#3681 ·
IPSE DIXIT Dmitry Medvedev
(my bolded excerpt follows)
"Sanctions against Russia target ordinary citizens and are fueled by pure hatred. (...) What’s the goal of freezing Federal Reserve assets and other state property? It's simple. To wreck the economy, tank the currency, and spike inflation, effectively lowering the standard of living for the average Russian citizen. >
The embargo on Russian oil and gas? Same playbook: drain budget revenues and force the government to abandon social safety nets, including cost-of-living adjustments. Hit the taxpayers in both the cities and the rural towns."
Dmitry Medvedev, May 31, 2022.
*********
"We have every tool necessary for self-sufficiency. In many ways, previous sanctions actually served us well. They forced us to develop import substitution across all sectors—including high-tech industries—to innovate new technologies, products, and pharmaceuticals. The government has already implemented measures to support both the people and the economy through social benefits and increased funding for the tech, agricultural, and banking sectors. There will be no economic collapse."
Dmitry Medvedev. March 20, 2022.
🤔
That escalated quickly...
The latest invention from the Kremlin kitchen: Schrödinger sanctions. They are simultaneously devastating and beneficial; they drive up inflation while being welcomed because they spur domestic growth and consolidate Russian society.
(my bolded excerpt follows)
"Sanctions against Russia target ordinary citizens and are fueled by pure hatred. (...) What’s the goal of freezing Federal Reserve assets and other state property? It's simple. To wreck the economy, tank the currency, and spike inflation, effectively lowering the standard of living for the average Russian citizen. >
The embargo on Russian oil and gas? Same playbook: drain budget revenues and force the government to abandon social safety nets, including cost-of-living adjustments. Hit the taxpayers in both the cities and the rural towns."
Dmitry Medvedev, May 31, 2022.
*********
"We have every tool necessary for self-sufficiency. In many ways, previous sanctions actually served us well. They forced us to develop import substitution across all sectors—including high-tech industries—to innovate new technologies, products, and pharmaceuticals. The government has already implemented measures to support both the people and the economy through social benefits and increased funding for the tech, agricultural, and banking sectors. There will be no economic collapse."
Dmitry Medvedev. March 20, 2022.
🤔
That escalated quickly...
The latest invention from the Kremlin kitchen: Schrödinger sanctions. They are simultaneously devastating and beneficial; they drive up inflation while being welcomed because they spur domestic growth and consolidate Russian society.