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[–]radicalcentristNational Centrism 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Ruble reaching two year high. European economies choking under inflation.

I looked this up. Inflation was already rising since July 2021. The Russia War was only a small bump in an existing trend.

https://tradingeconomics.com/european-union/inflation-rate

It's also not the highest in European history. The 1970s ~ 1980s saw worse (ironically, it happened during the last decade of the USSR before it collapsed).

https://www.macrotrends.net/countries/EUU/european-union/inflation-rate-cpi