Russia’s central bank has raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflation.

Russia’s central bank on Friday raised its key interest rate by two percentage points to a record-high 21% in an effort to stem growing inflation as massive government spending on the military amid the fighting in Ukraine strains the economy’s capacity to produce goods and services and drives up workers’ wages.

    • @foggenbootyEnglish
      31•1 month ago

      OK buddy. At the end of the day no matter what you believe, Russia invaded another country first and there’s nothing you can say that will change that. While the US is FAR from blameless in regard to foreign meddling, you are absolutely on the wrong side of history.

    • @NofearfrontierEnglish
      5•29 days ago

      You better save that ruble, once they don’t need you to spew non sense on the internet, you going to the front.

      • @[email protected]English
        -6•29 days ago

        Very substantive retort. It is only the people against war that have to be paid for it. The pro war demons are all in it for love.

          • @barsquidEnglish
            4•29 days ago

            I think they’re trying to say that, because they have to be paid to praise one country’s completely unprovoked invasion of another, therefore they are a better person than us, who, unpaid, say Ukraine is in the right, therefore we “love war.” It is a weird fucking flex.