this post was submitted on 23 Nov 2024
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"The Russian Ruble is even collapsing against the Ukrainian Hyrivnia Food for thought."

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[–] Buffalox@lemmy.world 5 points 1 month ago (1 children)

This is true Russia is running out of options, and even if the 3 latest interest rate hikes didn't do much, I'm still pretty sure they'll have to do it again.
Every little bit helps as they say.

[–] Valmond@lemmy.world 3 points 1 month ago

Yep, but it's also like pissing in the bed to keep you warm πŸ˜‹, it will strain the growth even more.