Other EU
Why is Inflation Rising In Russia?
Get Nebula for just $2.50 a month: https://go.nebula.tv/tldrnewsuk
Watch the Daily Discussions on Nebula: https://nebula.tv/thedailybriefing
While inflation is falling in most of the world, this isn’t the case in Russia where it is once again on the rise despite steep interest rate hikes. So in this video, we’ll examine this problem, why it’s bad news for Putin and what might happen next.
🎞 TikTok: https://www.tiktok.com/@tldrnews
🗣 Discord: https://tldrnews.co.uk/discord
💡 Got a Topic Suggestion? – https://forms.gle/mahEFmsW1yGTNEYXA
Support TLDR on Patreon: http://www.patreon.com/tldrnews
Donate by PayPal: https://tldrnews.co.uk/funding
Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.
TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
1 – https://tass.com/economy/1681491
2 – https://cbr.ru/Collection/Collection/File/46369/Infl_exp_23-09_e.pdf
3 – https://www.economist.com/finance-and-economics/2023/09/28/the-costs-of-russias-war-are-about-to-hit-home?itm_source=parsely-api
00:00 Introduction
01:00 Why Russia’s Economy Didn’t Collapse
02:34 Russia’s Recent Inflation Problem
05:46 Why This is Bad News for Putin
07:10 Nebula
source
@groarscarx8526
February 17, 2024 at 12:58 pm
So what about you, proud Russian dumplings? How do you like Indian grenades and North Korean TNT soup? And what's about famous explosive Iranian salad? How pretty, you got for a dessert Semtex ice cream from Lebanon.😋Enjoy your meal!
@JackOQuin
February 17, 2024 at 12:58 pm
I find those graphs of rubles per dollar confusing. I could follow your logic better if you displayed pennies (or dollars) per ruble.
@hushbash2989
February 17, 2024 at 12:58 pm
Its best to be careful at this time. What will happen to the Russian economy and markets remains a mystery. There seems to be more negative portfolios this 2nd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
@peterjarmesty1884
February 17, 2024 at 12:58 pm
Cannot start from Russian figures. The Russian numbers are a combination of origami and creativity!
@MrFastFarmer
February 17, 2024 at 12:58 pm
This channel is clueless
@johnm7267
February 17, 2024 at 12:58 pm
The ignorance of these commentators is beyond belief, trotting out their opinions without giving a moment’s thought to what they are saying. Saying sanctions take some time to work. Russia has been sanctioned for a hundred years how much longer do we have to wait before they take effect. Cuba, a very poor country, has been sanctioned for 70 years yet manages to provide free education and health care.
@johnm7267
February 17, 2024 at 12:58 pm
Perhaps you can explain why the wests inflation is rising while you are at it
@spamspam541
February 17, 2024 at 12:58 pm
Neighbors renovating at 3:50 🤣
@altaccount648
February 17, 2024 at 12:58 pm
presidential election? Russia? lol ok.
@youtubeview4354
February 17, 2024 at 12:58 pm
You are so naive to belive in ruzzia numbers… Inflation is 60%
@panpsalt6757
February 17, 2024 at 12:58 pm
wait, so up until now, Russia has been waging a war with 3.9% of their GDP while Greece has been using 4% or it on military spendings for over 30 years now. Oh I love the Balkans
@wickstar345
February 17, 2024 at 12:58 pm
😂 Russia… The world's Trump.
@freedumb_3.0
February 17, 2024 at 12:58 pm
Why is inflation in Europe and America rising?
@KeiKAndLies
February 17, 2024 at 12:58 pm
Didnt know putin is into inflation. 😂
The more you know.
He should make a support group with erdogan.
@gildervonschattenkreuz4663
February 17, 2024 at 12:58 pm
Its not surprising.
Russia has been throwing out massive amounts of Money to raise War Production.
While actual Production of Consumer Goods has dropped in some Areas by up to 70%.
Meaning that People are Slowly Noticing that there is massive amounts of Money in Circulation. But barely anything to Buy for that Money.
Russia is actually managing this quite effectively right now.
Propaganda is currently keeping the worst Effects at Bay as People simply dont know how Bad it actually is. And thus Inflation only rises Slowly.
If not for Russia being extremely Effective at Propaganda and Suppression of the Population. They would already be looking at Hyperinflation because Russia is still Spending massively while Production is Dropping further.
