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Sanctions Impact in Russia

By AmericanKulak follow AmericanKulak   2022 Mar 4, 11:05pm 2,634 views  192 comments           share      

Pay $1.81/gallon for gas
https://www.globalpetrolprices.com/Russia/gasoline_prices/?source=patrick.net

Gas in Russia is cheaper than Gas in Qatar or Bahrain or Saudi Arabia.

Unable to buy $30/lb luxury Italian Cheese, $30/bottle midrange French Wines, expensive German Audio Equipment... what will the Russians do with themselves?

Eat local cheese, drink local beer, and buy the same audio equipment from China that's on Amazon USA

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148   Eric Holder   2022 Apr 25, 10:22am  

News of the political blockade of Russia
* Turkey has closed airspace for Russian aircraft flying to Syria.
* Air carriers from Russia will not be able to launch new flights to the US.
* The Pope has canceled a meeting with Patriarch Kirill.
* The parliaments of Lithuania and Latvia declared May 9 "the day of memory of the heroes of Ukraine." And Kazakhstan canceled the parade that day.
* Russia was stripped of its permanent observer status in the Organization of American States.
* The UNESCO session was supposed to be held in Kazan - it will be held outside of Russia.
* Russia will close the Consulate General of Latvia, Lithuania and Estonia in St. Petersburg.
* In 2019, the share of foreigners in the Russian concert market was, according to MTS ticket services, 20%. And in March of this year, it was less than 1%. A total of 15 concerts throughout Russia, three of which have already been cancelled.
(google translate from Russian source)
149   RWSGFY   2022 May 5, 10:14am  

SYDNEY (Reuters) -A Fiji court ruled on Tuesday that the United States can seize a Russian-owned superyacht, 21 days after it arrived and was impounded by police, as the United States and its allies press Russia over its invasion of Ukraine.

U.S. authorities assert that the luxury vessel, the Amadea, is ultimately owned by Russian oligarch Suleiman Kerimov, who has been sanctioned by the United States and the European Union.
The U.S. Justice Department’s Taskforce KleptoCapture has focused on seizing yachts and other luxury assets to put the finances of Russian oligarchs under strain in a bid to pressure Russian President Vladimir Putin over the war in Ukraine.
Fiji’s High Court granted the order to seize the Amadea, Fiji’s Office of the Director of Public Prosecutions said in a statement.
The order was made after the DPP applied to register a U.S. warrant to seize the yacht, it said.



The fucking thing is YUUUGE, prolly bigger than the cruiser "there is no proof it really sunk" Moskva.




150   WookieMan   2022 May 5, 11:24am  

RWSGFY says
The fucking thing is YUUUGE, prolly bigger than the cruiser "there is no proof it really sunk" Moskva.

Yeah, even small shipping containers are 28' long or so. That thing is damn near a football field long. Just rent a ship that fucking big. Why own it? You've got the money as an oligarch. Even if it was your primary residence, it makes no sense. Shitty marina I might add. I'm sure that's so peaceful with all the cargo containers getting loaded daily. True luxury.
151   Eric Holder   2022 May 5, 12:05pm  

Liberators being pushed back near Kharkiv:

154   Eric Holder   2022 May 20, 9:46am  

Moscow — Russia has eased safety standards for cars produced on its territory, such as dropping the requirement for airbags, after Western sanctions over the war in Ukraine caused a shortage of electronic components and car parts. In a decree signed on May 12, the Russian government announced a list of reduced requirements to certify some types of new vehicles produced in the country.

It includes the production of cars without Anti-Lock Braking System (ABS) sensors, airbags or Emergency Locking Retractors (ELR) for seatbelts. The decree is in effect until February 1, 2023.


Seatbelts? WE DON"T NEED NO STINKING SEATBELTS!!!
155   Eric Holder   2022 May 20, 1:35pm  



Production of Russia's Soviet-era car brand the Moskvich could resume using a Chinese platform in partnership with truckmaker Kamaz, two sources told Reuters on Thursday, with the model to be built at Renault's former Moscow factory.

The sources told Reuters that Kamaz was in talks with its partner, Chinese carmaker JAC, about using its design, engineering and production platform to produce the brand. Kamaz and Moskvich declined to comment.

The Moskvich is set to make a surprise comeback in Russia as Moscow takes over assets belonging to Renault, after the French carmaker said it was selling its majority stake in Avtovaz to a Russian science institute.

