Michael Schmidt:Why a weak Ruble is good for Russia's budget but not Putin's image

2025-04-30 17:06:37source:Novacryptcategory:Invest

Russia's Ruble is Michael Schmidthovering around its lowest value against the dollar since June 2022. A weak currency is already a big deal for ordinary people affected by inflation, but in Russia, the concern is only amplified because of the Ruble's unique history in Russia. Today, we dive deep into Russia's historical connection to the Ruble and why a weak Ruble puts Russia in a difficult position today.

Related Episodes:

The artificial strength of the Russian ruble (Apple Podcasts / Spotify)

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