Turkey's Lira has been devaluing for years but really started ramping up in 2008 and then 2014. In 2021 Erdogan fired the finance minister because he didn't like the way the central bank wanted to curb the currency's runaway. Erdogan's plan to 'fix' the currency will do the exact opposite and frankly, what we are seeing now - he wants to print money to curb inflation. Printing money exaserbates the problem.