Asked whether the payments should be in rubles starting from Thursday, Kremlin spokesman Dmitry Peskov said: “Absolutely no.”
Gold bars will be, just fine.
I don’t know where this is coming from. Russia needs dollars. They have to buy things in dollars. Moving things to rubles is not helpful. Russia can print all the rubles they need. I’s dollars or Euros that they lack. They are selling Oil and buying dollars. They can use the dollars to buy other western stuff. Which is the need. And I assume other countries, especially China will aid them in doing this through their banking system.
ROFLOL! Their bluff was called and they had choice but to fold since they are economically bleeding out like a stuck pig.
The only thing Russia seems to be good at is backpedaling
No mention of Bitcoin.
Makes sense.
If you start a war you need currency. Got to have foreign currency to transact business. If you want to keep the war going.
And Russia, regardless of inflation can’t print enough rubles. Then the purchases of foreign products will have to be conducted in gold and silver which is cumbersome and otherwise not efficient.
5.56mm
Um, get proposals to me by March 31st. That’s what was said so. Let’s see what comes back.