Hyperinflation and Our Bankrupt Babushka Future
Oct 12th, 2009 | By Paul Tustain | Category: Featured, Macro Economics
Those people who have saved for the future could soon form our own generation of bankrupted, Babushka pensioners...
Twenty-five years ago the Russians found themselves in a hole.
They had an official price for petrol (gasoline) of 1 ruble. But the cost of providing it, for example by buying it on world ...read more
