Great news from Russian financial media today.. 📉😂 Looks like the Russian Central Bank just discovered the “magic money printer” solution to fix their massive budget deficit. They just pumped nearly 5 trillion rubles (4,748 billion to be exact) into the banking system.
According to Bloomberg, they are basically printing money through repo loans so Russian banks can buy up the government’s debt. To top it off, the Duma rushed a law through in just three days, allowing the government to blow past all spending limits and increase the national debt however they like. 💸🏃♂️
As economist Nikolaj Korzhevsky noted, this completely changes the game. Sure, printing money will cover their immediate bills for a little while, but it’s going to trigger massive inflation. But hey, inflation is just a hidden tax on regular Russian citizens, so who cares right? Everything is going exactly according to plan! 🤷♂️ Peak Russian economics.
Source: Financial data reported by Bloomberg and Russian economic analysts (June 22, 2026) regarding the Central Bank’s emergency monetary measures.
— @jalle51 Jun 22, 2026
Day: June 22, 2026
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