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A comment on Russian forces invade Ukraine after Putin orders attack. Parent comment

Re:Russian forces invade Ukraine after Putin orders attack by jpgvm on Thursday February 24, 2022 @02:35AM (#30451805)
It won't crash the economy but combined with really high inflation and having already over-expended QE measures it could lead to a nasty enduring stagflation which is probably worse than a crash.
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Re:Russian forces invade Ukraine after Putin orders attack by neilwilson on Thursday February 24, 2022 @06:04AM (#30453366)
That can easily be resolved by putting up taxes to a sufficiently high level to drain excess spending. Putin has the power to do that.

It's all there in Keynes' how to pay for the way - except Putin isn't running a liberal democracy that may object to high taxes.

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