Russian business daily Vedomosti, which first reported the news on Thursday, cited a source as saying that production would begin no later than the fourth quarter of this year.






Will it have seatbelts?
156   Eric Holder   2022 May 20, 1:40pm  

NO MORE HITLER CARS IN RUSSIA!

The Kaluga region, south of Moscow, once known for its 'economic miracle' after attracting major foreign carmakers, is threatened by Western sanctions amid the ongoing war in Ukraine.

Had he known, Dmitri Petrov would not have undertaken the imposing project of adding a second floor to the charming brick house that he and his wife have been building for three decades. The result is convincing, though and construction is well under way. The garden looks like a small English park, with its neat pond, its impeccable lawn and the very Russian-style vegetable garden, which is awaiting summer to yield juicy vegetables.

But he is facing two issues. Since the onset of the war in Ukraine, on February 24, inflation is rising and the price of building materials has almost doubled. According to Mr. Petrov, 50, it's not the right time for grandiose projects, but rather one of uncertainty, in the Kaluga region, south of Moscow, where sanctions are being felt.

More on this topic French carmaker Renault sells Russian assets to Moscow

Mr. Petrov is a Volkswagen employee, a forklift operator. Tomorrow will mark his third month of temporary lay-off. His pay, which he usually considers "very good," was reduced by one third. Not only is he now paying attention to the price of building materials, but also to that of basic necessities like milk, which he loves. Had he known the tough situation awaiting Russia amid sanctions that he finds "unjust," Mr. Petrov would have waited a bit more for his house extension project.


HE"S NOW PROTECTED FROM JOOISH NAZIS MARCHING INTO KALUGA AND DEMOLISHING HIS HOUSE SO HE SHOULD BE GRATEFUL!!! AND THE RUBBLE IS SO HIGH HIS 1/3 PAY CUT IS ACTUALLY A RAISE!!!
157   Hugh_Mongous   2022 May 21, 10:03pm  

Russian Minister of Transport Vitaly Savelyev said that the sanctions have led to serious problems with logistics in Russia.

“Those sanctions that were imposed today on the Russian Federation practically broke all the logistics in our country. And we are forced to look for new logistics corridors,” he told reporters during a visit to the Astrakhan region.


https://meduza-io.translate.goog/news/2022/05/21/ministr-transporta-zayavil-chto-sanktsii-prakticheski-polomali-vsyu-logistiku-v-rossii?_x_tr_sl=ru&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
158   Eric Holder   2022 May 23, 2:33pm  

May 22, 23:49 / Business

Russia is running out of reagents for medical tests

Anna Kiseleva Margarita Sobol

An increase in the delivery time of equipment, reagents and consumables is confirmed by 63.1% of employees of public and private clinical and biological laboratories, showed a survey conducted at the request of Vedomosti by the Aktion medicine company, which is part of the Aktion group. The study involved 130 respondents: heads (53.8%) and doctors of laboratories (21.5%), as well as biologists, technologists, laboratory assistants (10.8%), nurses (6.2%), chief doctors and specialists on public procurement of medical organizations (5.4 and 2.3%, respectively). 49.2% of respondents noted interruptions in supplies, and in 20% they stopped altogether. Another 18.5% of respondents had to switch to new manufacturers and distributors, 16.2% had problems with paying for supplies. And only 5.4% of respondents said that nothing has changed in their work.

On May 20, a patient of the seventh branch of the Moscow Polyclinic No. 121 could not get a referral from a doctor for a complete blood count. The doctor explained his refusal by the lack of reagents in the laboratory, she told Vedomosti. Other visitors to medical institutions also face a similar problem. For example, a doctor at a polyclinic in Krasnoznamensk, near Moscow, for the same reason, warned that referrals for even a simple blood test would not be issued, a resident of the city said. Due to difficulties with consumables, veterinary clinics performed biochemical tests only in emergency cases in April, says Yan Muzalevsky, chief physician of the Alisa network of Moscow veterinary clinics.




https://www-vedomosti-ru.translate.goog/business/articles/2022/05/22/923109-zakanchivayutsya-reagenti?_x_tr_sl=ru&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp
159   Bd6r   2022 May 23, 2:41pm  

Lets not give (some of) ourselves a false hope - Russian economy is uniquely resistant against sanctions. Everything boils down to (1) how bad will it go for them in Ukraine, and (2) how much lowering of their life quality will Russian population tolerate.

https://oilprice.com/Energy/Energy-General/Why-Russias-Economy-Hasnt-Collapsed-Under-The-Weight-Of-Sanctions.html

Until now, a majority of analysis has focused on Russia’s military failures, Zelensky's impressive leadership, and the surprisingly unified response of the international community. What has been relatively overlooked is the resilience of Russia’s economy when it comes to surviving sanctions. In a globalized world that is already suffering from supply chain problems, an energy shortage, and an economic slowdown, it is remarkable that sanctions have failed to bring Russia’s economy to its knees.

