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Dustin Hamabata
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Comments by "Dustin Hamabata" (@dustinhamabata902) on "Russian Ruble is Not Money" video.
RCB rate is at 16% Ask yourself: why does Russia need a Central bank rate that is so very high? Don't they know that a rate that high Prevents consumer credit and disallows large government deficits. The reason they are forced into this high interest rate is double-digit inflation going on in Russia's wartime economy
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Inflation is massive in the Russian federation thanks to a 5 million worker labor deficit thanks to Russia's military mobilization.
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In the Russian post-apocalyptic novel, Metro 2033 the Russians use 7.62mm AK rounds as currency. Instead of checking for counterfeit they check to make sure the firing pin is intact before agreeing to any transaction.
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