I mean, western liberals were calling it Putin’s inflation. And yeah sure, war in Ukraine did contribute to it but the corporations also took advantage of their price setting power.

And in the Russian case it applies much better. If there were no sanctions, Russia would’ve been able to import more from the international markets. And there are also corps with price setting power there as well. Thank the American puppet Yeltsin for that.

Also, notice the complete lack of criticism in the article on the policies of the “independent” Russian central bank? Strange.