The Russian president says loose fiscal policy is the real cause of inflation, not the conflict in Ukraine Russian President Vladimir Putin has accused Western nations of damaging their own economies through money printing while wrongly blaming their problems on the Ukraine conflict. “The latest price hikes, inflation, problems with food and fuel, gasoline, problems in the energy sector are the result of systemic mistakes in the economic policy of the current US administration and the European bureaucracy,” Putin said on Friday at a plenary session of the St. Petersburg International Economic Forum (SPIEF). Putin
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