A month after launching the SMO the Ruble was up 45%.
I remember when the Russian government declared that all energy purchases had to be paid in the Russian currency. In an attempt to ridicule the Russian government the news anchor on Norwegian public television said: "..., but there aren't that many Rubles in circulation."
That begs the following supply and demand question: What happens to something that has a limited supply and an unlimited demand?
Russia's top five in every major economic category, Actually their economy is kicking a** and the percent of g d p on the war is nil.
A month after launching the SMO the Ruble was up 45%.
I remember when the Russian government declared that all energy purchases had to be paid in the Russian currency. In an attempt to ridicule the Russian government the news anchor on Norwegian public television said: "..., but there aren't that many Rubles in circulation."
That begs the following supply and demand question: What happens to something that has a limited supply and an unlimited demand?
Why, it skyrockets in price, of course.
Which again begs the other supply and demand question: What happens to something with unlimited supply that has a declining demand like the US Dollar?
How is it doing now?
Not so well.
Russia has been invaded this year twice. Putins the first Russian dictator to ever have that happen.
Belgorod held a referendum and wants to become independent. To stop it’s warmongering ways it needs to cede belgorod and Kursk oblast for peace.
Oh, have you forgotten the US invasion of Russia. The Russians never have.
They also don’t forget how we have been stopping them from conquering free people like their former colonies.
They don’t like that at all.
“I can’t invade any genocide my neighbors!!? This is outrageous!”
You have no idea what I'm talking about lol.
You really have no idea on the negative impact on Russia economy.
You are merely repeating limp Putinoid propaganda.
OK, keep saying that. The only one you're convincing is yourself. Have fun mentally going in circles.