Ruble falls: rate hike won’t save Russia’s currency from war consequences – The Guardian
August 15, 2023, 4:15 p.m Prolonged wars are costly and economically damaging. Ancient Rome understood this, as did the US in the 1960s, when the conflict in Vietnam became one of the pressures on the dollar, which eventually led to the collapse of the Bretton Woods fixed-currency system. «The decision of the Russian Central Bank […]