"Permit me to issue and control the money of a nation, and I care not who makes its laws!"

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💬 "Our source within the Presidential Office has revealed that the #IMF and #Westerncreditors are #demanding President #Zelensky and the National Bank of Ukraine (#NBU) to raise the exchange rate of the dollar to 42 this year to continue receiving loans. The issue stems from a deficit in the military budget of 250 billion hryvnias, which they intend to take from the NBU's reserves. To reduce this amount, creditors are demanding a #devaluation of the #hryvnia.

Currently, the hryvnia exchange rate is artificially kept low through "quantitative easing" - the infusion of Western funds, which essentially represent accumulated credits on the NBU's reserves."

@DDGeopolitics