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To: blitz128

I don’t like to address morality in these matters. The winners write the history books. I know for a fact I saw transcripts of Zelensky speeches in late 2021 in which he was very clear that he sought nuclear weapons.

But it is best to ignore that, because moral justification decides nothing.

Russia has a Central Bank with a balance sheet of 53 million Rubles. There is no dollar equivalent. Dollars are not used in Russia, and currency exchange markets reside in hostile countries so there is no reason to presume they are not govt controlled. And so the RCB has created about 20 million Rubles for internal consumption over the past year.

This is important because the Soviet Union did not have a CB capable of whimsically creating money outside the constraints of the Interior Ministry’s 5 year plan. It had nothing to do with SDI or Reagan. They made the mistake of treating money as if it had to make sense. They did not create it whimsically, as does our CB.

If they had had today’s CB, they would still exist.


62 posted on 09/23/2023 5:19:47 AM PDT by Owen (.)
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To: Owen

Was your 53 million rubles a typo? Would be like 530,000 dollars. Not a huge reserve, lol I have more than that

As to not having CB as the reason Soviet Union fell, in my opinion, is very simplistic. Lots of thing wer going on that caused the collapse

Just my 2 cents


84 posted on 09/23/2023 12:01:43 PM PDT by blitz128
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