the putin explanation on why europe wants to have a little war on russia; 

 

Sometimes Russian Federation President Vladimir Putin just nails the issue in a way that is difficult for western voices to deconstruct. This is one of those examples.

Using the reference of the EU recently raising interest rates in an effort to lower energy costs, a seemingly disconnected approach that attaches energy policy to monetary policy, Vladimir Putin outlines exactly why the EU Central Bank approach is used.  This is a really important dynamic to understand.

For a long time, Russia battled with the EU over the pricing process for oil and gas.  Russia, specifically Putin, wanted to sell oil/gas to the EU based on production prices and fair profits.

Europe wanted to buy Russian oil/gas based on “market prices” which are manipulated by speculation and traders.

Putin doesn’t like this pricing approach because it artificially inflates the price based on speculation, trading and inorganic influences.

Instead, Putin always said the “market approach” makes your energy prices go up, even when production capacitary prices go down (productivity)..........more..........