Western governments have funneled over $100 billion to Ukraine in the war effort against Russia.
A significant portion of the money to prop up the corrupt Ukrainian regime came at the expense of U.S. taxpayers.
Yet, Kyiv is still counting on Ukraine’s central bank to buy its debt by selling foreign reserves or printing money.
Although western financial support has increased since May, Kyiv is still counting on Ukraine's central bank to buy its debt by selling foreign reserves or printing money, at the risk of setting off an inflationary spiral https://t.co/1RjuDJun7X
— Financial Times (@FinancialTimes) July 19, 2022
“On Wednesday, Ukraine finance ministry asked foreign creditors to accept a delay in its debt repayments, requesting a two year freeze on billions of dollars in Eurobonds,” according to the Ron Paul Institute for Peace and Prosperity.
If it wasn’t already…