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To: Fido969

The Ruble is now backed by oil and gold with a direct exchange rate to physical gold or oil. The dollar is backed by the word of the corrupt US government and their private fed printing fiat currency. The Ruble is money the dollar is currency know the difference it’s an important one.


8 posted on 04/26/2022 7:42:04 AM PDT by JD_UTDallas ("Veni Vidi Vici" )
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To: JD_UTDallas
The dollar is backed by the word of the corrupt US government and their private fed printing fiat currency.

The Credit/Debt scheme is central to the 'democracy model' these DC azzhats are looking to export at the barrel of a gun.

15 posted on 04/26/2022 7:46:55 AM PDT by JonPreston (Q: Never have so many, been so wrong, so often)
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To: JD_UTDallas

The rubble is backed by gold ON PAPER ONLY. No one can give them rubbles and get gold. The backing is worthless.


18 posted on 04/26/2022 7:49:27 AM PDT by BiglyCommentary
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To: JD_UTDallas

As much as I hate to agree with what you posted you are correct with regards to the dollar.

The ruble, however, is not truly floating on the world market right now so it’s a relative few markets setting this value. It is of note that earlier this month the Chinese government had the ruble at ~7500 to the dollar. The citation is in my posting history.

In any case, until the ruble floats on the world market again any value accorded to it is hypothetical since you can’t buy it at any price.


40 posted on 04/26/2022 9:25:51 AM PDT by MercyFlush (The Soviet Empire is right now doing a dead cat bounce.)
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To: JD_UTDallas

You nailed it exactly.


52 posted on 04/26/2022 10:54:49 AM PDT by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up..)
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