Yes, and the FED has printed about 80% of ALL the dollars ever printed in the last 2 years
“ the FED has printed about 80% of ALL the dollars ever printed in the last 2 years”
You have inverted that. It was 20% of the money supply created during the COVID surge. That was an inflationary stimulus.
Your chart of Russian gold reserves shows an increase of about 25 million Troy ounces, or around $50 billion.
Russia has been burning through about that much per month during this war.
A lot of their National Wealth Fund, from which pensions are paid (like Social Seccurity checks in the USA), was invested overseas - now mostly frozen.
It is Print, Print, Printity, Print; from here on out. Hello Argentina (or Zimbabwe) for a currency, and Hello North Korea for an economy.
Putin did that.
He drove the Russian economy and standard of living over a cliff. It is on track for 2-3 years of continuous train wreck, to a much much lower level.