Turkey – paying the price for autocratic mistakes

Turkey and President Erdogan are facing a crucial election either this May or June with his popularity plummeting in the face of runaway inflation. Officially it is recorded at 85.5% though outside analysts reckon it is nearer 180%.  The blame is laid firmly at Erdogan’s feet, since he controls the Central Bank and his “unorthodox” understanding of monetary policy has kept interest rates artificially low favouring the “big funders” of his AKP party in construct