Turkey's runaway inflation problem

The U.S. government spends a ton of money, on everything from Medicare to roads to defense. In fact, it spends way more than it takes in. So…it borrows money, in the bond market. By selling U.S. Treasurys, basically IOUs with periodic interest payments. And for decades, people ha ... Show More

Pre-order the Planet Money book here for your free gift. Our sister show, The Indicator, is chronicling the evolving business of crime for its Vice Week series. Today, we bring to you two cases of crime in the age of AI. First, cybercriminals are using our own voices against us. ... Show More

It’s here! It’s free to download and playtest! It’s the Planet Money game! (Download here.)Download and playtest the game go here Sign up for the 11/1 virtual AMA event and get updates about the gameSubmit your feedback on the gameWatch the how-to video with Kenny and Elan for pl ... Show More

En Turquie, l’inflation est repartie à la hausse en janvier malgré une politique hyper restrictive menée par la banque centrale depuis six mois. Après la démission surprise de sa gouverneure, annoncée à la veille du week-end, son successeur devrait poursuivre la stratégie adoptée ... Show More

A month on from the election in Turkey President Erdogan has promised to fix the economy. In this programme we find out more about Mehmet Simsek, the new finance minister, who says he'll return Turkey to rational economics and reduce inflation. We also hear from those running bus ... Show More

Turkey is suffering from an economic crisis with rampant inflation and a weakening lira. At the same time, there is a refusal by the central bank to raise interest rates. With elections due to be held next year, will the government change course? With Tanya Beckett. Producer Bob ... Show More

For two decades, President Recep Tayyip Erdogan has loomed large over Turkish politics. But skyrocketing inflation and a devastating earthquake have eroded his power and, in a presidential election over the weekend, he was forced into a runoff.Ben Hubbard, The Times’s Istanbul bu ... Show More

Turkey's currency has been in free fall this week, reaching a record low against the US dollar. The Lira's collapse has been sparked, in part, by President Recep Tayyip Erdogan doubling down on his controversial economic policies, such as demanding that the central bank cut inter ... Show More