You bet your dollar-bottomed: Erdogan’s next gambit
The Intelligence from The Economist
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Turkey's Economic Turbulence: Erdogan's Monetary Maneuvers
This chapter examines the economic crisis in Turkey stemming from President Erdogan's unorthodox monetary policies, especially his view on interest rates and inflation. It highlights the depreciation of the lira, government interventions to stabilize the currency, and the growing concerns over the long-term viability of these measures amidst rising prices affecting everyday citizens.
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