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An erosion in purchasing power implied by high domestic inflation could weigh it down further, as also a drop in the exchange rate itself, as price-inelastic imports get even dearer in local money. ....
Paid for it in rubles and the treasury department would not allow it to go through. remember, they ve got all of these dollar assets around the world in american banks that they can t get their hands on. the ruble, by the way, the ruble has been manipulated over the last few days. trying to save the ruble, very difficult to determine what the real value is of the ruble at this point. the economy is crashing there. the markets have crashed. the economy is crashing there in russia and there s no question, standards of living with russian citizens are declining rapidly. economists are projecting a 10% decline in gdp this year and we should note a 45% decline is expected this year. really felt terribly in ukraine. the people always suffer the most. they think they ll be further russian sanctions from here on out. difficult to see how they pay all of their debts on time. full on economic war. christine romans, thank you. ....
Russian troops now having been sent there. but the biggest deployment since post-war history, amassing on the russian side of the border with ukraine. with more than 100,000 troops that vladimir putin has been building up, as part of this ongoing diplomatic leverage, kristi, that he s being trying to achieve to essentially get nato to push back on its boundaries, to get nato to shrink back in some way towards the post-soviet time. because, of course, nato has expanded quite significantly since that time, taking a lot of eastern european countries. and that is essentially what vladimir putin is going into these talks with, from the u.s. and nato s point of view. well, they re saying that there s an opportunity, according to anthony blinken for de-escalation via diplomacy. but if they re not able to do that, the issue of economic sanctions could be something that they could apply to the inner circle around the kremlin to try to stymie their access to dollar assets and capitol and technol ....
We ve dollarisation, and the malpractice. we ve increased 42% the money supply in the we ve increased 42% the money supply in the united states over the last 22 months. i want to restate that, 41% more 22 months. i want to restate that, 41% more dollars in m2, it s showing up in 41% more dollars in m2, it s showing up in inflation data all over the world, up in inflation data all over the world, its up in inflation data all over the world, its corrupting prices and is actually world, its corrupting prices and is actually a world, its corrupting prices and is actually a theft on people who have dollar actually a theft on people who have dollar assets, they re basically being dollar assets, they re basically being taxed by the central bank. i like this being taxed by the central bank. i like this strategy and if he can stay like this strategy and if he can stay there one of the things about politics stay there one of the things about politics particularly in the ....