Devaluation of Turkish Lira - Just Beginning

in Account Booster 👍 • 5 years ago

The Turkish lira is being systematically devalued. People don't deserve this... But stupid government insists on this.

Turkish President Recep Tayyip Erdogan is the only person in the world, thinks that interest cause, inflation result. So, he is trying to lower interest rates. Because of this insistence, the Turkish Lira is losing value every day.

This is the chart of Turkish Lira against USD.

Ekran Resmi 20211217 23.18.51.png

It is only beginning. USD interest rate will increase in 2022 and Turkish Lira will lose value more...

Turkish.jpeg

The minimum wage was increased yesterday and the minimum wage was 250 USD. Government is trying to change Turkey to Chinese economic model. Cheap labor!

God bless Turkiye!

#crypto #cryptoacademy #palnet #economy #investing
5 years ago in Account Booster 👍 by
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