Is Putin Favorite Elvira Nabiullina a CIA Agent Wrecking the Russian Economy and Doing Far More Damage than Washington’s Sanctions ?

Is Putin Favorite Elvira Nabiullina a CIA Agent Wrecking the Russian Economy and Doing Far More Damage than Washington’s Sanctions ?

https://johnhelmer.net/russians-are-crying-over-the-spilled-milk/ 

It does seem to be the case.

It is extraordinary that Putin tolerates a central bank director who is so throughly incompetent that she does not understand that interest rates are a cost of production and that the higher the cost the less the production.  Someone should give the foolish woman a lesson in supply-side economics.  The way to lower inflation is to lower costs.

Nabiullina is the best anti-Russian weapon the West has.

“The impact of the high central bank key rate on costs and margins was acknowledged to be squeezing earnings, dividends, retained profits and investments.  “Average profitability rate across all industry sectors has neared the level jeopardising further investments.”  . . .  A lowered rate to 16% “is not enough to revive the economy. Real loans from entrepreneurs at this rate will be at 19-20% per annum, which significantly exceeds the profitability of most businesses,  Such a rate will only reduce the interest payments paid on the obligations assumed. No more than that.”