Reminder: If you think Russia is losing you are an NPC
Reminder: If you think Russia is losing you are an NPC
Nolan Bell
Oliver Mitchell
I-it'll drop soon putinshill. SLAVA UKRAINI
Julian Morris
How many billions in lost equipment?
Joshua Carter
Objectively speaking though, I wonder just how sustainable their currency prop moves are. Putin & Company probably planned to make some moves to counter the drop, but there has to be a wall.
Any large enough country can probably pump their currency a few times, but it's like an adrenaline shot -- eventually the body just gives out.
John Stewart
They have pegged to rubble to gold. thats why they are winning. the west fiat currency is dying. the inflation has only just begun
Brody Thompson
It will work as well as Biden opening the fuel reserves to drop gas prices. Eventually it will hit the wall and then youre really fucked.
Carter Walker
their Fed can pump the currency all they want, that won't change the fact that their economy will contract by 15% by the end of the year. And that's not counting the long term effects, like being put export control lists for a lot of high tech stuff, a lot of the educated middle class leaving the country, Europe finding new gas/oil sources etc.
Jayden Rodriguez
Haha
>Preventing everyone from selling roubles
>Spend what you have buying rubbles
>Celebrate in glory as rouble rises and declare victory
Russia have chosen that their currency is their priority. That exchange rate is mostly theoretical, though. What we're seeing is the splitting up of the global market, into several markets with enormous arbitrage between them, because politics keeps them apart. This is evident by the fact that Russia is defaulting on its dollar debt, because no amounts of roubles it has can pay its dollar debt and it can't get those sums exchanged.
Easton Carter
the russian central bank can not print money anymore. they rouble has been pegged to gold.
Putin has called bullshit on the entire fiat banking system of the west. He's already won, the MSM just doesn't want to tell the NPCs the truth
Adrian Smith
Putin is pumping up the Ruble by using reserves.
Those reserves are going to be depleted eventually.
Russia might "win" the war against Ukraine but it will be weakened significantly.