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Cash Based

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Compensation for Wagner mercenaries' families impacting Russia's economy.
politics3 years ago

Compensation for Wagner mercenaries' families impacting Russia's economy.

Families of Wagner mercenaries killed fighting for Putin are given about $60,000 in "black cash" compensation, which may have contributed to Russia's economy becoming increasingly cash-based. The payments for so many deaths would equal $1.2 billion of cash flowing into Russia's financial system. This growing "shadow economy" also reduces the amount of tax revenue that's needed to fund Putin's war. Wagner now appears to be attempting a military coup against Putin, with British intelligence suggesting that its forces were "almost certain" to enter Moscow.