{"id":917156,"date":"2018-08-10T19:59:00","date_gmt":"2018-08-10T19:59:00","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=917156"},"modified":"2018-08-10T19:59:00","modified_gmt":"2018-08-10T19:59:00","slug":"try-as-it-might-turkey-cant-stop-its-currency-meltdown-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=917156","title":{"rendered":"TRY as it might, Turkey can\u2019t stop its currency meltdown"},"content":{"rendered":"<div>\n<div>\n<div>The economic situation in Turkey has been a powder keg for months, and it&#8217;s finally found a spark. While investors have never truly trusted Turkish President Recep Tayyip Erdogan, he&#8217;s shredded his last vestiges of credibility in recent months by appointing his son-in-law as the country&#8217;s finance minister and espousing his belief that lower interest rates were needed to fight inflation, the exact opposite of economic orthodoxy (and your humble author would argue, all the empirical evidence of centuries of central banking); indeed, Erdogan recently stated, \u201cinterest rates are the mother and father of all evil.&#8221;<\/div>\n<\/div>\n<\/div>\n<p> <a href=\"http:\/\/www.futuresmag.com\/2018\/08\/10\/try-it-might-turkey-can%E2%80%99t-stop-its-currency-meltdown\" target=\"_blank\" id=\"rssmi_more\"> &#8230;read more<\/a> <\/p>\n<p>From:: <a href=\"http:\/\/www.futuresmag.com\/2018\/08\/10\/try-it-might-turkey-can%E2%80%99t-stop-its-currency-meltdown\" target=\"_blank\" title=\"TRY as it might, Turkey can\u2019t stop its currency meltdown\">Resource Investor<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The economic situation in Turkey has been a powder keg for months, and it&#8217;s finally found a spark. While investors have never truly trusted Turkish President Recep Tayyip Erdogan, he&#8217;s shredded his last vestiges of credibility in recent months by appointing his son-in-law as the country&#8217;s finance minister and espousing his belief that lower interest [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[368],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/917156"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=917156"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/917156\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=917156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=917156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=917156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}