Posted on 06/03/2022 12:35:32 PM PDT by JonPreston
Earlier, we reported on the deranged, confused, false ramblings of a senile old man who is so out of his depth in running the world’s biggest economy, the catastrophic results will soon be obvious to even his most die-hard fans. Now, it’s time for his nemesis on the world scene, Russia’s Vladimir Putin to respond.
Speaking in a TV interview on Friday evening, following a meeting with African leaders in Sochi, Putin accused Western leaders of trying “to shift the responsibility for what is happening in the world food market” and said that “restrictions imposed by the US and its allies against Russia and Belarus will only exacerbate the looming global food crisis by affecting fertilizer trade and sending the food prices further up.”
Instead of looking toward Russian, Putin said that the root causes of the crisis lie with the US decision to print record amounts of money which led to an increase in global food prices, as well as Europe’s over-reliance on renewables and short-term gas contracts
(Excerpt) Read more at theburningplatform.com ...
Why does Vladimir Putin sound like more of a free market capitalist than Uncle Joe Biden?
“Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.”
Milton Friedman
Too many dollars chasing too few goods.
Thank you, Comrade Obvious.
The bottom line is that our national government is controlled by a coterie of idiots and criminals.
This doesn’t mean that Putin has a divine right to extend his hegemony over non-Russians, even if they were ruled by the Soviet and Tsarist empires. The Russophone, ethnically Russian sections of the old Ukrainian SSR are a different matter
I know things are bad when I start agreeing w/a communist about the American economy.
Well, a massive drop in food exports from Ukraine and Russia play a big part, too.
But he’s not wrong.
Biden’s declared War on Petroleum is the root case.
Putin, although a mad dog killer, is correct on this one.
You forgot the “heartbreak of psoriasis” too.
How much does a dozen eggs cost in Russia?
At one time, the US had "moral authority" that could weather those type of criticisms, but when the actions of DC resemble those of the Soviet Union or the PRC, that moral authority is non-existent.
God forbid we're at the point where maybe a nuclear exchange would be welcomed because it would rid the US of a chunk of its own vermin.
Immediately after Russia's invasion of Ukraine and announcement of Western sanctions, one of the first things Putin mentioned was that Russian businesses would need to step up to supply goods that came from foreign sources and companies. He called on Russian entrepreneurs to create new businesses, he promised to reduce regulations on business, and said the government would also work with regional governments to lower taxes on especially small business.
It made me think, in a similar position in a crisis, would Biden, Harris or ANYONE in power in DC say similar things?
Of course, Milton meant 'debt' when he said 'money'. Dollars are debt. M2 is debt, for the most part - 99% of it.
Money for nothing and our food for more...to the tune by Dire Straights.
Should be our new national anthem.
Among other things such supply chain issues, etc., but yeah.
That’s clearly part of it. Biden’s war on fossil fuels is part of it too.
When is the last time anyone has heard from the blow job queen?
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