Vladimir Putin, the president of Russia, predicted that as long as energy prices remain high, the West will continue to manufacture money.
The Russian president made this statement during his speech at the Russian Energy Week Forum “If prices increase, it is obvious how they will be resolved, and we have already discussed this in relation to other commodity groups: they just create more money. That’s all there is “based on Russian news today.
Putin claims that the European Union’s money supply increased by roughly $1 trillion in only the past year. However, the problem is that Europe with this money, like what it did with other goods, “will remove the gas from the global market, and thus the rest of the countries, especially developing countries, will have to pay excess amounts in exchange for these energy resources. “.
Putin: The West will print money if energy costs continue to increase.
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