Why Turkey's currency crash does not worry Erdogan

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Turkey's national currency has plummeted 45% against the dollar this year

The lira has flirted with record lows this week, but Turkey's long-time leader is pressing ahead with his "economic war of independence", backed up by low interest rates.

"Everything is so expensive," Sevim Yildirim told the BBC at a local fruit market. "It's impossible even to cook a main course for a family with these prices." In the past two years he has sacked three central bank presidents and only this week replaced his finance minister. And so the lira continues to drop.Soaring prices

Tomato prices were up 75% in August, compared with the year before, according to the chamber of commerce in the south coast agricultural hub of Antalya.

 

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I read the whole article twice & still found no explanation on why Turkish Lira’s crash doesn’t worry Erdogan. What’s wrong ?

He deals in Euros and Dollars only!

Because he’s a psychopath?

Erdogan ki MKB

The truth about poor service of Uber_Chile 2021: the service dropped in quality because they pay drivers badly, they charge very high commissions of more than 20% or more and drivers can no longer work because of the very high price of fuel at Chile! cc: Uber

JrKripto

This article didn't really answer the question

Because he is a billionaire who has lined his own pockets and put his kids and other family members into dodgy businesses such as taking tankers of illegal crude from Iranian s and selling it off and paying the Iranians even though it's under sanctions...

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