Turkey: Hyperinflation And Mass-Migration Crisis Inevitable
Zero Hedge -

Authored by Mike Shedlock via MishTalk,

Turkey isn't close to hyperinflation yet. But the path it's on is a guaranteed way to get there.

As Erdogan tightens his grip on finance and the central bank, Investors Fear Turkish Currency Crisis.

The Turkish lira fell around 4% against the dollar late Monday after Mr. Erdogan appointed his son-in-law as finance minister and put in place measures that could curb the independence of the country’s central bank. Investors also sold Turkish shares and...

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