Russian President Vladimir Putin on Thursday said that inflation is a problem facing Russia, and that the country’s economy is overheating.
“There are some issues here, namely inflation, a certain overheating of the economy, and the government and the central bank are already tasked with bringing the tempo down,” Putin said in his annual “Direct Line” Q&A session with Russian citizens on Thursday, in comments translated by Reuters.
It’s the best economic problem to have, which should have been a winning platform for DNC if they didn’t work for Netanyahu and his preferred winner.
Russia’s economy has high wage inflation. Army is paying very well which is forcing all other business to pay well enough to offer alternative to army. Everyone who wants a job has a job. IMF still projects it to have higher growth (measured in USD) than NATO colonies, and it jumped to 4th largest economy last year (in PPP terms).