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10 sats \ 1 reply \ @stack_harder 25 Oct \ on: Russian Central Bank Cuts Key Rate to 16.5% as Economy Slows econ
they're trying to suck up liquidity with super high interest on deposits, but i wouldn't be surprised if, at some point, it was all frozen or used for the war effors while the shitizens get issued some kind of war bond and shafted out fo all their savings
bascially, only the war-adjacent factories and businesses are florishing, while the private sector is getting squeezed into oblivion
Yes, regarding the war aspect of it, I think it should be one of the reasons too. Thanks for sharing, your contribution is helpful.
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