FX_IDC:USDTRY   U.S. Dollar / Turkish Lira
TURKEY'S CURRENCY IS UNDERGOING A CLASSIC PROCESS OF DESTRUCTION!

CONTINUAL FISCAL DEFICITS AND BANK CREDIT EXPANSION (FUELED BY ARTIFICIALLY SUPPRESSED GLOBAL INTEREST RATES) HAVE PROVIDED AN ABUNDANT SUPPLY OF CURRENCY, WHILE WAR, CORRUPTION, A GLOBAL DEPRESSION AND MANY DOMESTIC/INTERNATIONAL FACTORS HAVE LEAD TO DIMINISHING DEMAND FOR THE TURKISH LIRA!
AS LIRAS ARE SOLD FOR ASSETS AND OTHER CURRENCIES (I.E. AS DEMAND FOR THE LIRA FALLS), MONEY VELOCITY INCREASES, LEADING TO RISING PRICES AND AN EROSION OF THE LIRA'S PURCHASING POWER!

WITHIN A FEW YEARS, ONCE THE LIRA HAS BEEN COMPLETELY HYPER-INFLATED AND TURKEY HAS SUFFERED A COMPLETE ECONOMIC COLLAPSE THE LIKES OF VENEZUELA AND LEBANON RECENTLY, YOU WILL HEAR FROM KEYNESIANS AND OTHER PSEUDO-EXPERTS THAT SOME ARBITRARY FACTOR WAS FUNDAMENTALLY RESPONSIBLE!
DO NOT BE FOOLED, THE CAUSE OF ANY FALLING EXCHANGE RATE IS INFLATION , AN INCREASING SUPPLY OF CURRENCY!

THE NEXT STEP IN THIS PROCESS OF CURRENCY DESTRUCTION IS ACCELERATING CONSUMER GOODS PRICE INFLATION!
THESE NUMBERS WILL MORE THAN LIKELY BE DISTORTED BY THE TURKISH GOVERNMENT AND WILL THEREFORE BE DIFFICULT TO TRULY MEASURE!
THE TURKISH STOCK MARKET WILL SEE EXTREME VOLATILITY AND AN WOULD BE A GOOD PLAY IF IT EXISTED!

PRAY FOR THE PEOPLE OF TURKEY! PRAY FOR AN END TO GLOBAL FASCISM!

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