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Turkey's central bank hiked rates before Erdogan won re-election which consolidated a lot of his power; including power of appointing central bank governors. Y
by whatok 8y ago
Turkey's central bank hiked rates before Erdogan won re-election which consolidated a lot of his power; including power of appointing central bank governors. You could make an argument for central bank independence back then. It's much harder to do so now.
The rest of what you wrote runs contrary to real world economics.