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Dec 16, 2021

Turkey shows what happens when you compromise central bank independence

From the BBC World Service: Turkey is on the brink of hyperinflation and the lira currency has imploded. The economic turmoil it’s facing a warning shot to the world about what happens when a central bank’s independence gets compromised. We’re in the heart of Istanbul sharing stories from ordinary people whose lives have become much, much tougher.

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Turkey shows what happens when you compromise central bank independence
Adem Altan/AFP via Getty Images

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