Think it can't happen here?-----Turkey’s Currency Crisis: Inflation Soars To 19-Year High As Lira Slump Continues

Turkey’s Currency Crisis: Inflation Soars To 19-Year High As Lira Slump Continues
"Turkey’s annual inflation soared to a 19-year high in December, according to government data, part of an escalating crisis driven by unorthodox monetary policies touted by President Recep Tayyip Erdogan that sent the lira into freefall and to record lows last year, and as consumer prices surge in many parts of the world.
The annual consumer inflation rate rose to 36% year-on-year in December, according to official data from the Turkish Statistical Institute, its highest point since September 2002...Read all!