Uhhhh... bros?
Uhhhh... bros?
Leo Parker
Luis Reed
In America, we put "In God We Trust" on our money. In Russia, they have no money!
Ian Flores
Good for them
Leo Brooks
>That’s not how the economy works!!
>You see, there are RULES!!!
Jonathan Young
I've exchanged all my Euros for Rubles, once Russia has taken Kiev the good times are gonna roll
Kevin Gonzalez
Remove the capital controls then.
Jacob Walker
Cool
>prices still high
>can't even money to pay for services I used before february
Jonathan Walker
Why?
Kayden Brown
The Ruble stopped being representative of the Russian economy once massive capital control policies got installed and all foreign exchanging dried up.
Hudson Wilson
look at Ukrainian hryvnia then, it keeps being stable to all other currencies as well
this happens when you don't allow your currency to be freely converted, good for a while but unsustainable in the long term
Eli James
>NOOOOOO NOT THE SACRED FREE MARKET
>YOU CANT DU THAT AAAAAHHGR
Elijah Bennett
>once Russia has taken Kiev
Juan Bell
The real RUB exchange rate is set by AliExpress nowadays, it's higher than the official rate but not by much.
It must be admitted that Russia has kept its currency more or less stable but it resulted in serious problems in the job market. As far as I can see on Russian sites, IT devs are leaving Russia en masse for example, because contracts with western partners are cancelled and no new orders are being received
Lincoln Butler
Based
Aiden Allen
>what is cost of living
also: what are you going to spend your well earned factory schmucks on? McPutins? Getting a new MucBook Air?
Brandon Carter
We removed exchange rate controls two days ago, since situation stabilized enough
Luke Smith
>look at Ukrainian hryvnia then, it keeps being stable to all other currencies as well
dude...
Angel Hall
Proofs? Seems like he's right
Lucas Myers
your point?
it's capped at 30 uah per 1 usd
Dominic Foster
But it is, even without exchange rate controls
Henry Adams
well, maybe there are no direct capital controls now but it's obviously impossible that UAH has the same rate like before the war when half of Ukrainian economy isn't working right now, I guess your government might use different measures like buying UAH for its reserves in foreign currencies to prop up the exchange rate