this post was submitted on 11 Jul 2025
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Technology
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Was it really Russia’s invasion, or just because the interest rates went up to prevent too much inflation after the COVID stimulus packages? Hard to imagine Russia had that much demand for software compared to the rest of the world.
Did you not read what I wrote?
Inflation went up due to the knock-on effects of the sanctions. Specifically prices for oil and gas skyrocketed.
And since everything runs on oil and gas, all prices skyrocketed.
Covid stimulus packages had nothing to do with that, especially in 2023, 2024 and 2025, when there were no COVID stimulus packages, yet the inflation was much higher than at any time during COVID.
Surely it is not too much to ask that people remember what year stuff happened in, especially if we are talking about things that happened just 2 years ago.