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Financial news I consider important, with my opinion, which is worth as much as you paid for it.

Saturday, November 7, 2009

Russian Inflation

I ran across this video on youtube. It SEEMS genuine, but I have not verified any of the content, so take it with a grain of salt.

But if true, it does seem like a Russian who experienced inflation/deflation explains from his perspective what happened in Russia. But keep in mind, Russia and the USA have different government structures. But as the USA centralizes power, and takes over companies, it becomes more like Russia from the perspective of the government controlling the economy.

Again, not up to my normal video series, but interesting none the less.

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