☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 1 month agoRemember how earlier this week all the “experts” declared that Russia collapses and the rouble is destroyed.lemmy.mlexternal-linkmessage-square15fedilinkarrow-up143arrow-down123
arrow-up120arrow-down1external-linkRemember how earlier this week all the “experts” declared that Russia collapses and the rouble is destroyed.lemmy.ml☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 1 month agomessage-square15fedilink
minus-squareGloomylinkfedilinkarrow-up1·1 month agoMost, as you put it, “experts” point to inflation as a consequence, but I know shit about economics and don’t know the mechanism behind it. https://www.newsweek.com/what-does-rubles-sharp-fall-mean-russias-economy-1992933
minus-square☆ Yσɠƚԋσʂ ☆@lemmy.mlOPlinkfedilinkarrow-up2·1 month agoThey just state inflation would be an outcome without actually explaining how that would happen. It’s pretty clear these people are just parroting things without understanding them.
Most, as you put it, “experts” point to inflation as a consequence, but I know shit about economics and don’t know the mechanism behind it.
https://www.newsweek.com/what-does-rubles-sharp-fall-mean-russias-economy-1992933
They just state inflation would be an outcome without actually explaining how that would happen. It’s pretty clear these people are just parroting things without understanding them.