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Putin Says US Decision To Print Money Is Behind Soaring Food Prices
Burning Platform ^ | 6/3/22 | TYLER DURDEN

Posted on 06/03/2022 12:35:32 PM PDT by JonPreston

Earlier, we reported on the deranged, confused, false ramblings of a senile old man who is so out of his depth in running the world’s biggest economy, the catastrophic results will soon be obvious to even his most die-hard fans. Now, it’s time for his nemesis on the world scene, Russia’s Vladimir Putin to respond.

Speaking in a TV interview on Friday evening, following a meeting with African leaders in Sochi, Putin accused Western leaders of trying “to shift the responsibility for what is happening in the world food market” and said that “restrictions imposed by the US and its allies against Russia and Belarus will only exacerbate the looming global food crisis by affecting fertilizer trade and sending the food prices further up.”

Instead of looking toward Russian, Putin said that the root causes of the crisis lie with the US decision to print record amounts of money which led to an increase in global food prices, as well as Europe’s over-reliance on renewables and short-term gas contracts

(Excerpt) Read more at theburningplatform.com ...


TOPICS: News/Current Events
KEYWORDS: bidenflation; china; coldwar2; communism; foodprices; inflation; money; putin; russia; sovietunion; xi
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To: Jan_Sobieski

He still has a partially functioning brain!


61 posted on 06/03/2022 2:08:05 PM PDT by allwrong57
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To: PGR88

in a similar position in a crisis, would Biden, Harris or ANYONE in power in DC say similar things?

- - - - - - -

Rand Paul said something about economic opportunity zones.


62 posted on 06/03/2022 2:11:47 PM PDT by TTFX
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To: PGR88
” Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.”

Milton Friedman

Thanks for posting that famous Friedman explanation of the root cause of inflation. The politicians will point you in a dozen directions on who is to blame and never get close to naming the U.S. Government and the Fed. But they can’t fool the Freepers.

63 posted on 06/03/2022 2:19:22 PM PDT by InterceptPoint (Ted, you finally endorsed.)
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To: BradtotheBone

Is he?


64 posted on 06/03/2022 2:31:40 PM PDT by DoodleDawg
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To: JonPreston
The U.S. has been running trillion dollar deficits for the past few years, and massive billion dollar deficits for many years before that and now it's suddenly impacting food prices?
65 posted on 06/03/2022 2:36:23 PM PDT by DoodleDawg
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To: Leep

About a buck and a half per dozen.

But they sell several types of eggs....including duck eggs.

Everything they eat over there involves wheat and eggs. Lots of pasta.


66 posted on 06/03/2022 2:41:08 PM PDT by crz
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To: The Louiswu

As much of a murderous thug as Vlad is, he’s a way better than Brandon will ever be.


67 posted on 06/03/2022 2:44:06 PM PDT by Roman_War_Criminal (Jesus + Something = Nothing ; Jesus + Nothing = Everything )
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To: C210N

“Of course, Milton meant ‘debt’ when he said ‘money’. Dollars are debt. M2 is debt, for the most part - 99% of it.”

No. That’s just you linking his name to the credit theory of money, which if anything is connected to Modern Modern Theory and not the Monetarism that he’s famous for.


68 posted on 06/03/2022 2:46:37 PM PDT by Pelham (World War III is entering on cat's feet.)
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To: JonPreston

You have all the emotional maturity of a 13 year old girl.

No, check that. An 11 year old girl.

L


69 posted on 06/03/2022 2:48:44 PM PDT by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it islam )
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To: Pelham

Okay, sure... let me rephrase then:

Where Milton said ‘money’, replace that with me saying ‘debt’. Dollars are debt. M2 is debt, for the most part - 99% of it.

I certainly didn’t and don’t mean to put words into Milton’s mouth.


70 posted on 06/03/2022 2:57:33 PM PDT by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
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To: Lurker

ROBERTS. where did that come from 🤨


71 posted on 06/03/2022 3:02:07 PM PDT by JonPreston (Q: Never have so many, been so wrong, so often)
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To: JonPreston

You have a very strange fixation.

I suggest you seek competent psychiatric help.

L


72 posted on 06/03/2022 3:03:54 PM PDT by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it islam )
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To: JonPreston
We have Roberts the Pirate on this board?


73 posted on 06/03/2022 3:06:14 PM PDT by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: Lurker
You use a pirate 🏴‍☠️ name and I need help?

ROBERTS. Tell us more.

74 posted on 06/03/2022 3:07:42 PM PDT by JonPreston (Q: Never have so many, been so wrong, so often)
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To: Seruzawa

Yes, his full pirate name is Iron Jack Roberts, as per his Homepage.


75 posted on 06/03/2022 3:09:23 PM PDT by JonPreston (Q: Never have so many, been so wrong, so often)
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To: JonPreston

.


76 posted on 06/03/2022 3:14:35 PM PDT by sauropod (What we’re living through is not an unintentional accident: it’s the American Holodomor.)
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To: Jan_Sobieski

Because how men most Russians have already learned a lesson about what happens when you embrace communism and Socialism. Did you know that one thing they used to do in Soviet Russia was to tell people something that was obviously untrue and get them to agree to the lie. It’s kind of hard to come back from that And it takes real effort and a certain embrace of the truth.


77 posted on 06/03/2022 3:30:29 PM PDT by rottweiller_inc (inter canem et lupum )
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To: JonPreston

All parties need to commit to doing everything possible to ensure the free flow of fuel, fertilizer, and food.


78 posted on 06/03/2022 3:38:55 PM PDT by Arcadian Empire (The Baric-Daszak-Fauci spike protein, by itself, is deadly.)
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To: Born in 1950

Increase the amount of goods.


79 posted on 06/03/2022 3:39:56 PM PDT by Arcadian Empire (The Baric-Daszak-Fauci spike protein, by itself, is deadly.)
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To: JonPreston

While printing money won’t help inflation, it’s the oil.

It affects every single thing we do.

Transportation
Food
Supplies
You can’t double or triple the prices of fuel, and not
toss the economy into a tailspin.

This bastard isn’t done either.


80 posted on 06/03/2022 3:58:39 PM PDT by DoughtyOne (I pledge allegiance the flag of the U S of A, and to the REPUBLIC for which it stands.)
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