turgut's blog

​The Central Bank of Turkey is printing 200 TL like crazy.

Since its introduction into circulation, the purchasing power of the 200 TL banknote has rapidly declined due to the implemented economic policies, while its quantity in circulation has reached a record high.

As global interest rates rise, signaling the end of the era of abundant money worldwide, the amount of money in circulation continues to increase in Turkey, which has adopted heterodox policies contrary to its peers.

In the current global environment, leading central banks are aggressively raising interest rates in response to rising inflation, effectively tightening the money supply.