Inflation hits Russia

[tyz]

Both countries will suffer after the war, not just ukraine but also russia will have an economy crisis because of many countries starting to sanctioned russia. In this war conflicts the citizens of both countries will be much more affected.

I think it will depend a lot on how the war turns out. At the moment it looks like Russia will win sooner or later and place a puppet government, similar to the one in Belarus. Then Ukraine would have a bad day economically, just like Russia. However, if Ukraine wins (e.g. if the Russian people overthrow Putin) and Russia has to withdraw, Ukraine could experience an economic boom, especially if the EU decides to include Ukraine more in the European economic system (it is possible in principle even without EU accession).

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[gantez]

However, if Ukraine wins (e.g. if the Russian people overthrow Putin) and Russia has to withdraw, Ukraine could experience an economic boom, especially if the EU decides to include Ukraine more in the European economic system (it is possible in principle even without EU accession).

Yes I believe that if Russia don't succeed at the end the EU and US will surely throw in money to Ukraine to help build back the city and the whole of destructions going on there. It is a pity that lives lost will not be regained and the Ukrainian fallen heroes won't come back but will surely be in remembrance in Ukraine. I urge the Ukrainians to be strong to wade away the enemies of freedom.

[Emitdama]

Infant both Russian and Ukraine,it will take them some years before they can recover from their losses in this war situation that is going on their countries. Just 5 days the war has started, many people has loss their lives and properties  and many companies has packed up because of the war that is affecting their workers and customers in the country. Inflation has started already in the both countries because war is the major thing that cause inflation to humanity. The two countries find it difficult to feed very well over 5 days the war has started between Russian and Ukraine which is seriously causing damages to their economy and education sectors because all schools in those two countries has been closed down few days ago for the safe of the students and staffs in the countries.

Depending on the damage, the bigger the damage is, the longer the recovery. I think it was Ukraine that is affected in terms of property damages but they can worry less because other countries are supporting them. If there is one that will suffer the most, that will be Russia because of the sanctions given to them.

Business and schools like you said can be cancelled for a while but it can be resumed as soon as possible, it's important but lives are more important because once it's lost it can never be returned again. It's only sad that there are innocent people that have been killed already. The Russian president must pay big for this.

[Ararbermas]

Obviously, it will happen because other countries are sanctioning Russia, however, I think they already know the effect of the war and they are ready for it.

for sure putin already knows that there will be an impact on their economy after that war, wherein  probably he preferred to sacrifice everything just to invade Ukraine because of his pride as well.

But still they're the fifth world's leading exporter, so we might be affected of some reason because of the inflation.

[mindrust]

I always thought that it was a mistake to enter in such a dependency from Russia.

You know who else said the same thing?

Trump did.

https://9gag.com/gag/aBndj6x

He said the same thing right in the face of the Europeans and they came up with all kinds of excuses. He says the former chancellor of Germany owns a gas company that imports the gas from Russia, wohoo that's a new low.

[FanEagle]

However, if Ukraine wins (e.g. if the Russian people overthrow Putin) and Russia has to withdraw, Ukraine could experience an economic boom, especially if the EU decides to include Ukraine more in the European economic system (it is possible in principle even without EU accession).

Yes I believe that if Russia don't succeed at the end the EU and US will surely throw in money to Ukraine to help build back the city and the whole of destructions going on there. It is a pity that lives lost will not be regained and the Ukrainian fallen heroes won't come back but will surely be in remembrance in Ukraine. I urge the Ukrainians to be strong to wade away the enemies of freedom.

I wouldn't need to guess, the west is already sending a lot of stuff. Just yesterday it was officially notified that they are sending 500 million Euros worth of military equipment. From guns to drones to even something as simple as long lasting foods (canned foods and so forth) with even some clothing armors and so forth, with trucks and all.

