Confluence Podcasts
Confluence Podcasts
Confluence Investment Management
Bi-Weekly Geopolitical Report – The Turkish Experiment (2/28/2022)
9 minutes Posted Feb 28, 2022 at 8:54 pm.
0:00
9:52
Download MP3
Show notes
Confluence's geopolitical report this week looks at what appears to be an unusual economic experiment going on in Turkey: President Erdogan is refusing to allow the central bank to raise interest rates to contain rapidly rising inflation, meanwhile the Turkish currency, the lira, has been plummeting in value. Chief Market Strategist Bill O'Grady joins the podcast to give his analysis of Turkey's unorthodox response to inflation.