclmesine kal\u0131c\u0131 katk\u0131 sunar.<\/p>\n

2000’lerde yat\u0131r\u0131m oran\u0131 ve potansiyel b\u00fcy\u00fcme in\u015faat ile artt\u0131, iyi de oldu. Bar\u0131nma temel ihtiya\u00e7. \u015eimdi, in\u015faat\u0131n yan\u0131na ticari yat\u0131r\u0131mlar\u0131 da ekleyebiliriz. Yap\u0131lmas\u0131 gereken TL ve YP kredilerin yat\u0131r\u0131m harcamalar\u0131n\u0131 daha fazla fonlamas\u0131n\u0131 sa\u011flamak.<\/p>\n

Yat\u0131r\u0131m Finansman\u0131nda Yap\u0131sal D\u00f6n\u00fc\u015f\u00fcm \u0130htiyac\u0131<\/strong><\/h3>\n

T\u00fcrkiye\u2019de yat\u0131r\u0131m oran\u0131n\u0131n kal\u0131c\u0131 olarak artmas\u0131, finansman modelinin stratejik bi\u00e7imde yeniden yap\u0131land\u0131r\u0131lmas\u0131na ba\u011fl\u0131d\u0131r. \u015eu anda kredi stokunun b\u00fcy\u00fckl\u00fc\u011f\u00fc GSYH\u2019nin yakla\u015f\u0131k yar\u0131s\u0131na ula\u015fm\u0131\u015f olsa da, bu kredilerin yat\u0131r\u0131mlara ne \u00f6l\u00e7\u00fcde aktar\u0131ld\u0131\u011f\u0131na dair sa\u011fl\u0131kl\u0131 bir veri altyap\u0131s\u0131 bulunmamaktad\u0131r. Yat\u0131r\u0131m harcamalar\u0131n\u0131n ne kadarl\u0131k k\u0131sm\u0131n\u0131n hangi kredi t\u00fcrleriyle finanse edildi\u011fi bilinmedi\u011fi s\u00fcrece, etkin bir yat\u0131r\u0131m politikas\u0131 tasarlamak m\u00fcmk\u00fcn de\u011fildir.<\/p>\n

Bu nedenle, bankac\u0131l\u0131k sisteminde kredi tahsis s\u00fcre\u00e7lerinin yat\u0131r\u0131m \u00f6ncelikli<\/strong> bir yap\u0131ya d\u00f6n\u00fc\u015ft\u00fcr\u00fclmesi kritik \u00f6neme sahiptir. \u00d6rne\u011fin:<\/p>\n

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    Uzun vadeli ve d\u00fc\u015f\u00fck maliyetli TL kredilerin yat\u0131r\u0131m finansman\u0131nda daha fazla kullan\u0131lmas\u0131,<\/p>\n<\/li>\n

  • \n

    Yat\u0131r\u0131m ama\u00e7l\u0131 kullan\u0131lan d\u00f6viz kredilerinde faiz y\u00fck\u00fcn\u00fc hafifletecek te\u015fviklerin sa\u011flanmas\u0131,<\/p>\n<\/li>\n

  • \n

    Kredi s\u0131n\u0131fland\u0131rmalar\u0131n\u0131n \u201ct\u00fcketim, i\u015fletme sermayesi ve yat\u0131r\u0131m\u201d olarak net bi\u00e7imde ayr\u0131\u015ft\u0131r\u0131lmas\u0131,<\/p>\n<\/li>\n<\/ul>\n

    yat\u0131r\u0131m oran\u0131n\u0131 kal\u0131c\u0131 bi\u00e7imde art\u0131rabilir. B\u00f6yle bir yakla\u015f\u0131m, yat\u0131r\u0131mlar\u0131n kredilerden ald\u0131\u011f\u0131 pay\u0131 y\u00fckseltece\u011fi gibi, \u00fcretim kapasitesini de s\u00fcrd\u00fcr\u00fclebilir bi\u00e7imde geni\u015fletecektir.<\/p>\n

    \n

    Potansiyel B\u00fcy\u00fcme ve Kredi Stratejisinin \u00d6nemi<\/strong><\/h3>\n

    Yat\u0131r\u0131m oran\u0131ndaki art\u0131\u015f, do\u011frudan potansiyel b\u00fcy\u00fcme oran\u0131n\u0131 belirleyen en \u00f6nemli fakt\u00f6rlerden biridir. T\u00fcrkiye 2000\u2019lerde yat\u0131r\u0131m oran\u0131n\u0131 %19,5\u2019ten %28,5\u2019e \u00e7\u0131kararak potansiyel b\u00fcy\u00fcmesini %4 seviyesinden %5\u2019e y\u00fckseltebildi. Ancak bu art\u0131\u015f, a\u011f\u0131rl\u0131kl\u0131 olarak in\u015faat yat\u0131r\u0131mlar\u0131na dayal\u0131 bir model \u00fczerinden sa\u011fland\u0131. Bundan sonraki s\u00fcre\u00e7te, sanayi ve teknoloji yat\u0131r\u0131mlar\u0131n\u0131n \u00f6n plana al\u0131nmas\u0131, potansiyel b\u00fcy\u00fcmenin kalitesini ve s\u00fcrd\u00fcr\u00fclebilirli\u011fini art\u0131racakt\u0131r.<\/p>\n

