This can be a comply with up video to deal with the critique by one in all our viewers to the sooner video on this subject. the critique was that we should always not blame the Russia/Ukraine warfare for inflation as Switzerland didn’t pump cash into the financial system throughout Covid pandemic and has low inflation. I agree on most factors with the viewer besides that the Russia/Ukraine warfare is to not be blamed. On this video, I try to clarify why.
You’ll want to see https://youtu.be/Pe-itX5qyik for context.
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