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Mar 4 2024 06:24pm
Quote (El1te @ Mar 4 2024 04:13pm)
1 ruble is worth exactly 1 ruble

Its value has never changed ^^


stop posting. nobody is that stupid. not even TI
So when they go and buy the Chinese products its value hasn’t decreased? lmao
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Mar 4 2024 06:28pm
Quote (theCrossbones @ Mar 4 2024 04:24pm)
stop posting. nobody is that stupid. not even TI
So when they go and buy the Chinese products its value hasn’t decreased? lmao


You aren't the sharpest tool in the shed :/
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Mar 4 2024 06:31pm
Quote (El1te @ Mar 4 2024 04:28pm)
You aren't the sharpest tool in the shed :/


I’m not the one that believes the Ruble worth hasn't dropped in value since the sanctions took place.
try again
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Mar 4 2024 06:32pm
Quote (El1te @ 4 Mar 2024 17:13)
1 ruble is worth exactly 1 ruble

Its value has never changed ^^


He doesn't get it. He thinks exchange rates determine the value of a currency, and therefore when a nation is sanctioned, it's currency magically loses value.

The purchasing power of the Ruble, within Russia, has not gone down due to the war. The purchasing power of the Euro, Pound, and USD have all gone down, though only a portion of that is related to the war and loss of trade with Russia.
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Mar 4 2024 06:38pm
Quote (InsaneBobb @ Mar 4 2024 04:32pm)
He doesn't get it. He thinks exchange rates determine the value of a currency, and therefore when a nation is sanctioned, it's currency magically loses value.

The purchasing power of the Ruble, within Russia, has not gone down due to the war. The purchasing power of the Euro, Pound, and USD have all gone down, though only a portion of that is related to the war and loss of trade with Russia.


that’s patently false. vs other countries currencies it’s value is down also. clearly not as dramatic as vs the US dollar. and yes when it’s devalued it’s cost more to purchase other goods. exchange rates? new term? this forum is pathetic

This post was edited by theCrossbones on Mar 4 2024 06:39pm
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Mar 4 2024 07:02pm
Quote (InsaneBobb @ Mar 4 2024 04:32pm)
He doesn't get it. He thinks exchange rates determine the value of a currency, and therefore when a nation is sanctioned, it's currency magically loses value.

The purchasing power of the Ruble, within Russia, has not gone down due to the war. The purchasing power of the Euro, Pound, and USD have all gone down, though only a portion of that is related to the war and loss of trade with Russia.


15 dollars for a burger, our dollar has shit for purchasing power now

I wonder how the prices of Russian McDonalds have changed in the past 2 years
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Mar 4 2024 07:05pm
Quote (El1te @ Mar 4 2024 05:02pm)
15 dollars for a burger, our dollar has shit for purchasing power now

I wonder how the prices of Russian McDonalds have changed in the past 2 years


Here in America we understand that 15 dollars for a burger is called inflation and has nothing to do with the value of the Ruble and happened before the invasion of Ukraine .
try again

This post was edited by theCrossbones on Mar 4 2024 07:06pm
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Mar 4 2024 07:08pm
Quote (theCrossbones @ Mar 4 2024 05:05pm)
Here in America we understand that 15 dollars for a burger is called inflation and has nothing to do with the value of the Ruble and happened before the invasion of Ukraine .
try again


Inflation has everything to do with the value of a currency
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Mar 4 2024 07:08pm
Quote (El1te @ 5 Mar 2024 04:02)
15 dollars for a burger, our dollar has shit for purchasing power now

I wonder how the prices of Russian McDonalds have changed in the past 2 years


+30%
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Mar 4 2024 07:18pm
Quote (El1te @ Mar 4 2024 05:08pm)
Inflation has everything to do with the value of a currency


the previous comments are about foreign currency value.
US currency with US goods don’t have anything to do with the Ruble
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