Ukraine

8070 readers

977 users here now

News and discussion related to Ukraine

*Sympathy for enemy combatants in any form is prohibited.

*No content depicting extreme violence or gore.

Donate to support Ukraine's Defense

Donate to support Humanitarian Aid

founded 2 years ago

MODERATORS

[email protected]

In push for more Ukraine troops, city of Moscow hikes pay for contract soldiers to $60,000 a year (www.reuters.com)

submitted 1 month ago by [email protected] to c/[email protected]

32 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 11 points 1 month ago (2 children)

Maybe they just print the money. Isn't that what dictatorships often end up doing?

[–] [email protected] 13 points 1 month ago

Yeah but if they send these troops to the areas that are most deadly, then they don't have to pay them for very long in the first place.

No need to print the money if you're not actually spending it.

[–] [email protected] 5 points 1 month ago* (last edited 1 month ago) (1 children)

I invite them to do that. I'm sure the oligarchs will love having their local savings massively devalued, and won't support a coup of any kind. /s

[–] [email protected] 1 points 1 month ago (1 children)

As much as I would love that, probably they don't have their fortune in cash savings but most probably put it into diversified investments of some sorts.

[–] [email protected] 2 points 1 month ago* (last edited 1 month ago)

I'm guessing both, so they get returns and still have an "oh shit" fund. I doubt it would be good for the oligarchs, at the very least.

Venezuela can do hyperinflation because they have a more ideologically driven elite who will ride out the turbulence. No such luck for Putin; he's a neofeudal lord and has to keep palms greased like it.