Analysis

Turkish Central Bank Inexplicably Posts “Unprecedented” $10 Billion Profit On Last Day Of 2021 | ZeroHedge

…with inflation running at over 36% and Turkey’s official reserves dwindling, the question for some is how much longer policy makers can stand in the way of dollar demand. In a world where central banks now openly engage in helicopter money paradrops and monetizing debt and deficits as far as the eye can see (knowing …

Turkish Central Bank Inexplicably Posts “Unprecedented” $10 Billion Profit On Last Day Of 2021 | ZeroHedge Read More »