Russia begs China for loans as the Kremlin is running out of money for rainy days, analysts say
geissi @ geissi @feddit.de Posts 0Comments 890Joined 2 yr. ago
geissi @ geissi @feddit.de
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They can't run out of rubles so domestic payments won't be much of a problem.
It might cause some inflation but within limits that is more a problem for the people than the state.
The bigger issue is that printing too much would tank the exchange rate. So either way, it would limit their capacity to import stuff.
And if they tried to compensate sinking exchange rates with printing even more rubles, they could get into hyperinflation territory.