“There is no difference where aims are concerned, between a terrorist with a gun and bombs in his hand and a terrorist who has dollars, euros and interest rates” Recep Tayyip Erdogan
The ordinary person on the street may not appreciate the importance of interest rates to day to day existence, or even their implication to the peace and security of a country. The following account of what happened in Turkey not too long ago, may help bring this matter into sharper focus. Mr. Recep Tayyip Erdogan, 64, a one time footballer, became President of Turkey in 2014, having served as Prime Minister from 2003 to 2014. He has invested massively in infrastructure, providing roads, airports and high speed train network, in the country. An attempt by the military to topple his government in 2016, failed and he responded with a very big stick, purging the military, clamping down on opposition…
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