This should be a teachable moment in monetary economics for all you braindead nigger imbeciles as well. Putin is heavily influenced by the St. Petersburg School of economic thought, which is Ron Paul-tier faggotry about muh muhfuggen debt and deficits, and is wrong and gay, and the single biggest reason Russia is poor, in fact probably the only reason when you consider how rich they are in natural resources and human capital.

Putin is obsessed with balanced budgets and minimal debt, because he - like all of you nigger idiots - doesn't understand that deficits, when your budget and debt are denominated in your sovereign currency, are just adding financial assets to the economy. It's easy to demonstrate: E is the economy, T is taxes, and S is government spending. A balanced budget means that T and S are equal, so E - T + S = E. You get no growth. You spend only what you tax.

And when a lot of S is being blown up in the Ukraine, it's even shittier for your economy. People who used to be worker/consumers/taxpayers are just dead and taking material with them.

But if you deficit spend, you get E + S > E. This is just fucking basic math along with understanding that rubles are made by the central bank and don't have to be mined or plucked from trees. The real limit is how many people and how much stuff you have to work with.

For further info, consult pic related, and get a copy in Putin's hands as quickly as possible.