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This is the Cato Daily Podcast for Friday, December 10th, 2021.

I'm Caleb Brown.

Turkey's President Erdogan exerts a high degree of control over the government, the

press and the economy, and while Erdogan doesn't appear

to take criticism particularly well, the performance of the Turkish Lira as currency, try as he might,

isn't really in his control.

Cato's Mustafa Akyol explains.

Thirky is going through what the Wall Street Journal editorial recently,

a Wall Street Journal editorial recently called the

the Ardoan Lira crisis.

Lira is of course Turkey's national currency.

...