Annnddd. . . yet another idiotic, mindless blurt from FR's resident Zeeper Village Idiot™.
Posted on 12/05/2024 3:56:46 AM PST by marcusmaximus
Vladimir Putin is facing an economic crisis on multiple fronts as the rouble collapses and inflation soars.
The head of the Russian Central Bank, Elvira Nabiullina, looks set to compound Moscow's economic misery further as she warns that inflation is continuing to rise.
She warned on Wednesday that interest rates may have to be hiked further but added that the decision is “not predetermined.”
Ms Nabiullina said: “We have indicated that the Central Bank is open to the possibility of raising the rate, but I want to emphasise that this is not predetermined.
"Yes, there is a new pro-inflationary factor, the exchange rate, and price growth remains high, but we are already observing, according to the latest data, a credit slowdown, including corporate loans.
The Russian Central Bank last raised interest rates in October to a record 21 percent to “prevent [Russia] from entering an inflationary spiral."
But Ms Nabiullina says this has not done enough to quell the inflationary pressure.
She continued: “Unfortunately, inflation this year will be higher than next year. But the path to our target will take all of next year and may extend into 2026."
(Excerpt) Read more at express.co.uk ...
Don't know when TG decided to go all in on the Ukraine-Russia trolling, but here we are.
The good news is that TG was all in with trolling for Abel Reyna and the bogus Waco Twin Peaks prosecutions.
He's even got TWO Free Republic acronyms named after him.
IBTG [In Before TexasGator] and IATG [In After TexasGator] mostly seen on freeper Elderberry's Waco-Twin Peaks threads.
Spamming azzhole
ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ
agree !!
I’ve been to Russia a few times myself.
Amazing what a distorted view the zeepers have of Russia, especially when they’ve never even been there. 🤷♀️
A booming economy is one.
Printing money, like we did in the '70s and have done in recent years and like Venezuela has done, is another.
The Green agenda is also has driven inflation rates up here and Europe.
“Remember what happened last time you really bought into a trolling gig - the Waco thing and Abel Reyna”
I forgot. Which gand did you support?
That's kind of a personal question, troll.
Did you have your gand in your hand when you typed that?
A booming economy produces more output. That tends to be deflationary. Is Venezuela producing more GDP than ever? Is Russia?
Printing money, like we did in the '70s and have done in recent years and like Venezuela has done, is another.
Or like Russia.
The Green agenda is also has driven inflation rates up here and Europe.
Making your energy inputs more expensive makes your outputs less affordable and lowers GDP.
Adding military production and presumably reducing everything else probably makes "everything else" more expensive. Making more tanks isn't reducing demand for the reduced food or clothing produced.
RUSSIA SHOCKED: Ukraine is getting really good at creating salients....
Someone should tell the Ukrainians that firebags [with their own troops in them] are not a good strategy...
Wrong. Economic growth always produces some inflation. Why? Because if consumers are working more and making more money, they are spending more.
That is Economics 101.
Annnddd. . . yet another idiotic, mindless blurt from FR's resident Zeeper Village Idiot™.
“I suggest you go visit and see for yourself”
The average hourly salary in Russia is $7.15.
The quit whining like a baby.
“The quit whining like a baby.”
Grow up
Interesting that you did not address his post directly but chose to attack personally. ...
IBTG [In Before TexasGator] and IATG [In After TexasGator] mostly seen on freeper Elderberry’s Waco-Twin Peaks threads
———
Does he ever post articles? Or just “ Opine”?
He's trolling on a computer thread right now, tryiing to impress everyone with his "knowledge".
LOVES LOVES LOVES to take stuff out of context to make his troll "point".
“as far as I can tell” ;-)
“He’s trolling on a computer thread right now, tryiing to impress everyone with his “knowledge”.”
To correct the record, you trolled me and I was responding to your posts.
Interesting that you are getting kissy-kissy with a dude that:
Pimps for a pro-Russian convicted felon who lost $700k of investors’ money in a ponzi scheme
Posted an article written by a pro-Hamas idiot
Predicts a US civil war starting next year resulting in four new countries in 2026
TG wrote: “To correct the record, you trolled me and I was responding to your posts.”
There you go, lying again, TexasGator.
Didn’t we just have words about your incessant lying?
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