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Erdogan’s bizarre economic policy for Turkey causes more Lira turmoil [Part 1]

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

Erdogan’s bizarre economic policy for Turkey causes more Lira turmoil
The Duran: Episode 1170

Turkish lira: What is Erdogan’s new economic model for Turkey?

https://www.middleeasteye.net/news/turkey-lira-erdogan-new-economic-model-what

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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Helga Fellay
Helga Fellay
December 22, 2021

On this one I agree with Alexander. I think Erdogan did the right thing. My only question is why he did the right thing. Is it to help the many, many, poor who will be indebted due to out-of-control inflation and may lose everything they own? Is it to get re-elected by the the many, the very poor, as the rich won’t re-elect him anyway? Is it because he REALLY IS an Islamist, and, according to Islam “In Islamic finance, riba refers to interest charged on loans or deposits. Religious practice forbids riba, even at low interest rates, as both illegal… Read more »

Parolata
Parolata
December 22, 2021

Hello everyone, here’s a few questions. Could one possible explanation be that, in order to make up for the turmoil caused by his monetary policy, Erdogan in secretly counting on a breakthrough like for instance a boosted development of SCO/EAEU trade networks to come soon? Like most people, I seldom like Erdogan as a character, as a politician, as a person. But this is so odd I tried to play devil’s advocate. Could he have an ace up his sleeve of this kind? After watching your video last night, when this morning I’ve read they are restarting the long-stalled Turkey-Iran-Pakistan… Read more »

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