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Russia's Central Bank hikes interest rate to 18% as inflation soars (apnews.com)

submitted 3 months ago by realitista@lemm.ee to c/ukraine@sopuli.xyz

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cross-posted from: https://lemmit.online/post/3523779

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The original was posted on /r/ukrainianconflict by /u/doughtnut2022 on 2024-07-27 00:45:13+00:00.

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[-] skeezix@lemmy.world 50 points 3 months ago

What i find most sad about Russia is that the people have, for the most part, accepted corruption as the way of life.

[-] Angry_Autist@lemmy.world 3 points 3 months ago

8+ decades of hardcore civilian oppression, declining opportunities, and constant propaganda are what has brought them there, and we aren't far behind them.

[-] Tar_alcaran@sh.itjust.works 38 points 3 months ago

But don't worry, the economy is fine! It's never been better, just look at how much money they're spending on things!

/S, obviously.

[-] GreyEyedGhost@lemmy.ca 2 points 3 months ago

But the GDP went up!

[-] thebestaquaman@lemmy.world 1 points 3 months ago

Like, I'm honestly wondering how long they can keep stuff like this going. Here at home people are complaining about 5 % interest rates and how it's affecting people's personal economy. I mean, we're seeing an inflation rate of almost 10 % and interest rates of almost 20% in Russia, they can't possibly keep that going for very much longer?