Posted on 03/23/2022 7:47:44 AM PDT by Oldeconomybuyer
And Russia will ALWAYS BE at least 10% cheaper.
ALX wrote: Russia is currently building pipelines with China that replaces Europe completely and India is in line. Those two countries are four times as big as Europe. The Middle east is not uniting with Europe/ America and in fact its almost Europe/America alone
The people that you guys are replying to don't understand economics.
They DO understand team jersey colors, though.
They've picked the yellow and blue jersey for this go-around.
No actual facts or economics will sway their "opinion".
If he yells loud enough and belittles the people replying to him enough, the economics will change in his favor.
He's one of the Bigliest clowns on FR.
Why would Russia want rubles? Suspect this is a scheme that purchasers of Russian oil and gas must “purchase” rubles from Russian banks at some fixed ridiculous rate in order to receive the oil and gas.
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Increase in demand increases the price of things.
If people buy more rubles than before, their value increases. Even if it isn’t at a fixed rate, but they buy more at a free market rate, their value increases.
Once the dollar collapses people in the U.S. will barter. They will gradually use salt, sugar, whisky, and bullets as money until money develops the same way it did in history.
Your post is spot on: The only individuals who did not see this coming are Biden and the “gifted talent” supporting him or, really, running his administration. But keep it to OMG: God is not “effing” and God doesn’t eff around.
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