So, basically everything you can imagine that would be needed aside from Missiles if I am not wrong, that one was missing from what I read, but I could be wrong. All in all, we are talking about a ton of new stuff, and Ukraine bought some more drones from Turkey which proved to be amazingly efficient in this war, 5 or 6 new ones just today, meaning they can keep on buying more, and if turkey has more than they will sell them too.

[Taskford]

Obviously, it will happen because other countries are sanctioning Russia, however, I think they already know the effect of the war and they are ready for it.

for sure putin already knows that there will be an impact on their economy after that war, wherein  probably he preferred to sacrifice everything just to invade Ukraine because of his pride as well.

But still they're the fifth world's leading exporter, so we might be affected of some reason because of the inflation.

This is expected if there's a war happen between in two countries and even if we are far from them we can still feel the effect of the conflict since the price of gas and other goods rise up and inflation rate in the world rise to so for sure Russia is not the only one suffer from this. But I'm sure they can recover easily since they are self sufficient country and those small countries or shall we say 3rd world country will be the one who will badly hit for this inflation.

[The Sceptical Chymist]

I think it will depend a lot on how the war turns out. At the moment it looks like Russia will win sooner or later and place a puppet government, similar to the one in Belarus.

I'm not sure puppet governments are ever good, but we'll have to see how this whole thing turns out.  I do think both countries are going to get hit economically by the invasion (especially Russia, and we're already seeing that with the ruble being devalued), which just makes me wonder even more what Putin was thinking in doing what he's doing.

The radio was saying today that one ruble is worth $0.01 or something like that.  I haven't checked the history of the USD/Ruble value, but I'm assuming that the ruble is worth a lot less today than it was prior to the invasion of Ukraine.  Whatever Putin gains from this, it's sure going to cost the citizens of Russia a lot if there's serious inflation that arises in the near future.  Again I say, what a mess this is.

[BlackHatCoiner]

This isn't just inflation, that's the worst case scenario for a currency. To be issued from a country that is currently rejected by everyone. Some Russians are gonna starve to death...

I do think both countries are going to get hit economically by the invasion (especially Russia, and we're already seeing that with the ruble being devalued), which just makes me wonder even more what Putin was thinking in doing what he's doing.

Besides the currency devaluation, they spend billions of dollars on military expenditures. Specifically, it's known that they're giving $15 billion per day on devastating missiles. I think he knows very well what he's doing, although humanitarian speaking, he's an asshole.

[Gyfts]

I think it will depend a lot on how the war turns out. At the moment it looks like Russia will win sooner or later and place a puppet government, similar to the one in Belarus.

I'm not sure puppet governments are ever good, but we'll have to see how this whole thing turns out.  I do think both countries are going to get hit economically by the invasion (especially Russia, and we're already seeing that with the ruble being devalued), which just makes me wonder even more what Putin was thinking in doing what he's doing.

The radio was saying today that one ruble is worth $0.01 or something like that.  I haven't checked the history of the USD/Ruble value, but I'm assuming that the ruble is worth a lot less today than it was prior to the invasion of Ukraine.  Whatever Putin gains from this, it's sure going to cost the citizens of Russia a lot if there's serious inflation that arises in the near future.  Again I say, what a mess this is.

Well, Ukraine was a puppet government for the West, as unpopular as that idea may be. The Ukrainian government was heavily influenced by the West with anti-Russian pressure. So we only consider puppet governments to be good when it benefits the interest of a country or group of countries.  I don't consider puppet governments a bad thing, as long as they embrace western values/capitalism - a Putin installed puppet would be a pseudo-democracy and Russian proxy.

As far as inflation goes, ruble was already leaning towards being worthless because of how fragile the Russian economy was pre-invasion. Putin needs Ukraine because he prepaid for the war and his gamble must pay off.

[Scripture]

This isn't just inflation, that's the worst case scenario for a currency. To be issued from a country that is currently rejected by everyone. Some Russians are gonna starve to death...

