GOVERNMENTS NEED OUR GOLD: A Lesson from Turkey, Protect Your Freedom
ITM Trading Podcast
00:00
I Don't Want You to Be Trapped
The Turkish government announced last december its foreign currency protected lera deposit scheme which encouraged the transfer of foreign exchange deposits into exchange rate protected lira. The fresh scheme would be less effective than expected because people do not believe that the current measures will bring the end of economic woes, and will largely not surrender their gold savings. Around 76 % of respondents in a january survey by blabablas said the economy was poorly managed. Only 20 % think that the economy's going in the right direction.
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