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47 sats \ 3 replies \ @Satosora 25 Oct 2024 \ on: Russia's central bank combats iflation with drastic interest rates econ
Inflation is the only way they can take advantage of the brics.
If they can print more without the other countries noticing, then they are winning, right?
But in that way the Ruble loses internal purchasing power and external credibility wgich is crucial if You want to build a trusted ledger system
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You cant trust those countries in any way.
They are going to stab each other in the back as soon as they can.
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so true...
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