Re:Tell HN: SWIFT is not a payments transfer system
by peterisza on Tuesday March 01, 2022 @06:43AM
(#30512945)
Why borrow cash when they can just print more money? Same effect.
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Re:Tell HN: SWIFT is not a payments transfer system
by Mindwipe on Tuesday March 01, 2022 @06:55AM
(#30513039)
"Borrowing cash" is slightly less likely to lead to hyperinflation in the short term. "Slightly" and "short term" doing some heavy lifting in that sentence though.
But "slightly" might be useful to the Russian government given the game plan seems to be to try and complete the invasion before the Russian people mass revolt against their own government as the price of bread goes up 10,000%.