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To: NorseViking

Exactly - it seems Russia has gone through a kind of both domestically, but also internationally imposed deflation - while the West has been on an opposite, debt and consumption fed inflation binge.

These will begin to reverse, probably soon.


20 posted on 02/20/2022 9:22:12 PM PST by PGR88
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To: PGR88

I don’t think so. Western inflation is the combined effect of the supply chain problem, helicopter money, and decreasing confidence in USD worldwide. All of the above is set to get worse before it gets better.

For Russia, her current condition is vital for import substitution program and to reduce dependency on commodities.


21 posted on 02/20/2022 9:27:53 PM PST by NorseViking
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