Bank of England Raises Rates, Turkey Stock Market Crashes

• GoldSilver Pros
  Bank of England raised #rates from 0.1% to 0.25% yesterday to cope with high inflation. Turkey’s currency has crashed 50% this year, and currently is dealing with 21% inflation. As a result, #stocks crashed yesterday and circuit breakers shut down their largest stock exchange to prevent a hard crash. #Inflation is everywhere, and this trend will continue to grow in 2022.

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