https://www.cnn.com/2024/11/18/economy/russia-inflation-new-heights-intl-analysis/index.html

Inflation is being driven by the rapid rise in wages as the Kremlin pours billions into military industries and sends millions of men to fight in Ukraine. In the middle of a war, companies outside the defense sector can’t compete for workers without paying much higher wages. In turn, they charge higher prices. So the spiral continues.

“Prices are rising because of the war,” Alexandra Prokopenko at the Carnegie Russia Eurasia Center in Berlin told CNN. “Demand in the economy is distorted in favor of unproductive spending. Wages rise because employers have to compete for labor.

  • RiotDoll [she/her, she/her]
    ·
    1 month ago

    sounds like a problem that could be fixed with, i dunno, reverting to a previous expression of government.

    Russia, revive socialism. Then release your queer and lgbt issues, make the new scapegoat an actual enemy, instead of making up enemies within