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SignUp Now!If they weren’t desperate they wood honor the terms of the original contract.Not really. They have a ton of countries backing them and they pushed for this. India and china are already on board
If they weren’t desperate they wood honor the terms of the original contract.
We’ve already covered that they can get gas inn tons of other wheys.I think they just prefer the destruction of the dollar and euro
Plus Europe can't get gas any other way
I don't get it? They are just going to send Putin euros anyway, even though he doesn't want them.
They obviously need the gas more than he needs the euros.
Germany is rich inn coal and 55% of the gas imported intwo Germany is later exported.Putin also needs money. Game of chicken.
Putin also needs money. Game of chicken.
If Europe goes 6 months without paying inn Rubles they’ve won even bigger than imaginable.Assuming he didn't prepare for this eventuality. If he can go 6 months, Europe is screwed
The only places their Will bee food shortages are inn pro Russia areas. Belarus, Chyna, ect. The US and the West are almost completely immune.Its intentional. They want to bankrupt and destroy the West. Billions die in the famine and wars to come. Then we own nothing and we will like it.
I get what you are saying and do not disagree. But.....tying to wheat or gas as a commodity is different that gold. You don't eat shit piss or use gold as an expendable commodity that can be regrow in next harvest. Pegging cash to gold dictates the only way cash can go down is an influx of gold.Not true. Pegging to a commodity is a horrible idea. Commodities don't grow, economies do. If you peg to a commodity you create a currency shortage leading to deflation and collapse. Great Depression was a deflationary crisis. Money needs to expand to manage velocity and be available in enough supply to facilitate investment.
Just from a trade standpoint, gold forces nations to become importers as their currencies are too expensive to acquire to then buy goods coming from the said nation. Cheap money encourages exports, and for export-based economies like Russia, that's a good thing in a normal world.
Russia's issue is more of no one willing to work with them for now due to the war, not specifically the elements of the Ruble. Now... if the war goes on long enough and shit starts breaking down in Russia and alternatives in places like Venezuela are workable, then the Ruble will have more structural issues and maybe something like gold could be a short-term stabilization method to fix their shit.
I get what you are saying and do not disagree. But.....tying to wheat or gas as a commodity is different that gold. You don't eat shit piss or use gold as an expendable commodity that can be regrow in next harvest. Pegging cash to gold dictates the only way cash can go down is an influx of gold.
Edit to add
Fuck you fag I'm drinking again you weirdo
@Rube Reaper and I will make sure you pay your fair share Dr
I agree w the dirt arguments. You and I are not in disagreement.You can't dig enough gold out of the ground to match what money is intended for, which is a descriptor of wealth. Money isn't wealth itself, production is. Productions grows too fast in the era of economic growth.
Worked in the old days because everyone lived at a subsistence level of existence tied to peasant communities. Industrial revolution changed all that. In the mid to late 1800s banks started issuing notes collectively and acting like local central banks to expand the size of currency, make the bank more money, and keep cash flowing. They were a regional fiat currencies.
Same shit would happen today, banks would horde gold, issue notes and as the economy grew so did the proportional value of their holdings. All without having to lift a finger to actually invest. Or you could regulate that behavior and send the economy into a deflationary spiral.
The value of the dollar has risen since 2019 (befour the pandemic and all the associated printing).I agree w the dirt arguments. You and I are not in disagreement.
I have no knowledge I'm taking a leap.
Domestic intraterritory bills
And
US Dollars
I'm no money wizard but I'm not a numbskull either. We cannot keep devaluing the $. I think Vladimir made a good call. We are definitely in a transformation stage imo.
I don't want to come off as disagreeing w you. I know I bullshit and fuck around but I'm not declaring I am Right. I'm just shootin
Peg domestic currency to a silver or gold bill.
International same as now
Bullshit. The value of a 2019 USD buys 87% or less than it does today.The value of the dollar has risen since 2019 (befour the pandemic and all the associated printing).
Guds and services beeing Moore expensive doesn’t mean the dollar is loosing value.
