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15
Gallons_of_cum 15 points ago +15 / -0

Didn't they start backing the ruble in gold? I remember hearing something about that

12
VoidWanderer 12 points ago +12 / -0

Weird how your currency starts working properly when you ditch the "fed" and actually back it with something instead of smoke and mirrors.

6
Modernturnkey 6 points ago +6 / -0

Fun fact: every person that ever tried to do state banking wound up assassinated or declared war upon.

The fed is a cancer on a country.

3
Drooperdoo 3 points ago +3 / -0

Abraham Lincoln got rid of debt-based money and issued currency directly from the Treasury (as it's SUPPOSED to be done, Constitutionally). It was called the Greenback. By means of doing this, he pulled the country out of depression--and was assassinated shortly thereafter.

Adolf Hitler got rid of debt-based currency. Germany went from hyper-inflation and poverty to a booming economy within six months--and the Western banking system declared war on him.

John F. Kennedy issued an executive order to get rid of debt-based currency, and to yank monetary policy away from the Fed and to return it to the Treasury. He was assassinated shortly thereafter.

Momar Kaddafi got rid of debt-based currency in Libya and created a gold-backed African dinar--and was assassinated shortly thereafter.

Starting to notice a pattern?

  • Economies bloom when you get rid of the parasite. Average people see their standard of living rise over night and business creation flourishes when people aren't taxed into poverty to siphon money out of the productive economy to send it to bankers for interest-payments on money we SHOULD be printing up for free. If we just followed the laws AS WRITTEN and cut out the middle men, we could be living in prosperous utopias--instead of in Detroit-style hellholes so that a small cabal of hand-rubbing men with tiny hats can live in mansions on the basis of OTHER PEOPLE'S productivity.
5
Redpill-notCommieRed 5 points ago +5 / -0

Black gold, as in all oil exports have to be paid in rubles

2
TexasPiper 2 points ago +2 / -0

In b4 Putin gets Ghadifi’ed

2
Harper42190 2 points ago +2 / -0

So, once they did that, big $ started buying ruble and using arbitrage to make $, and up it goes.

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deleted 7 points ago +7 / -0
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Manofmanytrades 2 points ago +2 / -0

You only own what you can physically hold. Hopefully these countries will eventually tell the IMF to get fucked. Once a few do it, others will follow.

5
killacommieformommy 5 points ago +5 / -0

didn't they also shit can mcdonalds -That's Winning!

3
WhoMeTwo 3 points ago +3 / -0

Pretty much...

3
RedditSuxAss 3 points ago +3 / -0

The Sri Lanka post where everyone said, duh what did you expect, no backlash? The same people keep saying everything bad that happens is iNteNTionAL. So which is it?

3
TexasPiper 3 points ago +4 / -1

Username checks out

3
toysjoe 3 points ago +3 / -0

Sooooo, start buying rubles?

3
YouNeedVPN 3 points ago +3 / -0

Ruble is now back to within a few percent of preskirmish levels. Was Indeed way up for a bit

3
MagaDistributor 3 points ago +3 / -0

The plebs got too powerful, time to starve them so their tyranny can flourish.

1
ShitPoster 1 point ago +3 / -2

Literally 0 of those 3 points are even remotely true

2
MapleBaconWaffles 2 points ago +2 / -0

I don't know about the other two points, but the ruble has been gaining, and is above where it was before the conflict started.

https://www.xe.com/currencycharts/?from=RUB&to=USD

The chart shows compared to USD, but you can easily compare to other currencies. They show the same thing.

1
ShitPoster 1 point ago +1 / -0

This is because Russia took the step to artificially prop up their currency with their own gold reserves almost much of which has been seized in Europe and the rest of which is being rapidly depleted in Ukraine, as well as demanding EU gas payments in Rubles instead of dollars (artificially and temporarily increasing Ruble demand).

By any measure, they are fucked and ZERO people ever said "sanctions will wreck their economy in 5 minutes". It takes time and their economy is a big Russian turd swirling around the toilet bowl. They will NEVER recover by simply being friends with Iran, Cuba, Venezuela and North Korea. The EU is cutting them off. They are losing their gas markets... and Russia is an oil economy that is running out of places to sell oil. All of this forgets the fact that close to 1000 foreign companies pulled out of Russia and of Russia's dumb 20-somethings to die in Ukraine while the smart 20-somethings left the country for IT jobs in Europe. Russia is getting both dumber and poorer with each passing minute.

1
MapleBaconWaffles 1 point ago +1 / -0

Is there any real progress being made in teh ground war, or have things just stagnated?

2
DuesImperator 2 points ago +2 / -0

Ukraine surrendered the last stronghold in Mariupol (the Azovstol Stwll Plant) where fighters have been hunkered down for the last 82 days. Russia took the fighters into their control and are apparently going to trade them for Russians. As of today Russia now controls the route from Russia to Crimea and the Eastern Donbas Region. https://www.businessinsider.com/ukraine-troops-leave-mariupol-azovstal-plant-apparent-surrender-2022-5

1
ArcticDark 1 point ago +1 / -0

"Сука, блять......." - Zalensky

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deleted 1 point ago +1 / -0