Posts

avatar of @mrtats
25
@mrtats
·
·
0 views
·
1 min read

Turkish inflation problem is caused by the government itself. They insist on lowering interest rates despite high inflation, they saddle the country with ongoing USD debts that help in the devaluation of the Lira.

Lira is losing value because no one has any trust in the Turkish government which inherently makes them not trust Lira as well.

Posted Using LeoFinance Beta