☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 6 months agoRemember how earlier this week all the “experts” declared that Russia collapses and the rouble is destroyed.lemmy.mlimagemessage-square15fedilinkarrow-up142arrow-down124
arrow-up118arrow-down1imageRemember 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 · 6 months agomessage-square15fedilink
minus-squareGloomy@mander.xyzlinkfedilinkarrow-up1·6 months 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-up2·6 months 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.