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The Turkish Lira saw a massive spike in inflation, compounding their already struggling economy. However, it seems that President Erdogan's plan to change the nation's fortunes has backfired. So in this video, we take a look at how Turkey got to this point, why his strategy has failed and what it means for his political prospects.

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1 - https://greekreporter.com/2022/01/19/turkey-name-change-turkiye-erdogan/
2 - https://www.tcmb.gov.tr/wps/wcm/connect/EN/TCMB+EN/Main+Menu/Core+Functions/Monetary+Policy/Central+Bank+Interest+Rates/1+Week+Repo
3 - https://www.reuters.com/world/middle-east/turkish-cenbanks-net-fx-reserves-plunge-lowest-since-2002-2021-12-30/
4 - https://www.economist.com/leaders/turkeys-president-cannot-defy-reality-for-long/21806930
5 - https://www.bbc.co.uk/news/business-59857420
6 - https://www.independent.co.uk/news/world/americas/us-politics/recep-tayyip-erdogan-turkish-inflation-istanbul-european-union-b1958354.html
7 - https://datatopics.worldbank.org/world-development-indicators/
8 - https://twitter.com/metropoll/status/1484169085898436615/photo/2