Did putin Quietly Print ₽1 Trillion to Fund His War? (video commentary)

09/06/2026

I examine the reported pressures building inside Russia’s wartime economy: Ukrainian strikes on oil refineries, fuel shortages from Tyumen to the Moscow region, declining petroleum-product exports, and a weakening ruble.

I also assess the reported collapse in Russian grain exports amid the Black Sea and Azov Sea blockade, Kazakhstan’s wheat-import ban, Moscow property declines, rising military spending, and the September 5 bond operation described as indirect monetary financing. The central question is strategic: can the Kremlin sustain the war while preserving an appearance of normal economic life?

  • 00:00 Russia’s Fuel Crisis and Refinery Strikes
  • 01:56 Industrial Stagnation and the Grain Export Collapse
  • 03:30 Ruble Decline and Wartime-Economy Pressure
  • 05:41 Fuel Rationing Ahead of Moscow’s Elections
  • 08:03 Black Sea Blockade and Lost Grain Exports
  • 11:31 War Dependency, Regional Inequality, and Property Decline
  • 13:54 Military Spending and Russia’s Debt Monetization
  • 16:41 Putin’s Succession Problem and Strategic Outlook

https://www.youtube.com/@Professor-Gerdes

19 comments

  1. My phone is too well trained, it refused to make the symbol for ruble. 😂
    Automatically gives me lower case for moscow, kremlin, russia, and putin as well. 🤣

    • The great Steve Cropper from the MG’s just passed on unfortunately. A great talent and a real gentleman.
      A favourite album of his I like is Jammed Together: Steve with Albert King and Pops Staples. Gold!

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