After more than a year of speculation and unofficial commentary, two of Ukraine’s top officials have now publicly confirmed what many analysts long suspected: the United States has asked Ukraine not to strike Russian oil and energy infrastructure. The first acknowledgment came from President Volodymyr Zelensky following a large-scale Russian missile, drone, and ballistic attack on Ukraine’s energy facilities.
Why?
Billionaires make more money when inflation is high, and everyday people spend more money when inflation is high.
High inflation shifts wealth upwards.
See my other comment.