3 ways how money is created
Whenever a bank makes a loan,
it simultaneously creates a matching deposit in the borrower’s bank account, thereby creating new money.
3 ways how money is created Read More »
fiat money
The Turkish lira traded at a record low of 9 against the US dollar
The Turkish lira just break a new low record of 9,0072 TL The depreciation of the Turkish lira The Turkish
The Turkish lira traded at a record low of 9 against the US dollar Read More »
The Turkish Lira’s devaluation
I came to Turkey in September 2017 to study as a mechanical engineering student. Before coming here like everyone I
The Turkish Lira’s devaluation Read More »