this post was submitted on 06 Sep 2023
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I mostly just read economics news articles, so I've read way too many stories on Turkey lately. It's insane they reelected him. That man has pushed some economic policies that a middle schooler would be able to point out the holes in. The savings accounts that guaranteed the lira pegged to USD value? How in the fuck did he think that would be a solution. You're literally agreeing to cause massive inflation by printing/handing out free money if inflation happens. So you created more inflation, to stop inflation... Some of the most horrific logic I've ever seen.