Earlier quoted context omitted.
You forgot couple important aspects: he also ruined the Russian economy (the conservative estimate is -12% GDP drop this year). Russian military industry also lost access to the Western high tech (unfortunately, a lot of it has been used in their modern equipment, such as missiles, aircraft, etc). It will take at least a decade for them rebuild the armed forces after the war with Ukraine. There is indeed a risk of Kr…
>You forgot couple important aspects: he also ruined the Russian economy (the conservative estimate is -12% GDP drop this year The conservative estimate was that the ruble would plunge about 30% as a result of the war. It's now bizarrely higher than its been in 5 years. I dont remember anybody foreseeing that. Zero. Not one analyst. Ive only heard retrospective justifications for why it happened which any idiot can c…
1. Control over the value 2. Control over inflation 3. Free trade
Russia has chosen to just go for one of the trifecta, and have lost all trade and has skyrocketing inflation - but manages to keep the ruble trading high for propaganda purposes as it's seen as the "quick way to measure" an economy.