Turkey's Crazy Inflation Problem - What the Hell is Happening with the Lira?
The Plain Bagel 14:31
140,621 views · 4,871 likes Watch on YouTube ↗
Intro: 00:00
Interest Rate & Inflation Theory: 03:35
How Turkey Got Here: 05:37
Why is Turkey Lowering Rates?: 07:02
Why It's Not Working: 08:51
How Turkey's Coping: 11:55
Takeaways: 12:52
Today's video is on the crazy inflation being experienced in Turkey, and the sad reason behind it.
If you'd like to support the channel, you can do so at https://www.patreon.com/ThePlainBagel :)
Buy a Plain Bagel Mug and support a charity! Proceeds for 2021 will be donated to Doctors Without Borders: https://store.dftba.com/collections/the-plain-bagel
DISCLAIMER:
This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer).
Interest Rate & Inflation Theory: 03:35
How Turkey Got Here: 05:37
Why is Turkey Lowering Rates?: 07:02
Why It's Not Working: 08:51
How Turkey's Coping: 11:55
Takeaways: 12:52
Today's video is on the crazy inflation being experienced in Turkey, and the sad reason behind it.
If you'd like to support the channel, you can do so at https://www.patreon.com/ThePlainBagel :)
Buy a Plain Bagel Mug and support a charity! Proceeds for 2021 will be donated to Doctors Without Borders: https://store.dftba.com/collections/the-plain-bagel
DISCLAIMER:
This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer).
Category (YouTube): Education
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