I do think both countries are going to get hit economically by the invasion (especially Russia, and we're already seeing that with the ruble being devalued), which just makes me wonder even more what Putin was thinking in doing what he's doing.

Besides the currency devaluation, they spend billions of dollars on military expenditures. Specifically, it's known that they're giving $15 billion per day on devastating missiles. I think he knows very well what he's doing, although humanitarian speaking, he's an asshole.

This is the consequences, let’s just see if they are well prepared for this invasion since they are not just losing money here, they are also losing soldiers which is really a bad one.

Many economic sanctions will happen, they will hit hard Russia and there will be a long term effect of this one. Hoping that China wont do the same shit, because they will also suffer for sure.

[24Kt]

This isn't just inflation, that's the worst case scenario for a currency. To be issued from a country that is currently rejected by everyone. Some Russians are gonna starve to death...

I do think both countries are going to get hit economically by the invasion (especially Russia, and we're already seeing that with the ruble being devalued), which just makes me wonder even more what Putin was thinking in doing what he's doing.

Besides the currency devaluation, they spend billions of dollars on military expenditures. Specifically, it's known that they're giving $15 billion per day on devastating missiles. I think he knows very well what he's doing, although humanitarian speaking, he's an asshole.

This is the consequences, let’s just see if they are well prepared for this invasion since they are not just losing money here, they are also losing soldiers which is really a bad one.

Many economic sanctions will happen, they will hit hard Russia and there will be a long term effect of this one. Hoping that China wont do the same shit, because they will also suffer for sure.

I believe, Putin already knows these possible consequences. And for the sake of his self-interest, it seems that he doesn't care about the welfare of its people just to serve his power over Ukraine. This can easily go to worse because if Putin will activate their nuclear weapon, the world may possibly unite to stop the madness of Putin. So we will see in the next coming days, because this invasion has been losing a lot of lives already.

[Argoo]

Both countries will suffer after the war, not just ukraine but also russia will have an economy crisis because of many countries starting to sanctioned russia. In this war conflicts the citizens of both countries will be much more affected.

I think it will depend a lot on how the war turns out. At the moment it looks like Russia will win sooner or later and place a puppet government, similar to the one in Belarus. Then Ukraine would have a bad day economically, just like Russia. However, if Ukraine wins (e.g. if the Russian people overthrow Putin) and Russia has to withdraw, Ukraine could experience an economic boom, especially if the EU decides to include Ukraine more in the European economic system (it is possible in principle even without EU accession).

With each new day, it becomes more and more obvious that the advantage and initiative in the war goes to Ukraine. Russia suffers heavy losses in manpower and equipment, but has not achieved its goals in any of the four main directions of attack. Putin expected to capture Ukraine in three days, so the Russian troops were provided with food, fuel and ammunition for this period. Russian soldiers themselves do not understand what they are doing in Ukraine and for which they are already dying by the thousands. Therefore, they often leave their military equipment without fuel and run away or surrender.
At the same time, every citizen of Russia has already felt the effect of the latest international sanctions, which are simply disastrous for the Russian economy.
Ukraine needs to hold out until about March 10th. After that, the war will decline and end with a complete victory for Ukraine. Russia will not only get out of all the occupied territories of Ukraine, but will also be forced to rebuild the destroyed settlements in Ukraine and compensate for the losses caused to it. Only after that the sanctions will be lifted from it.

[jc12345]

Both countries will suffer after the war, not just ukraine but also russia will have an economy crisis because of many countries starting to sanctioned russia. In this war conflicts the citizens of both countries will be much more affected.

Infant both Russian and Ukraine,it will take them some years before they can recover from their losses in this war situation that is going on their countries. Just 5 days the war has started, many people has loss their lives and properties  and many companies has packed up because of the war that is affecting their workers and customers in the country. Inflation has started already in the both countries because war is the major thing that cause inflation to humanity. The two countries find it difficult to feed very well over 5 days the war has started between Russian and Ukraine which is seriously causing damages to their economy and education sectors because all schools in those two countries has been closed down few days ago for the safe of the students and staffs in the countries.

