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[quote=Anonymous][quote=Anonymous]Maybe we should get out of the war business if our enemies can steal still our weapons. We don’t even know these people. Anybody could be enemies. All our “training” and “military aid” tax Money gone  out the window. Taxpayers and all concerned citizens here should be furious.

Just over $1 billion of the estimated $1.69 billion worth of weapons sent to Ukraine are considered “delinquent,” which was likely caused by “an inability to maintain complete accountability” of the inventory in government databases, according to a redacted report by the Defense Department’s inspector general Thursday.
[/quote]

Wow.  You really are totally clueless.  Lemme guess, a Republican Senator?

It's the other way around, hun.  Had the U.S. gone into battle with the doctrine the U.S. military had at the beginning of the Ukrainian War, we would've lost a lot of lives and equipment.  The Ukrainians are teaching us what technology and tactics to develop to defeat Russia.  So by that standard, the American public should be furious that clowns like you aren't thanking the Ukrainians.  And where the weapons go is a military SECRET.  The good news is that in about 11 more months it will be crystal clear that the billion you're whining about will be the best money ever spent by the Pentagon.

"Russia's central bank hiked its key interest rate by 200 basis points to 18% on Friday, the highest level in more than two years, and vowed to continue tightening until inflation rates in an overheated economy come down. The bank also raised its inflation forecast for 2024 to 6.5–7.0%, well above its 4% target. It sees annual price growth declining to 4.0–4.5% in 2025."
"The Bank of Russia will consider the necessity of further key rate increase at its upcoming meetings."
https://www.reuters.com/markets/rates-bonds/russian-central-bank-hikes-rates-by-200-bps-18-highest-more-than-two-years-2024-07-26/

"Interest Rate in the United States .. reaching an all time high of 20.00 percent in March of 1980"
https://tradingeconomics.com/united-states/interest-rate#:~:text=The%20benchmark%20interest%20rate%20in,percent%20in%20December%20of%202008.

In all of US History, interest rates of 20% occurred only four times between March 1980 and May 1981.  All four times the rate was at 20% for only about a month each time.  The longest period in US History that the US had interest rates above 15% was about a year (between Nov '80 to Nov '81).  The peak US inflation rate in 80-81 was in March 1980 at 14.8%.

But this is the strange part.  Russia has already been at 16% since December 15th 2023 (7 months), but Publicly claims to have a lower inflation rate.

"Russia's annual inflation rate remains high, at around 9.2%"
https://www.businessinsider.com/russia-economy-business-elites-criticize-central-bank-interest-rate-hike-2024-7

Why would Russia punish itself with unnecessarily high interest rates, and consider raising them even further, if Russia's inflation rate is only 9.2%?

Then it struck me.  Although the Kremlin just ended subsidies for housing, they are still subsidizing other commodities.

"Russia Ends Housing Mortgage Subsidy That Stoked a Property Boom.  Subsidized loans at 8% were half the central bank’s key rate.  Program accounted for more than 75% of new mortgages recently"
https://www.bloomberg.com/news/articles/2024-07-01/russia-ends-housing-mortgage-subsidy-that-stoked-a-property-boom

"The government paid out some 187 billion rubles to companies for domestic supplies of diesel and gasoline"
https://www.bloomberg.com/news/articles/2024-05-06/russia-s-budget-is-getting-twice-as-much-oil-money-as-a-year-ago?embedded-checkout=true

"The Russian government will subsidize the transportation of pollock and salmon by rail from the country’s Far East with the intention of lowering retail prices"
"Transporting the estimated 100,000 metric tons (MT) of pollock and salmon from the country's east to its population centers in the west may cost as much as RUB 400 million (USD 5.4 million, EUR 4.6 million) in subsidies, according to the Federal Agency for Fisheries. In return for that subsidy, the agency said it expects retail prices to decrease 10 percent compared to their current levels"
https://www.seafoodsource.com/news/supply-trade/russia-subsidizing-fish-transportation-in-hopes-of-lowering-prices

Chart shows a drop from 377B in 2024 to 301B Russian Roubles in 2025
https://www.statista.com/statistics/1064082/russia-agricultural-subsidies/

Why are subsidies important when calculating inflation rates?

"Generally, inflation is termed hyperinflation when the rate of inflation grows at more than 50% a month."
https://corporatefinanceinstitute.com/resources/economics/hyperinflation/#:~:text=In%20economics%2C%20hyperinflation%20is%20used,more%20than%2050%25%20a%20month.

Also on this week's episode of Putin's shrinking island..

"Seven top military figures have now been arrested on charges of fraud, bribery or abuse of office in recent months, including Deputy Defense Minister Timur Ivanov who was arrested for bribery in April and later dismissed from his position.  Bulgakov’s arrest is the second this week after Andrei Belkov, the head of the Defense Ministry’s construction division, was arrested on suspicion of abuse of power on Thursday."
https://www.yahoo.com/news/russia-detains-former-deputy-defense-132457933.html[/quote]

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