> The CEO of Russia’s VTB bank has linked the volatility of the country’s Central Bank key interest rate to the fact that its governor is a woman, Russian state-run news agency RIA Novosti reported on Wednesday
Am I to understand that a CEO of a bank doesn’t understand basic economics?
I wonder what the CEO has been smoking.
jxg995 on
She’s the only competent economist in Russia. The tricks and mechanisms she’s had to employ to keep the economy somewhat alive is very impressive
Zdendon on
But interest rate is not volatile. It is stable 19 percent, isn’t it?
3 Comments
> The CEO of Russia’s VTB bank has linked the volatility of the country’s Central Bank key interest rate to the fact that its governor is a woman, Russian state-run news agency RIA Novosti reported on Wednesday
Am I to understand that a CEO of a bank doesn’t understand basic economics?
I wonder what the CEO has been smoking.
She’s the only competent economist in Russia. The tricks and mechanisms she’s had to employ to keep the economy somewhat alive is very impressive
But interest rate is not volatile. It is stable 19 percent, isn’t it?