![A picture taken on Dec. 7, 2021 in Istanbul shows Turkish lira banknotes.](/sites/default/files/styles/article_header/public/2022-01/GettyImages-1237068323.jpg?h=a5ae579a&itok=aALUO5DS)
Mustafa Sonmez is a Turkish economist and writer. He has worked as an economic commentator and editor for more than 30 years and authored some 30 books on the Turkish economy, media and the Kurdish question. On Twitter: @mustfsnmz
![A picture taken on Dec. 7, 2021 in Istanbul shows Turkish lira banknotes.](/sites/default/files/styles/article_header/public/2022-01/GettyImages-1237068323.jpg?h=a5ae579a&itok=aALUO5DS)
![People walk past a currency exchange office on Aug. 29, 2018 in Istanbul, Turkey.](/sites/default/files/styles/article_header/public/2022-01/GettyImages-1025019896.jpg?h=a5ae579a&itok=Rl8071i0)
![Vendors sell cheese as people shop near the New Mosque area in Istanbul's Eminonu district on Nov. 6, 2018.](/sites/default/files/styles/article_header/public/2022-01/GettyImages-1058114938.jpg?h=a5ae579a&itok=FfmeFxN-)
![Turkey economy](/sites/default/files/styles/article_header/public/2022-01/GettyImages-1237266251.jpg?h=1d34674f&itok=Cyl9_Ntk)
![Turkey lira](/sites/default/files/styles/article_header/public/2021-12/GettyImages-1237352231.jpg?h=1d34674f&itok=E9kgh_AW)
![Women shop bread at a market in Ankara on Dec. 20, 2021.](/sites/default/files/styles/article_header/public/2021-12/GettyImages-1237352316.jpg?h=a5ae579a&itok=Vm_ziG2t)
![OZAN KOSE/AFP via Getty Images](/sites/default/files/styles/article_header/public/2021-12/GettyImages-1236954850.jpg?h=a5ae579a&itok=IuvJcycs)
![Turkey's main opposition Republican People's Party (CHP) leader Kemal Kilicdaroglu arrives to hold a news conference in Ankara, Turkey on June 26, 2018.](/sites/default/files/styles/article_header/public/2021-12/GettyImages-984308608.jpg?h=a5ae579a&itok=r3bhSwL7)
![OZAN KOSE/AFP via Getty Images](/sites/default/files/styles/article_header/public/2021-11/GettyImages-1236766857.jpg?h=a5ae579a&itok=aFeVq5Fx)
![ADEM ALTAN/AFP via Getty Images](/sites/default/files/styles/article_header/public/2021-11/GettyImages-1236771795.jpg?h=a5ae579a&itok=WF4BSpwx)
![Turkey money](/sites/default/files/styles/article_header/public/2021-11/GettyImages-1346565428.jpg?h=a5ae579a&itok=LZXoLCBr)
![Turkey economy](/sites/default/files/styles/article_header/public/2021-11/GettyImages-1346566420.jpg?h=a5ae579a&itok=QzKuCeXl)
Mustafa Sonmez is a Turkish economist and writer. He has worked as an economic commentator and editor for more than 30 years and authored some 30 books on the Turkish economy, media and the Kurdish question. On Twitter: @mustfsnmz