Part 5/8:
As signs of financial distress surface, the focus shifts to the mechanisms Russia employs to prolong its economic viability. Instead of allowing its savings to deplete entirely, Russia has resorted to printing more rubles, effectively devaluing the currency and implementing what can be described as a silent tax on its populace. As more currency enters circulation, the value of existing rubles diminishes, resulting in inflation that far outpaces wage growth for the average citizen.
This inflationary pressure is compounded by staggering interest rates, which recently reached an official rate of 21%. This quintupled cost of living starkly contrasts with the purchasing power enjoyed by most citizens, further plunging the economy into instability.