> Turkish lira is steadily inflated over the last 30-40 years, well over 10% and recently over 50%. Because the authoritarian government took over the previous

> Turkish lira is steadily inflated over the last 30-40 years, well over 10% and recently over 50%. Because the authoritarian government took over the previously independent central bank and lowered interest rates. Higher inflation was predicted by mainstream economists, and they were right. * https://www.aljazeera.com/news/2021/3/20/turkeys-erdogan-sacks-central-bank-governor-after-rate-hike https://www.aljazeera.com/news/2021/3/20/turkeys-erdogan-sac... * https://en.wikipedia.org/wiki/Currency_interventions_under_Erdoğan_administration https://en.wikipedia.org/wiki/Currency_interventions_under_E...