    Bu noktada, sekt\u00f6rel kredi te\u015fvikleri<\/strong> stratejik bir rol oynayabilir. \u00d6rne\u011fin, y\u00fcksek katma de\u011ferli \u00fcretim yapan sekt\u00f6rlere y\u00f6nelik uzun vadeli TL kredileri desteklemek, ithal ara mal\u0131 ba\u011f\u0131ml\u0131l\u0131\u011f\u0131n\u0131 azaltarak hem cari a\u00e7\u0131\u011f\u0131n daralmas\u0131na hem de enflasyonist bask\u0131lar\u0131n hafiflemesine katk\u0131 sa\u011flayacakt\u0131r.<\/p>\n

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    Sonu\u00e7: Kredilerden Yat\u0131r\u0131ma, Yat\u0131r\u0131mdan Potansiyel B\u00fcy\u00fcmeye<\/strong><\/h3>\n

    T\u00fcrkiye\u2019nin yat\u0131r\u0131m oran\u0131n\u0131 art\u0131rmas\u0131, yaln\u0131zca b\u00fcy\u00fcme performans\u0131n\u0131 de\u011fil; cari denge, enflasyon ve istihdam gibi temel makroekonomik g\u00f6stergeleri de do\u011frudan etkileyecektir. Bunun i\u00e7in:<\/p>\n

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    • \n

      Kredilerin yat\u0131r\u0131mlar\u0131 fonlamas\u0131nda \u00f6nceliklendirilmesi,<\/p>\n<\/li>\n

    • \n

      Yat\u0131r\u0131m ama\u00e7l\u0131 kredi kullan\u0131m\u0131n\u0131n \u015feffaf bi\u00e7imde izlenmesi,<\/p>\n<\/li>\n

    • \n

      Uzun vadeli TL yat\u0131r\u0131m finansman\u0131n\u0131n g\u00fc\u00e7lendirilmesi,<\/p>\n<\/li>\n<\/ul>\n

      gerekmektedir. 2000\u2019lerde ya\u015fanan in\u015faat odakl\u0131 b\u00fcy\u00fcme tecr\u00fcbesi, yat\u0131r\u0131m oran\u0131n\u0131n art\u0131r\u0131labilece\u011fini kan\u0131tlad\u0131. \u015eimdi, ayn\u0131 ivmeyi sanayi, teknoloji ve verimlilik odakl\u0131 yat\u0131r\u0131mlarla tekrarlamak m\u00fcmk\u00fcnd\u00fcr.<\/p>\n

      Do\u011fru yap\u0131land\u0131r\u0131lm\u0131\u015f bir kredi-yat\u0131r\u0131m politikas\u0131yla, yat\u0131r\u0131m oran\u0131n\u0131n %30 e\u015fi\u011finin a\u015f\u0131lmas\u0131 ve orta vadede %40 seviyesine ta\u015f\u0131nmas\u0131 ger\u00e7ek\u00e7i bir hedef olabilir. Bu ad\u0131mlar, T\u00fcrkiye\u2019nin potansiyel b\u00fcy\u00fcmesini kal\u0131c\u0131 olarak yukar\u0131 \u00e7ekerken, cari a\u00e7\u0131k ve enflasyon sorunlar\u0131n\u0131n da yap\u0131sal bi\u00e7imde \u00e7\u00f6z\u00fclmesine katk\u0131 sa\u011flayacakt\u0131r.<\/p>\n","protected":false},"excerpt":{"rendered":"

