How Erdogan’s Unorthodox Views Rattle Turkish Markets - The Washington Post

How Erdogan’s Unorthodox Views Rattle Turkish Markets By Onur Ant and Lynn Thomasson | Bloomberg Today at 1:35 a.m. EDT Turkey’s President Recep Tayyip Erdogan doesn’t like it when the country’s banks charge people relatively heavily to borrow money. That alone doesn’t make him unusual for a politician, given that cheap money can garner electoral support. What makes Erdogan extraordinary is his unorthodox argument for low interest rates and his determination to bring them about by wresting control of monetary policy from theoretically independent central bankers. More:How Erdogan’s Unorthodox Views Rattle Turkish Markets - The Washington Post