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Ruble becomes best-performing currency in March; soars to 83 to the dollar
Business Standard ^ | 3/29/22 | Krishna Kant

Posted on 03/30/2022 8:03:16 AM PDT by JonPreston

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To: JonPreston

Then why is the Ukraine complaining about lack of support?


41 posted on 03/30/2022 9:22:51 AM PDT by nickcarraway
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To: JonPreston

If they are measuring from when the Ruble was at/near a low this is kind of a phony comparison.


42 posted on 03/30/2022 9:24:04 AM PDT by nickcarraway
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To: E. Pluribus Unum
Replacement of the petrodollar will relegate the US to Venezuela territory.

Maybe the opposite over the longer term. If the dollar stops being the reserve currency-of-choice, that will make imports much more expensive, and make manufacturing things in the US that much more attractive.

43 posted on 03/30/2022 9:30:18 AM PDT by Campion (All we are saying is give peace a chance.)
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To: for-q-clinton

Sure, but then hordes of liberal artists should get to the factories and work hard for $3 an hour.


44 posted on 03/30/2022 9:32:40 AM PDT by NorseViking
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To: NorseViking

How dare you insult Russia? You are a neocon troll who is full of lies!


45 posted on 03/30/2022 9:36:06 AM PDT by nickcarraway
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To: nickcarraway

A media platform?


46 posted on 03/30/2022 9:40:26 AM PDT by Colt1851Navy (What was wrong with Nixon?)
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To: JonPreston
Don't look good for us. Russia has 3 times more proven reserves of oil than we do. They have 7 times less debt to GDP then we do. World is unhappy with the dollar.

And remember this when you fill you car at the pump. 100% gas btw, no ethanol.


47 posted on 03/30/2022 10:27:36 AM PDT by Karl Spooner
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To: ifinnegan

So, will Soros step in and decimate things for his profit?


48 posted on 03/30/2022 10:27:50 AM PDT by Scrambler Bob (My /s is more true than your /science (or you might mean /seance))
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To: BiglyCommentary

Whatever. I guess we’ll find out what happens to oil prices when they are decoupled from the dollar by new geopolitical alliances.

I guess you were one of the ones that believed the experts about transitory inflation, or the efficacy of masking for COVID mitigation. I wish I had your blind faith.


49 posted on 03/30/2022 11:02:47 AM PDT by Codeflier (I am just going to assume you are a Democrat if you call me a Putin supporter and ignore you.)
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To: Codeflier

No, not whatever. I’m the one who stridently opposed all the covid nonsense because I think for myself, do my own research. If you had done the same you wouldn’t just blindly beleive your petrodollar kookery thats been debunked over and over by real forex traders.


50 posted on 03/30/2022 11:09:24 AM PDT by BiglyCommentary
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To: Campion
If the dollar stops being the reserve currency-of-choice, that will make imports much more expensive, and make manufacturing things in the US that much more attractive.

They are not going to allow us to manufacture anything. Try paying attention.

51 posted on 03/30/2022 11:23:48 AM PDT by E. Pluribus Unum (Depopulate the depopulationists. --FJB)
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To: Dalberg-Acton
Correction “most” Republicans. There are only 3 elected that are worth anything. One is a governor, the other two are Congresswomen.

ALL OF THE OTHERS absolutely suck.

52 posted on 03/30/2022 12:10:08 PM PDT by Badboo (Ukraine is the progs new Covid. Russia gets to administer the vaccine.)
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To: BiglyCommentary

I think you should do more research into what is behind the petrodollar, it isn’t just the oil, a large part of it is what is known as petrodollar recycling. At the very least decoupling will potentially lead to wild swings in prices for us to buy with $, if the producers end up pegging their sales to another currency.

If we could actually produce energy here, it could mitigate some of the risk.


53 posted on 03/30/2022 12:42:25 PM PDT by Codeflier (I am just going to assume you are a Democrat if you call me a Putin supporter and ignore you.)
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To: Codeflier

No, you need to do more research at legitimate sites and skip the brainless kook sites that peddle the same crap for decades and are never right. They never tade real markets, they have never made any real money. Go find out the real reasons why the dollar is the world’s reserve currency.


54 posted on 03/30/2022 12:54:37 PM PDT by BiglyCommentary
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To: BiglyCommentary

I think you are wrong, but I think we will find out within 10 years. Then we will know who was right.

If you think the USD is sound and the underlying money creation we do is sustainable, you are most likely to be in for a big surprise in the coming years.


55 posted on 03/30/2022 1:01:29 PM PDT by Codeflier (I am just going to assume you are a Democrat if you call me a Putin supporter and ignore you.)
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To: Codeflier

In the trading world, money talks and bs walks. So have you divested completely out of the US dollar, all your savings and investments?


56 posted on 03/30/2022 1:14:52 PM PDT by BiglyCommentary
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To: E. Pluribus Unum

Who’s “they”? Things are changing, rapidly. “They” will change or die along with everything else. Maybe I’m not the one who’s not paying attention.


57 posted on 03/30/2022 2:36:38 PM PDT by Campion (All we are saying is give peace a chance.)
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To: JonPreston

How come you won’t answer any critiques of your globalist misinformation?


58 posted on 03/30/2022 4:16:12 PM PDT by nickcarraway
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To: Scrambler Bob

“So, will Soros step in and decimate things for his profit?”

Good call. That’s his MO.


59 posted on 03/30/2022 5:21:21 PM PDT by ifinnegan (Democrats kill babies and harvest their organs to sell)
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