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.
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...