Firstly, and most importantly, it is Russia’s unique position as a net exporter of both energy and key foodstuffs that has allowed it to stay afloat. If similar sanctions had been placed on a net importer like China, for example, you could eventually expect deindustrialization, famine, and mass unrest. It would be a disaster. Russia, on the other hand, is uniquely positioned to survive this economic assault. It is also able to run a massive trade surplus because of its energy exports and because oil and gas prices are at multi-year highs.

While Russia is surviving, the long-term outlook for the Russian economy is dire. The extreme measures that have been put in place to counter sanctions are not long-term solutions, and if the illusion of stability in the ruble eventually collapses, the economy will too. The country also has to deal with its inability to access the technology and goods necessary to maintain key industries. Other realities such as ‘brain drain’, caused by international isolation, and the eventual reduction in demand for its oil and gas exports will only further diminish its economic strength. Russia has survived sanctions better than almost any other country could, but the struggle is far from over for Moscow.
160   Eric Holder   2022 May 23, 2:46pm  

Bd6r says

Lets not give (some of) ourselves a false hope - Russian economy is uniquely resistant against sanctions. Everything boils down to (1) how bad will it go for them in Ukraine, and (2) how much lowering of their life quality will Russian population tolerate.

https://oilprice.com/Energy/Energy-General/Why-Russias-Economy-Hasnt-Collapsed-Under-The-Weight-Of-Sanctions.html

Until now, a majority of analysis has focused on Russia’s military failures, Zelensky's impressive leadership, and the surprisingly unified response of the international community. What has been relatively overlooked is the resilience of Russia’s economy when it comes to surviving sanctions. In a globalized world that is already suffering from supply chain problems, an energy shortage, and an economic slowdown, it is remarkable that ...


If Russians are OK with exchanging their (formerly) growing standard of living for occupation of the glorious metropolis of Popasna (or what's left of it) - more power to them.
161   AmericanKulak   2022 May 23, 3:33pm  

There's a lot of strange stories and shit isn't adding up on both sides.

Are they trying to create a cauldron or what in the Donbas? If they are, speed it up. If they aren't, what's their problem?

I don't believe the Ukies themselves are fighting very hard. My guess is that they're in static positions due to low morale and shitty training, and it's mostly "Contractors" with perhaps a handful of trained AFU specials are doing hit and runs against the Russians. The Javelins are really going to Ace Tomato Company's Security Subdivision, "Alphabet Soup LLC"
163   Bd6r   2022 May 23, 8:57pm  

AmericanKulak says
they trying to create a cauldron or what in the Donbas? If they are, speed it up. If they aren't, what's their problem?

I'll write up my thoughts in a while
AmericanKulak says
don't believe the Ukies themselves are fighting very hard.

Depends on unit but on average they are fighting hard. Proof - Russians have been ejected from swaths of territories and have scaled back their appetites considerably.

A more interesting question is why Putin attacked at exactly right moment when it was starting to be clear that covid!!! panic was manufactured and shutdowns/vaccines had killed more than covid itself. War drowned out covid in media
164   RWSGFY   2022 May 24, 5:46am  

AmericanKulak says

There's a lot of strange stories and shit isn't adding up on both sides.

Are they trying to create a cauldron or what in the Donbas? If they are, speed it up. If they aren't, what's their problem?


More like "cauldronchik", encircling a brigade or two. And their problem is their teeth being kicked into their throats at every step towards that lofty achievement, causing "minor corrections" to the plan.


165   FortWayneAsNancyPelosiHaircut   2022 May 24, 9:50am  

Bd6r says
Depends on unit but on average they are fighting hard. Proof - Russians have been ejected from swaths of territories and have scaled back their appetites considerably.