Should this war end with the current Ukrainian government still in place, the chances are high that the West will assist Ukraine to recover with money and reconstruction, which means that Ukraine will recover much quicker than Russia.

[tyz]

However, if Ukraine wins (e.g. if the Russian people overthrow Putin) and Russia has to withdraw, Ukraine could experience an economic boom, especially if the EU decides to include Ukraine more in the European economic system (it is possible in principle even without EU accession).

Yes I believe that if Russia don't succeed at the end the EU and US will surely throw in money to Ukraine to help build back the city and the whole of destructions going on there. It is a pity that lives lost will not be regained and the Ukrainian fallen heroes won't come back but will surely be in remembrance in Ukraine. I urge the Ukrainians to be strong to wade away the enemies of freedom.

Unfortunately, this presupposes that Russia loses the war and Ukraine retains all or most of its territorial integrity and that Russia agrees to allow Ukraine to move closer to the West. All of that is very far from a possibility right now. The only chance is that Russia will experience regime change and a leader like Gorbachev will come to power. Also very unlikely at the moment.

[BlackHatCoiner]

[...]

The good of the case is that some have become concerned about the way money works[1]. Especially Russians, who saw their savings gone in just one week, because their "master" decided to start a war. Among this SWIFT nonsense, there are Russians and Ukrainians who've become obsessed by the idea of digital cash that is none's control.

[1] "I often wonder how money is stored".

[Odusko]

The economic effect of the war is going to be felt globally as the supply chain is gradually being affected, Russia is among the world's largest suppliers of gas and if they are boycotted in the supply of gas it will affect the economy of those countries that depend on Russia for gas supply. But I know this sanctioning will force Russia to easy in attack weaker countries both now and in the future. The rate of inflation is already high in Russia due to this war and that will lead to a long-term negative impact on the Russian reserve.

[SquallLeonhart]

The two-faced approach that west has towards Russia is understandable. I mean when USA invades another nation, for example like Syria or Iraq and what not, should they sanction themselves? Or do you expect other west nations partnered with them to sanction USA? Who do you expect to sanction USA in that sense? They are all as one, and they are acting as one.

In reality Iraq war had all of the west invading Iraq as well, even the ones that didn't send soldiers just supported them psychologically as well, or just sent money instead of soldiers. So, it is 100% understandable to not have sanctions. It would be like China sanctioning Russia in this Ukraine war, or North Korea doing the same, that would not make sense.

[Johnyz]

In the current situation, most countries are sanctioning Russia’s behavior. The war has brought great disaster to innocent people. Many countries and even encryption are donating to addresses in Ukraine, while Russia is being suppressed and restricted. Only face collapse instead of rapid growth.

Russia knows the consequences yet they push it through just to prove to the world that they are powerful, but it looks like they are slowly failing. The inflation will rise more, expect a more sanctions and Russian people will suffer a lot. We already heard the news about panicking in Russia, I feel sorry for them since they can’t even protest to their own government or else they’ll face charges.

[Viscore]

In the current situation, most countries are sanctioning Russia’s behavior. The war has brought great disaster to innocent people. Many countries and even encryption are donating to addresses in Ukraine, while Russia is being suppressed and restricted. Only face collapse instead of rapid growth.

Russia knows the consequences yet they push it through just to prove to the world that they are powerful, but it looks like they are slowly failing. The inflation will rise more, expect a more sanctions and Russian people will suffer a lot. We already heard the news about panicking in Russia, I feel sorry for them since they can’t even protest to their own government or else they’ll face charges.

The saddest thing about this is that Putin was ready for that but simple people will suffer a lot. It is sad to see that there are many people will be hurt in many ways. While putin and other elites will just live comfortable as they are.