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Russia in Crisis - Joe Blogs
In this video provide an update on the Russian Economy and look at the latest data released by the Kremlin. Inflation is continuing to rise and is now at the highest level for over 2 years despite the fact that interest rates are at all time high. One of the main drivers of this is the Money Supply which was increased dramatically in 2022 and has remained at elevated levels since. All of this is bad news for the long term prospects for the Russian Economy, Russian businesses and the Kremlin.
Chapters:
0:00 Intro
4:37 INFLATION
7:28 FOOD INFLATION
8:17 MONEY SUPPLY
12:19 RUSSIAN M0
14:18 INTEREST RATES
16:31 RUBLE
19:44 SUMMARY & CONCLUSION