Thursday, 3 March 2022

Russia Sanctions

I don't like the idea of placing sanctions on Russia. The people in Russia that would be affected the most would be ordinary Russian people that never appeared to be interested in this war with Ukraine. We are all connected so the sanctions will effect everyone, it will affect us as well I think. I wonder if sanctions actually work. I wonder. 

We are already facing inflation of cost . I don't know much about what causes inflation. I imagine the national banks are pressured to print money to ease payments but then the added money dilutes the value of the whole currency, that would be inflation. I also think if supply chains were slowed down or interrupted, that would make all the goods more expensive because speed and quantity of supply are key to cost. We just had a Pandemic so I imagine both of those things are happening, quantative easing (printing money) and a slump in supplies. I would call it a potent-inflation or post Pandemic inflation. I love making up my own words. 

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