Bang goes

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Bang goes

Post by WHL » Sat Nov 07, 2020 10:51 am

Termites Dream
Posts: 783
Joined: Fri Dec 30, 2016 4:59 pm

Re: Bang goes

Post by Termites Dream » Sat Nov 21, 2020 7:43 am

I saw an presentation by Prof Steve Hanke who put the inflation rate at nearly 40% in Turkey, not 12% which set against the interest rate gives a net negative interest rate of 20%+, hence the decline in the Lire must continue.

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