How Russia Could Export Hyper-inflation
Russia is the world's second largest oil producer representing 10% of the world's total supply. With crippling sanctions against the Russian economy, their ability to export oil and natural gas will be greatly diminished. They are also an important producer of various industrial metals, accounting for 40% of the world's Palladium supply. Decreases in Russia's commodity exports could cause global prices to skyrocket leading to inflationary pressures around the world.
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