Turkish 10yr Bond Yield Soar As The TRY Collapses

#Turkish 10yr bond yield continues to soar as the #TRY is being trashed thx to Erdagon and #MMT's Mosler's voodoo economics belief's that lower interest rates will kill inflation.

It's a lot of fun getting Thumbs up for saying stupid schitt on Social media but not for 85 million Turks who will suffer.

There is a false narrative pushed by #MMT that central banks control interest rates pushed by #MMT. Clearly, that is not the case!
As I have warned, be real careful with Fake economics on social media.