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Steve Hanke suggests currency board for Turkey’s high inflation

Steve Hanke suggests currency board for Turkey’s high inflation

BY ELIF KARACA Steve Hanke, professor of applied economics at Johns Hopkins University, who is renowned for his scientific studies on hyperinflation, says that the probability of hyperinflation in Turkey is pretty low from a statistical point of view. “The prospect of hyperinflation in Turkey is not impossible. Turkey has an endemic ‘high’ inflation problem...