Yep, Russian military was sent it without air cover, stupidly generals didn't think Ukraine would fight back. They did, blew up a lot of Russian tanks, and Russia had to pull back into territories they can provide air cover in and line support.

Bd6r says
A more interesting question is why Putin attacked at exactly right moment when it was starting to be clear that covid!!! panic was manufactured and shutdowns/vaccines had killed more than covid itself. War drowned out covid in media


This is just an opinion, but I think it's pure coincidence. Covid wasn't ending, Biden was still wearing a mask and media was still telling people to mask up. I remember that day when the war begun, suddenly Biden showed up without a mask and everyone noticed. Our faggot media had to pivot suddenly to worry about war and not covid. Because their covid plans of great reset have been thrown into chaos by a war. A war they did push Russia and Ukraine into. World is fucked up man.
166   Bd6r   2022 May 24, 10:21am  

FortWayneAsNancyPelosiHaircut says
This is just an opinion, but I think it's pure coincidence.

It is possible but perhaps somewhat unlikely. Very few things happen by chance. "They" aka globalists needed something that would take attention of impressionable masses of covid disaster, and they got it. Biden got someone to blame for inflation and gas prices (even though most of increase happened before Russian attack). I wonder if Vlad and Joe are on the same team at expense of Americans, Russians, and Ukrainians.
167   FortwayeAsFuckJoeBiden   2022 May 25, 9:24am  

RWSGFY says

richwicks says
FortWayneAsNancyPelosiHaircut says
Well, they swapped Ukraine in, overnight got rid of masks... and now we talking about Russia/Ukraine all day long.


It's called the Overton Window. I actually regard the Ukraine war as basically yet another distraction. I wonder what fuckery our government is up to during times like these?


Obviously, our government has hired Pooty-poot to distract us from FortWhine's problems, duh.


don’t be a dick
168   RWSGFY   2022 Jun 8, 8:52am  

Son of Medvedev - the clown who was warming pedo Vlad's seat for 4 years in order to circumvent the constitutional limit on the number of terms in the office - has been kicked out of the US:

https://mobile.twitter.com/expatua/status/1533115068526825473?ref_src=twsrc%5Etfw
169   Eric Holder   2022 Jun 8, 10:22am  

RWSGFY says


Son of Medvedev - the clown who was warming pedo Vlad's seat for 4 years in order to circumvent the constitutional limit on the number of terms in the office - has been kicked out of the US:

https://mobile.twitter.com/expatua/status/1533115068526825473?ref_src=twsrc%5Etfw


That TRIGGERED him big time:





https://twitter.com/AlexKokcharov/status/1534084406801047553
170   Patrick   2022 Jun 12, 11:02am  

https://www.theguardian.com/world/2022/jun/12/mcdonalds-restaurants-in-russia-reopen-under-new-brand

The impact of sanctions here seems to be that profits from McDonalds will no longer flow to the West, but be kept in Russia.
171   Patrick   2022 Jun 15, 7:08pm  

https://slaynews.com/news/wh-officials-sink-joe-biden-privately-admit-collateral-damage-from-russian-sanctions-has-been-wider-than-expected-exacerbating-inflation-and-worsening-food-insecurity/


White House officials are leaking about America’s mounting economic crises, admitting privately that Democrat President Joe Biden’s sanctions against Russia are “exacerbating inflation and worsening food insecurity.”

Biden admin insiders are reportedly raising concerns the sanctions on Russia are causing massive “collateral damage” to the American and the world economy.

Worryingly, the White House officials say Biden’s miscalculation and bungled rollout of the sanctions may lead to a worldwide famine that will destabilize the entire world.

Saagar Enjeti, co-Host of “Breaking Points with Krystal and Saagar,” revealed the growing panic from within Biden’s team.

“White House officials privately admit ‘the collateral damage’ from Russia sanctions ‘has been wider than expected’,” Enjeti said.
172   gabbar   2022 Jun 15, 7:41pm  

Bitcoin says

@gabbar
How would you feel about this plan: The US could utilize their best special forces to deploy a covert team into Moscow. Similar to what we did with other terrorist in previous years.
That special force team would take out Putin, some of the generals and maybe some oligarchs.

We would then plant US trained leaders in Moscow so that Moscow becomes controllable for the US. The way i think about this is Russia could become a special exporter of goods to the US at special conditions (reduced pricing) as a pay-back for the US efforts.

