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Louis Giokas
The Russian Dude
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Comments by "Louis Giokas" (@louisgiokas2206) on "IT FINALLY HAPPENED! Russians Started Asking 'Hard Question'. Putin is Silent // @TheRussianDude" video.
Typically, if a central bank is going to use interest rates to fight inflation, the interest rate has to be as high as the inflation rate or slightly higher. This implies that the inflation rate is at least 20%. Often, banks have political problems when they get to much higher interest rates. So, in this case, it is most probably even higher.
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