2min chapter

The Daily cover image

Turkey’s President Fights for Political Survival

The Daily

CHAPTER

Turkey's President Erdogan Replaces the Head of His Central Bank

Erdogan calls himself an enemy of interest rates. He says they lead to inflation, though the opposite has been proven true. Inflation occurs as a result of your wrong steps and who pays the price? Are people above all? Erdogan numerous times fires the central bank chief and brings in somebody else.

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