... The economy is being funded by the cash reserves, which increases inflation, which leads to another round of interest rate hikes to combat inflation, which makes it harder to borrow money, which is necessary for economic growth. Eventually, the cash reserves will run out. It took 2.5 years to deplete half the Russian reserves. Russia withdrew $37 billion to cover deficits in December 2022. It withdrew $20 billion to cover deficits in December 2023. It only has $54 billion left.

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[–] doo@sh.itjust.works 16 points 2 months ago

My impression is that it's exactly what Ukraine is doing by attacking oil refineries and reserves - make russia decide wether to sell or use themselves for the war.