Turkey's annual inflation jumped more than expected to a two-decade high of 54.4% in February 2022. Inflation has soared since last year as Turkey's central bank, under pressure from President Tayyip Erdogan, slashed interest rates by 500 basis points last year. Inflation is expected to continue to increase as the Ukraine conflict is putting pressure in gas, oil and grains prices. Please listen to Turkey's runaway inflation problem by NPR. Please also conduct your own research on the current economic situation in Turkey. ( please do not use ai chats use your own words) Listen to audio: 

https://www.npr.org/player/embed/1091287991/1091337530# 

1. What is causing the Turkish Lira to loose its value? 

2. How hyperinflation is affecting households and companies in Turkey? You may want to find some examples. 

3. You are an economic advisor to the Turkish government, which economic policies will you recommend the government to implement to stabilize prices?