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