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RE: Turkey Crisis Escalates and Will Encounter HYPERINFLATION! Banks Have Fallen 70%!
The Turks had a period of hyperinflation during the 90's , the £/TL went from 1/1500 to 1 / 2.5000000 TL before they decided to reset it to the TRY by knocking all the noughts off. The saving grace for the turkish people is that they have a strong precious metal tradition, they love gold and silver