Article

2023-08-16 Caucasus/Russia/Central Asia

Ruble Turns to Rubble - below 100 Rubles per $

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Posted by lord garth 2023-08-16 00:00|| || Front Page|| [14 views ] Top

#1 Considering what a dollar is worth these days, that's gotta hurt.

Posted by Mercutio 2023-08-16 10:09|| 2023-08-16 10:09|| Front Page Top

#2 Doesn't this mean the Rubble got stronger? Or dollar weaker?

Posted by BrerRabbit 2023-08-16 10:30|| 2023-08-16 10:30|| Front Page Top

#3 Not that longue ago, several commenters here were saying the rouble was going to roule the wourld...

Posted by M. Murcek 2023-08-16 10:46|| 2023-08-16 10:46|| Front Page Top

#4 When your rubles turn to rubble,
And your currency goes *CRASH*,
It's time to seek a second job,
Perhaps with Uralmash.

Posted by SteveS 2023-08-16 16:28|| 2023-08-16 16:28|| Front Page Top

#5 Much, if not all, of currency is based on confidence. Why else could the US Fed issue trillions of dollars and not cause inflation?

But, our day is coming. It's not if, but when, but it'll be a while yet, most likely. I don't get too wrapped up in this BRICS thing. And gold bugs such as Peter Schiff has been squawking about the end of the dollar for a good 15-20 years. Well, he's still wrong.

Posted by DooDahMan 2023-08-16 19:12|| 2023-08-16 19:12|| Front Page Top

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