Turks often keep gold as a hedge against inflation. It may be hurting Turkey's future

In Turkey, many people hold gold outside the banking system as a safeguard against inflation, but this practice could be hindering economic growth. The government is trying to encourage people to deposit their gold in banks to integrate it into the formal financial system, which could provide more liquidity and support broader economic development. This shift could help stabilize the economy and make it more resilient to future inflationary pressures, though convincing citizens to move their gold into banks may prove challenging.