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The Russian invasion isn't what caused inflation. I don't believe in the "Putin's price hike" because inflation was already picking up speed in Q2 2021, well be
by ihalip 4y ago
The Russian invasion isn't what caused inflation. I don't believe in the "Putin's price hike" because inflation was already picking up speed in Q2 2021, well before the invasion.
- epistasis 4y agoIt's likely that there are a multitude of causes each contributing a bit. Many many different areas are experiencing "perfect storms" to cause huge disruptions and shortages: https://www.bloomberg.com/news/articles/2022-07-11/thirteen-perfect-storms-that-are-sweeping-the-world-right-now https://www.bloomberg.com/news/articles/2022-07-11/thirteen-...