Aren't the leaders of the USA now being called "Nazis" in another thread?Nazi rule?
Had we turned to and relied on God, instead of weapons, who knows what good may have arisen.
Aren't the leaders of the USA now being called "Nazis" in another thread?Nazi rule?
Nazi rule?Aren't the leaders of the USA now being called "Nazis" in another thread?
Had we turned to and relied on God, instead of weapons, who knows what good may have arisen.
Christians are only "ruled" by God.Nazi rule?
Ask a democrat who she would support, Marx or Biden? Her response: "What's the difference?"
Who would you rather have as president - Joe the Rapist or a dead squirrel?Ask a democrat who she would support, Marx or Biden? Her response: "What's the difference?"
Right, and where do you get rubles from? Who has rubles, that you can buy from them? Russians have rubles. So you are going to Russians who own rubles and who are now going to sell you them, for some price, in your own currency, be it the USD, EUR or whatever----something way more valuable than the ruble. So you are propping up the quote-unquote value of the ruble because you're forcing people to pay you in rubles so there's a run on rubles. So the price of rubles goes up. In your currency. And that's the exchange rate. So they're monkeying with the exchange rate. It's Russian macroeconomic market interference. No one would pay them in rubles voluntarily. They would pay them in USD or EUR or whatever, and then the Russians would have to exchange for rubles, which would just be paying USD or EUR or whatever to Russians for Russian rubles. There's no run on Russian rubles within Russia, it's just outsiders who need them. So outside of Russia the demand for rubles has risen, but not inside. So then overall the demand for rubles has increased. Supply hasn't changed probably, maybe it's even less now, it's not like the Russians don't control their M1 and M2 money supply like everyone else does. If the supply remains constant and the demand goes up then the price goes up. So the ruble's value has gone up. It's not natural growth in value.After Russia's invasion of Ukraine the press and people here were saying the ruble would collapse and Russia would go bankrupt a month ago. It's value did go down, but it has come back to pre Ukrainian invasion levels. What has caused this? The ruble is now tied to the value of gold and all the countries hostile to Russia needing Russian oil are now having to pay for it in rubles.
I hope, you're wrong.All of Biden's sanctions against Russia have boomeranged and are now hurting the US and Europe. I don't know why anyone is surprised by this. Russia has been threatened with being kicked out of the SWIFT currency system now for at least 5 years so they have had lots of time to prepare for that eventuality. We warned them for years and in doing so gave them all the time they needed to prepare their response. And their response is taking the US dollar out of being the world's reserve currency. That is deadly to the US dollar. If you thought prices were going up fast now, just hang on to your hat. You ain't seen nothing yet.
***shakes head in wonder***Right, and where do you get rubles from? Who has rubles, that you can buy from them? Russians have rubles. So you are going to Russians who own rubles and who are now going to sell you them, for some price, in your own currency, be it the USD, EUR or whatever----something way more valuable than the ruble. So you are propping up the quote-unquote value of the ruble because you're forcing people to pay you in rubles so there's a run on rubles. So the price of rubles goes up. In your currency. And that's the exchange rate. So they're monkeying with the exchange rate. It's Russian macroeconomic market interference. No one would pay them in rubles voluntarily. They would pay them in USD or EUR or whatever, and then the Russians would have to exchange for rubles, which would just be paying USD or EUR or whatever to Russians for Russian rubles. There's no run on Russian rubles within Russia, it's just outsiders who need them. So outside of Russia the demand for rubles has risen, but not inside. So then overall the demand for rubles has increased. Supply hasn't changed probably, maybe it's even less now, it's not like the Russians don't control their M1 and M2 money supply like everyone else does. If the supply remains constant and the demand goes up then the price goes up. So the ruble's value has gone up. It's not natural growth in value.
I hope, you're wrong.
Ask a million doofuses what they think and they will say something stupid.Unfortunately there are Russians who illustrate how well a constant stream of propaganda and disinfo works on a population.
What kind of choice is that? Joe Biden or Jen Psaki?Who would you rather have as president - Joe the Rapist or a dead squirrel?
Plain.***shakes head in wonder***
Not when it's entirely due to macroeconomic intervention in the market, that's literally the opposite of natural growth in value.The value of a ruble going up because of growth of demand is exactly what natural growth in value is.
Nobody . . . nobody is buying rubles because of gold.Here is an example. Remember pet rocks? The price of plain old rocks went up because people's perceived valuation of them went up. That's all a sale price is. Perceived value. Plus the linkage to the price of gold is a strong selling point when compared to fiat currencies.
100 USD notes are actually worth more than their weight in gold, in contrast to what you're saying.Fiat currencies aren't worth the paper they are printed on.
The only thing Russians are selling is rubles, and it's because customers have to pay their Russian bills in Russian rubles, so there's artificial demand for rubles so there's manipulated value growth.The ruble is linked directly to the value of gold and that increases the perceived value of the ruble as gold has extrinsic value.
It also reduces the values of all currencies that are not linked to the price of gold. The US dollar is one of those currencies.
This is what I said would happen. The US would be hurt far more than the Russia would because Russia has far less debt and far more gold. Biden and company were stupid enough to say Russia couldn't buy gold with dollars. That is plain old stupid. Russia isn't buying gold they are selling it by linking the ruble to the price of gold. Putin and company made Biden and company look idiotic.
After Russia's invasion of Ukraine the press and people here were saying the ruble would collapse and Russia would go bankrupt a month ago.
It's value did go down, but it has come back to pre Ukrainian invasion levels. What has caused this? The ruble is now tied to the value of gold and all the countries hostile to Russia needing Russian oil are now having to pay for it in rubles.
All of Biden's sanctions against Russia have boomeranged and are now hurting the US and Europe. I don't know why anyone is surprised by this. Russia has been threatened with being kicked out of the SWIFT currency system now for at least 5 years so they have had lots of time to prepare for that eventuality. We warned them for years and in doing so gave them all the time they needed to prepare their response. And their response is taking the US dollar out of being the world's reserve currency. That is deadly to the US dollar. If you thought prices were going up fast now, just hang on to your hat. You ain't seen nothing yet.
They have to but they know it doesn't fly They're showing the same footage on their state controlled media with the caption "fake" alongside and their spokesperson is claiming that not even one Ukrainian civilian has been harmed by Russian troops. It's pathetic. Anyone who is an apologist for Putin is either a sociopath or just flat out thick. The BBC is rightfully regarded as one of the best news outlets for war coverage with many long serving correspondents out there in the thick of it reporting exactly what's going on with no room for doubt. Those on the far right seem to prefer to get their "news" on this from "Fox" TGP and laud the likes of Tucker Carlson...Russia continues to claim they didn't harm civilians, but satellite photos clearly show they're lying, showing the bodies in the streets before Russia withdrew from the area. Women and children raped, many bodies showing signs of torture. Yet right-wingers continue to prop up Putin both by casting aspersions on Ukraine and by rationalizing Putin's actions.