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dixon pinfold
Mauldin Economics
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Comments by "dixon pinfold" (@dixonpinfold2582) on "Mauldin Economics" channel.
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@maphezdlin Macgregor is the American Lord Haw Haw. His utterances are indistinguishable from those of Dmitri Peskov, the spokesman of the Kremlin.
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As a country at war bankrupts itself with military spending, its GDP figures sail merrily higher.
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The rouble isn't falling. It's lower than before the war and in my view its outlook is quite negative, but it is currently steady. It's where it was 8 months ago. On inflation you are either badly mistaken or unbelievably well informed. The official rate is 7.4%. But Russian government statistics in wartime are unlikely to be accurate, so no one knows. Maybe you're thinking of the central bank base interest rate (16%).
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As the caterpillar lays her eggs on the fairest leaves, so the Russians swarm the comments below the most truthful videos about their monstrous war.
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Interesting remarks down here. I never knew the overwhelming majority of Americans think so ill of their own country and admire Russia so greatly.😂
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@aucourant9998 Where do you get your information? 😂Dmitri Medvedev's bartender? Euro Area inflation is 2.6% compared to Russia's reported 7.4%. And Russia's rate is down from 2 years ago only because the outbreak of war had sent it up to 18%. Then the expenses of war began to be sucked out of consumers' pockets, hence lower CPI. Right now it's triple what it was last spring and you can expect further repeated swings up and down in response to erratic decisions from the Kremlin. Make no mistake, Russia's total financial losses in this war in terms of direct cash war spending, reduced oil & gas revenues, fallen production, withdrawal of foreign investment; as well as seized and destroyed assets, inflation and other forms of evaporation of wealth (like the fall of the value of the stock market to only $62bn) are already over a trillion dollars. Yep, over ₽100 trillion.
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@aucourant9998 And where do you get your information? Dmitri Medvedev's bartender? Euro Area inflation is 2.6% compared to Russia's reported 7.4%. And Russia's rate is down from 2 years ago only because the outbreak of war had sent it up to 18%. Then the expenses of war began to be sucked out of consumers' pockets, hence lower CPI. Right now it's triple what it was last spring and you can expect further repeated swings up and down in response to erratic decisions from the Kremlin. Make no mistake, Russia's total financial losses in this war in terms of direct cash war spending, reduced oil & gas revenues, fallen production, withdrawal of foreign investment; as well as seized and destroyed assets, inflation and other forms of evaporation of wealth (like the fall of the value of the stock market to only $62bn) are already over a trillion dollars. Yep, over ₽100 trillion.
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