I hear you. Its wishful thinking. We gotta get over 2022 without widespread chaos first.
173   rocketjoe79   2022 Jun 15, 8:28pm  

gabbar says

Bitcoin says


@gabbar
How would you feel about this plan: The US could utilize their best special forces to deploy a covert team into Moscow. Similar to what we did with other terrorist in previous years.
That special force team would take out Putin, some of the generals and maybe some oligarchs.

We would then plant US trained leaders in Moscow so that Moscow becomes controllable for the US. The way i think about this is Russia could become a special exporter of goods to the US at special conditions (reduced pricing) as a pay-back for the US efforts.

I hear you. Its wishful thinking. We gotta get over 2022 without widespread chaos first.


Didn't Kennedy try that with Castro - like 100 times?
174   zzyzzx   2022 Jun 16, 7:17am  

Russian McDonalds replacement:
https://www.youtube.com/watch?v=sXs1f44DFcI
175   Eric Holder   2022 Jun 16, 12:33pm  

Very informative thread on Rubble's trajectory, structure of Ruscist economy/exports/imports, sanctions impact and, BTW, who armed who for this war:

https://twitter.com/kamilkazani/status/1537122850745815040?ref_src=twsrc%5Etfw
177   Patrick   2022 Jun 20, 1:15pm  

https://www.dw.com/en/germany-to-fire-up-coal-plants-as-russia-turns-down-the-gas/a-62182321


Germany to fire up coal plants as Russia turns down the gas
As Russia reduces its supply of natural gas, Economy Minister Robert Habeck has said Germany must curb its usage. Otherwise, things "could get tight in winter," he said.
178   Bd6r   2022 Jun 20, 2:56pm  

Patrick says

Germany to fire up coal plants

worse than that, this is the most dirty and inefficient type of coal, so-called lignite. Thank you greenies who shut down clean, carbon neutral, and cheap nuclear power! They must be Russian agents!

President Joe Biden's continued dismissal of domestic energy sources during his first year in office likely played right into the hands of Russian President Vladimir Putin, who has allegedly been providing covert active support to "green energy" activist groups around the globe for years in a bid to keep the U.S. — and, more importantly, Europe — addicted to Russian gas.

Former NATO Secretary General Anders Fogh Rasmussen warned in 2014 that Putin was funding certain "green" groups through far-left organizations as part of the Kremlin's "sophisticated information and disinformation operations."

These Russian subversives targeted hydraulic fracturing — fracking — which is used to extract oil and gas from otherwise difficult deposits. Putin condemned fracking in 2011, saying it was "associated with significant environmental risks, in particular the hazard of surface and underground water contamination with chemicals applied in the production process."

The Rosa Luxemburg Stiftung (RLS), based in Berlin, has advanced Putin's agenda on both sides of the Atlantic. It opposes fracking in the U.S. and in Europe and has endorsed the "Green New Deal." It also backed climate action and supported ending the Keystone XL pipeline.

But many RLS leaders previously worked for the dreaded East German secret police, the Stasi, or were leaders of the Cold War-era East German Communist Party. Stasi informants played a key role in promoting the climate of fear that kept East German society under control.

https://weber.house.gov/news/documentsingle.aspx?DocumentID=1208
179   Patrick   2022 Jun 21, 10:14am  

https://www.bbc.com/news/business-61861849


Russia has become China's biggest supplier of oil as the country sold discounted crude to Beijing amid sanctions over the Ukraine war.

Imports of Russian oil rose by 55% from a year earlier to a record level in May, displacing Saudi Arabia as China's biggest provider.
180   Booger   2022 Jun 21, 12:38pm  

Patrick says


Germany to fire up coal plants
181   Misc   2022 Jun 21, 9:15pm  

The supply of oil on the international markets has not really changed.

Russia is exporting about 1 million barrels per day less and Biden is pulling about 1 million barrels per day out of our Strategic Petroleum Reserves. Everything else has been about the same.

Biden is pulling the reserves because he thinks that lowers the price. There is no shortage of oil as Russia can easily export the extra million barrels per day if Biden stops reducing our Reserves. Basically he is reducing our Reserves when there are no supply problems.

Next week, Biden is going to go to Saudi Arabia and make his handlers look even more incompetent by sucking MBS's dick while asking for more oil to be produced. It will be hard for MBS to get the Alzheimer patient to understand that the world is fully supplied with oil. That the increase in oil prices has everything to do with Joe's fucked up policies.

