Post #41964

WSJ: European Banks Study the Central Bank of Russia’s Policies Over the Last Three Years as a Textbook Europe is planning to shift to a wartime footing and rearm — this has already caused a storm in the bond markets and will soon trigger an inflation storm. According to the WSJ, the ECB is learning from the example of a country that has already gone through this, and in a much more severe form. We’re talking about Russia, whose central bank’s actions are now being scrutinized under a microscope by the ECB to understand how Russia managed to preserve its economy while allocating significant funds to defense.