      \u00d6ncelike yat\u0131r\u0131mlar\u0131n kredilerden ald\u0131\u011f\u0131 pay nas\u0131l artmaz? T\u00fcrkiye’nin yat\u0131r\u0131m oran\u0131 daha \u00e7ok tasarruf ederek artmaz. I=S+NX denklemi yanl\u0131\u015f anla\u015f\u0131l\u0131yor. Bu denklem, yat\u0131r\u0131m (I) tasarruf (S) edilerek artar demek de\u011fil. \u00dclke yat\u0131r\u0131m yapt\u0131k\u00e7a, tasarruflar\u0131n\u0131 artt\u0131r\u0131r demek. \u00dclkeler yat\u0131r\u0131m yaparak veya ba\u015fka \u00fclkelere bor\u00e7 vererek tasarruf eder. Bug\u00fcn yat\u0131r\u0131mlar kredi ile yap\u0131l\u0131yor. Finansman yat\u0131r\u0131ma aktar\u0131ld\u0131k\u00e7a, yat\u0131r\u0131mlar artar.<\/p>\n","protected":false},"author":8,"featured_media":4764,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,47],"tags":[288,281,232,315],"class_list":{"0":"post-4763","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jeoekonomik-makro-veriler","8":"category-makro-ekonomik-analizler","9":"tag-arz","10":"tag-tasarruf","11":"tag-turkiye-ekonomisi","12":"tag-yatirim"},"better_featured_image":{"id":4764,"alt_text":"Yat\u0131r\u0131m ve Tasarruf Denklemi Keynes","caption":"","description":"","media_type":"image","media_details":{"width":1005,"height":486,"file":"2023\/09\/Yaitirimlar-ve-Tasarruflar-Esitlik-Denklemi.jpg","filesize":82951,"sizes":{"medium":{"file":"Yaitirimlar-ve-Tasarruflar-Esitlik-Denklemi-300x145.jpg","width":300,"height":145,"mime-type":"image\/jpeg","filesize":5077,"source_url":"https:\/\/datakapital.com\/blog\/wp-content\/uploads\/2023\/09\/Yaitirimlar-ve-Tasarruflar-Esitlik-Denklemi-300x145.jpg"},"thumbnail":{"file":"Yaitirimlar-ve-Tasarruflar-Esitlik-Denklemi-150x150.jpg","width":150,"height":150,"mime-type":"image\/jpeg","filesize":2212,"source_url":"https:\/\/datakapital.com\/blog\/wp-content\/uploads\/2023\/09\/Yaitirimlar-ve-Tasarruflar-Esitlik-Denklemi-150x150.jpg"},"medium_large":{"file":"Yaitirimlar-ve-Tasarruflar-Esitlik-Denklemi-768x371.jpg","width":768,"height":371,"mime-type":"image\/jpeg","filesize":26635,"source_url":"https:\/\/datakapital.com\/blog\/wp-content\/uploads\/2023\/09\/Yaitirimlar-ve-Tasarruflar-Esitlik-Denklemi-768x371.jpg"},"bunyad-small":{"file":"Yaitirimlar-ve-Tasarruflar-Esitlik-Denklemi-150x73.jpg","width":150,"height":73,"mime-type":"image\/jpeg","filesize":1617,"source_url":"https:\/\/datakapital.com\/blog\/wp-content\/uploads\/2023\/09\/Yaitirimlar-ve-Tasarruflar-Esitlik-Denklemi-150x73.jpg"},"bunyad-medium":{"file":"Yaitirimlar-ve-Tasarruflar-Esitlik-Denklemi-450x218.jpg","width":450,"height":218,"mime-type":"image\/jpeg","filesize":10559,"source_url":"https:\/\/datakapital.com\/blog\/wp-content\/uploads\/2023\/09\/Yaitirimlar-ve-Tasarruflar-Esitlik-Denklemi-450x218.jpg"},"bunyad-768":{"file":"Yaitirimlar-ve-Tasarruflar-Esitlik-Denklemi-768x371.jpg","width":768,"height":371,"mime-type":"image\/jpeg","filesize":26635,"source_url":"https:\/\/datakapital.com\/blog\/wp-content\/uploads\/2023\/09\/Yaitirimlar-ve-Tasarruflar-Esitlik-Denklemi-768x371.jpg"}},"image_meta":{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0","keywords":[]}},"post":4763,"source_url":"https:\/\/datakapital.com\/blog\/wp-content\/uploads\/2023\/09\/Yaitirimlar-ve-Tasarruflar-Esitlik-Denklemi.jpg"},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/datakapital.com\/blog\/wp-json\/wp\/v2\/posts\/4763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/datakapital.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/datakapital.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/datakapital.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/datakapital.com\/blog\/wp-json\/wp\/v2\/comments?post=4763"}],"version-history":[{"count":5,"href":"https:\/\/datakapital.com\/blog\/wp-json\/wp\/v2\/posts\/4763\/revisions"}],"predecessor-version":[{"id":5583,"href":"https:\/\/datakapital.com\/blog\/wp-json\/wp\/v2\/posts\/4763\/revisions\/5583"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/datakapital.com\/blog\/wp-json\/wp\/v2\/media\/4764"}],"wp:attachment":[{"href":"https:\/\/datakapital.com\/blog\/wp-json\/wp\/v2\/media?parent=4763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/datakapital.com\/blog\/wp-json\/wp\/v2\/categories?post=4763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/datakapital.com\/blog\/wp-json\/wp\/v2\/tags?post=4763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}