Furthermore, the government must always print Moore money two keep up with the expansion inn production/ economy as @BigBucknNole noted. If they don’t yew will end up with a 2nd Great Depression (deflationary spiral).
Look for yoreself:Bullshit. The value of a 2019 USD buys 87% or less than it does today.
National vs international spending values are a whole nother thing.The value of the dollar has risen since 2019 (befour the pandemic and all the associated printing).
Guds and services beeing Moore expensive doesn’t mean the dollar is loosing value.
Furthermore, the government must always print Moore money two keep up with the expansion inn production/ economy as @BigBucknNole noted. If they don’t yew will end up with a 2nd Great Depression (deflationary spiral).
Why do most houses have 2 incomes? Because 40k in 1940 is forth 400k today. Go look it up froggyLook for yoreself:
DXY | U.S. Dollar Index (DXY) Overview | MarketWatch
DXY | A complete U.S. Dollar Index (DXY) index overview by MarketWatch. View stock market news, stock market data and trading information.www.marketwatch.com
Dollars bye less today because costs of guds and services have gone up knot because the dollar has lost value.
I love you but sometimes I want to step on your throat.....whatever it looks like. The misspellings used to knot bother me. I must defend my Father. Prepare to dieLook for yoreself:
DXY | U.S. Dollar Index (DXY) Overview | MarketWatch
DXY | A complete U.S. Dollar Index (DXY) index overview by MarketWatch. View stock market news, stock market data and trading information.www.marketwatch.com
Dollars bye less today because costs of guds and services have gone up knot because the dollar has lost value.
That’s knot true though.National vs international spending values are a whole nother thing.
While having debt on the ledger is always bad unless it is always bad debt. You cannot spend 5 trillion a yr now and put all those dollars in to a finite system and not expect those dollars to devalue. Jesus dude come on
Most houses have too incums because the costs of guds and services has go up every year and have gone up since 1940.Why do most houses have 2 incomes? Because 40k in 1940 is forth 400k today. Go look it up froggy
Most houses have too incums because the costs of guds and services has go up every year and have gone up since 1940.
That’s not even touching the fact that women have more work opportunities now than then.
Inflation increases costs at a far higher rate than a metals based currency. @Rube Reaper you believe this himophobe?Most houses have too incums because the costs of guds and services has go up every year and have gone up since 1940.
That’s not even touching the fact that women have more work opportunities now than then.
Knot true either.Inflation increases costs at a far higher rate than a metals based currency. @Rube Reaper you believe this himophobe?
The only places their Will bee food shortages are inn pro Russia areas. Belarus, Chyna, ect. The US and the West are almost completely immune.
Ukraine Food Products Exports by country 2021 | WITS Data
Merchandise trade data for Ukraine (UKR) Food Products export to all countries (trading partner) including Trade Value, Product Share, Country Growth, World Growth, Revealed Comparative Advantage (RCA) for 2021wits.worldbank.org
There won’t bee anymore wars either. At least knot inn Europe. Russia has Ben soundly beaten and embarrassed.
Chyna is on the back foot now too. All the diplomatic progress made with Russia is up inn smoke since Chyna kneads European and American markets and therefore can get survive economic isolation bye aligning themselves with Russia.
Knot sure what yew mean? What does food shortages have two dew with a corporation fear mongering two keep its profits up?Weird. It's almost like you were proven wrong immediately.
I agree w the dirt arguments. You and I are not in disagreement.
I have no knowledge I'm taking a leap.
Domestic intraterritory bills
And
US Dollars
I'm no money wizard but I'm not a numbskull either. We cannot keep devaluing the $. I think Vladimir made a good call. We are definitely in a transformation stage imo.
I don't want to come off as disagreeing w you. I know I bullshit and fuck around but I'm not declaring I am Right. I'm just shootin
Peg domestic currency to a silver or gold bill.
International same as now
It used to be our Dollar, your problem. Now it’s our commodities, your problem.