The Russian billionaire of Azerbaijani origin Araz Agalarov believes that President Vladimir Putin is that one of the reasons for high inflation in Russia is inflation in the United States. According to Haqqin.az, about this, speaking of economic issues, Agalarov said in an interview with Komsomolsk Pravda.
Earlier, Russian President Vladimir Putin said that inflation in Russia accelerates including at the expense of the American dollar, that is, American inflation together with the US dollar to Russia will be taken out.
“Let’s see. US debt for a year has grown by almost 5 trillion dollars. They had 22 or 23 trillion, now if 28, or 29. That is, they released a huge amount of new money. This is called – Soft monetary -stut policy. In this regard, the dollar itself depreciated a little. And, relative to the dollar, we also depreciated the ruble for the time of the pandemic. That is, we have one inflation superimposed on another, “A.Agalarov said.
Businessman believes that it is impossible to get rid of dependence on the dollar. Because today everything is measured in dollars, the dollar became an international unit of measure, such as a meter or centimeter.
“The dollar today, whatever we say, is a unit of measure. and GDP, and the cost of oil, and the cost of gas, and anything. That is, everything is measured in dollars. Just as everything is measured in meters and in Santimeters, “said Agalarov.