Joe has lost all trust from the Saudis by kissing Khomeini's butt and allowing Iran to exceed the treaty's uranium enrichment quotas (there never has been any treaty on Iran's part based on Iran's actions) and allowing Tehran more access to funding. Joe may go off the deep end and threaten to seize Saudi's treasuries by allowing Congress to enact anti-OPEC legislation that overrides soveriegn immunity. If the US can freeze Russia's treasuries and seize Russian billionaire's assets, we can do the same to Saudi's assets. Besides there needs to be reparations for global warming--- right?

MBS will pat Joe's head and give like $100 million to Hunter's charity (same as he did for Ivanka) and call it a day.
182   Patrick   2022 Jun 22, 10:08am  

https://spectatorworld.com/topic/russia-is-sidestepping-american-oil-sanctions/


The Center for Research on Energy and Clean Air, an organization in Finland, calculates that Russia’s export prices for fossil fuels in general are about 60 percent higher than they were last year. Asked by lawmakers whether Moscow was raking in more money from oil sales now than in the months before the war, Amos Hochstein, the Biden administration’s envoy for energy affairs, wasn’t cute with his answer: “I can’t deny that.”
183   Patrick   2022 Jun 22, 10:09am  

Misc says

Joe may go off the deep end and threaten to seize Saudi's treasuries by allowing Congress to enact anti-OPEC legislation that overrides soveriegn immunity. If the US can freeze Russia's treasuries and seize Russian billionaire's assets, we can do the same to Saudi's assets.


True, Biden has destroyed trust in US financial institutions kind of like Trudeau destroyed trust in Canadian banks, only on a vastly larger scale.
184   Eric Holder   2022 Jun 22, 3:58pm  

Patrick says


https://spectatorworld.com/topic/russia-is-sidestepping-american-oil-sanctions/


The Center for Research on Energy and Clean Air, an organization in Finland, calculates that Russia’s export prices for fossil fuels in general are about 60 percent higher than they were last year. Asked by lawmakers whether Moscow was raking in more money from oil sales now than in the months before the war, Amos Hochstein, the Biden administration’s envoy for energy affairs, wasn’t cute with his answer: “I can’t deny that.”




Yep, they are getting shitload of dollars and nothing to spend them on: they need aircraft parts, car parts, chips, night vision, engines, compressors, etc. and can't buy shit. So basically they are getting all that dough for safekeeping until the time to pay reparations comes.
185   Eric Holder   2022 Jun 22, 4:10pm  

And to these who cheer the Rubble going up against dollar: they do it because very shmart Russian population has always used exchange rate as a measure of the economy's health. It kinda worked when the Rubble was allowed to float free. But does it work now with all the restrictions in place? Think about it: strong Rubble kills the exporters. Why? Easy: if you are a producer of some gadget and used to get 70 Rubbles for every dollar you get in, now you're getting only 53. Meaning you have less money to pay to your workers and suppliers while even OFFICIAL inflation rate for the year is at 17%. In the past when inflation would rise the Rubble would tank against the dollar so you would be able to keep up with rising costs, but not this time, because capital controls and import restrictions have pushed it up in the opposite direction. It's a great facade with nothig but rotting shit behind it.

This is why exporter countries like Japan and China working hard to keep their currencies low, not letting them go up to the natural balance, let alone jacking them up to artifical hights.
186   Bd6r   2022 Jun 22, 4:12pm  

Eric Holder says

And to these who cheer the Rubble going up against dollar:

I don't think they let population exchange more than 10K USD at a time. So it is kinda similar to Soviet times, when they sold you $100 for 80 rubles, but if you needed more, you had to buy in black market where $1 was 4 rubles.
187   Eric Holder   2022 Jun 22, 4:17pm  

Bd6r says


Eric Holder says


And to these who cheer the Rubble going up against dollar:

I don't think they let population exchange more than 10K USD at a time. So it is kinda similar to Soviet times, when they sold you $100 for 80 rubles, but if you needed more, you had to buy in black market where $1 was 4 rubles.



Also if you used USD as an inflation hedge (which was the SOP in ex-USSR countries for the last 30 years) you hedge is now broken: the inflation is 17% AND USD you hold cost LESS in Rubbles, i.e. you're double fucked.

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