The war has won. Why Putin decided to «ground» the economy
Last week, during the Eastern Economic Forum, acknowledged problems with the slowdown of the Russian economy but added that victory over inflation is more important – supposedly, it's better for the people. However, the issue is not the welfare of the citizens. The continuation of the war requires increased spending on it. And here, strict monetary policy is unavoidable. This will result in the labor of the majority of Russian citizens becoming cheaper.
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