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Sunday, 12 January 2025 18:02
in Economics and politics

How (not) to control inflation in Russia

Inflation is high in Russia and people are worried that butter prices have gone through the roof. A standard 200g stick of butter now costs around 200 rubles, or around US$ 2. CNN photo from a Supermarket in Saint Petersburg.

Russia is struggling to control a stubbornly high inflation. The Russian Central Bank blames the shortage of manpower, which in their view is producing ‘wage-push-inflation’, so they want unemployment to go up by stopping economic growth. But there are other ways to control inflation that would be more beneficial to common people in Russia.

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Friday, 10 January 2025 20:40
in Economics and politics

Is Russia’s economy finally collapsing?

New Year decorations in Moscow, 11 December 2024. Waiting for Russia’s collapse? Yo may be deceived.

After a period of relative calm, mainstream media have lately, once again, been flooded with articles predicting the imminent collapse of Russia’s economy. The sanctions, together with the financial burden of the war in Ukraine, should finally be working, so Russia is now under severe strain, and we will in 2025 see the collapse. Is there any truth in this?

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