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Monetary Policy

Bitcoin Could Fix Turkey’s Currency Crisis

Frank Holmes | Equities.com |

It’s December 2021, and the Turkish lira is near an all-time low against the U.S. dollar as President Recep Erdoğan continues to implement what The Wall Street Journal calls “unconventional economic policies.” Turkish households saw the value of the national currency plunge nearly 30% last month alone, making everything from food to fuel significantly more expensive for already-struggling families.


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