Comment by alkonaut

Last time I visited Turkey 25 yesrs ago the Lira was basically counted in millions. I remember exchanging some beer money and getting stacks of freshly printed 10k bills. I assume that was also after a period of massive inflation in the 80s or 90s? Some time after that they must have redefined their currency and dropped a few zeros. Have there been any other similar periods in between or has it been a pretty stable 2 decades? Are the causes similar this time? External shock and some misguided voodoo macroeconomics?