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To: marcusmaximus
--- "The Group of Seven major economies have agreed to reject Moscow's demand to pay for Russian natural gas exports in rubles, the German energy minister said Monday."

Often what is in the news is intended to obscure what is "not" in the very same news. Sins of omission, so to speak.

What the Associated Press reports from the "Group of Seven" is a matter of currency. Now comes the unasked and unreported question.

In what currency and at what exchange rate and through what currency transfer mechanism will they pay?

Pay they will. It is only a matter of time.

In the meanwhile, broadcast the "nudge" that they WON'T PAY! In rubles. Euros, eh? Maybe dollars?

Irrespective of political stances and opinions, money is fungible. If it can't go one way, it will go another way. What is not fungible is energy; it is either on or off. That's what the Associated Press and the Group of Seven didn't mention....

23 posted on 03/28/2022 7:30:37 AM PDT by Worldtraveler once upon a time
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To: Worldtraveler once upon a time

I’m pretty sure Russia will accept gold. Maybe even yuan.


44 posted on 03/28/2022 7:56:10 AM PDT by MarMema
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