@helenrushful
February 17, 2024 at 12:58 pm
That drop in April was a complete anomaly and almost certainly fabricated. In reality I’m sure inflation is as high as it was last year, and growing. Not least because they are far from self-sufficient, they rely heavily on imports. A good example: caviar, Russian caviar is skyrocketing because they can’t import fish food to feed the fish !
@donnytonny730
February 17, 2024 at 12:58 pm
I hope the Russian elections are wacky
@rofljohn23
February 17, 2024 at 12:58 pm
Wait what, trade friction has an inflationary effect?! Where have we possibly heard of that before? 🤔😅
@sarcof3459
February 17, 2024 at 12:58 pm
How lucky some countries are, they all have oil, gas, ores, everything they need for progress without having to do anything.
@bach447
February 17, 2024 at 12:58 pm
Go inflation go
@ironboy3245
February 17, 2024 at 12:58 pm
Because they can no longer use financial controls to stop sanctions from impacting them
@Zefurion1988
February 17, 2024 at 12:58 pm
Meat grinder go brrrrrrr, Money printer go brrrrr.
@Sam-hm2sx
February 17, 2024 at 12:58 pm
Oel pricing. First up- Did not work.
Now down again –
Won't work
Manipulztion works. Oil companies will not give oil for free, rather expect higher oil prices
@Julianna.Domina
February 17, 2024 at 12:58 pm
"According to official statistics," is doing a lot of heavy lifting in saying that sanctions haven't been very effective
@shukracharya_
February 17, 2024 at 12:58 pm
I hope russia wins
@andriimed6408
February 17, 2024 at 12:58 pm
it's kinda weird to hear analytics on something that is quite unstable, especially about a quite close and authoritarian country… It looks like predicting Amazon or Apple stock prices 😀
@spy_balloon
February 17, 2024 at 12:58 pm
This channel only see economic graph day by day week by week, remind me of rome
@Rikard_Nilsson
February 17, 2024 at 12:58 pm
in that case: Norway, US, start flooding the market with oil so we can end this foolishness.
@araz20091
February 17, 2024 at 12:58 pm
Hence the same inflation level as the western countries …
@grahammidwinter9895
February 17, 2024 at 12:58 pm
Rubbish
@SimonNZ6969
February 17, 2024 at 12:58 pm
If its Russian statistics, its a load of horseshit.
@putinisakiller8093
February 17, 2024 at 12:58 pm
The more money, the higher prices. 😊
@heathreeves6327
February 17, 2024 at 12:58 pm
Russia probably has more problems than a Chinese algebra book
@ansonang7810
February 17, 2024 at 12:58 pm
I think not tying your currency of strong resources like oil and gold is really a balancing factor. Unless they find tons of gold and oil or produce gold and oil in lab cheaply.
Unless ofcourse Russia printing too much or importing borrowing too much.
You can only buy in roubles and rupees now so as long as Russia keeps selling oil and metals its no problem.
If there's too much foreign companies also can cause inflation as they draw the money out of your country if you pay in roubles but if in usd nothing only affects the USD.
@JamesSmith-ix5jd
February 17, 2024 at 12:58 pm
You are comparing our inflation with EU's and US'? That's already a badge of honor, inflation of 7-8% is very typical for Russia, it only becomes abnormal above 10%, Russia never in its modern hystory had 3-4% inflation.
@richardkeller4892
February 17, 2024 at 12:58 pm
Property prices should be going down in Russia as many are dying in Ukraine.
@romangeneral23
February 17, 2024 at 12:58 pm
Because when you report fake numbers; Then reality comes knocking at the door.
@AntSwift1
February 17, 2024 at 12:58 pm
Yeees I only want to hear good news
@pcampbell3068
February 17, 2024 at 12:58 pm
Can you please make it clear inflation is annualized not monthly.
@danjo8673
February 17, 2024 at 12:58 pm
Don't forget about the billions dollars they are stealing from the South African gold mines! It's been going on for a very long time now!
@napoleonibonaparte7198
February 17, 2024 at 12:58 pm
Might as well flood Russia with fake rubles.
@stivenstivens
February 17, 2024 at 12:58 pm
You get the goat for the repair noises in the background .
@aconsideredopinion7529
February 17, 2024 at 12:58 pm
Relying on data produced by the Russian economic department is at best naive at worst sloppy. The reality is that whatever the Russians say it always turns out that the opposite is true.
Credibility Standards at TLDR are starting to slip…🤔
@ntucker
February 17, 2024 at 12:58 pm
Russian presidential electinons…do they actually believe those are legit?