Ukraine - Russia Conflict

[BMD]

Here's why the ruble-dollar exchange rate is fake.

Russia cuts key interest rate to 14%, says inflation could hit 23% this year

The Central Bank of Russia has cut its key interest rate to 14% from 17% as it looks to mitigate the impact of economic sanctions.

www.cnbc.com

If you double the amount people get in yield for buying ruble bonds, of course it will strengthen it. US interest rate is about 0.5% by comparison. And even still inflation hits 23% in Russia, so it's not really working.

Russia Interest Rate

The benchmark interest rate in Russia was last recorded at 14.50 percent. This page provides the latest reported value for - Russia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

tradingeconomics.com

 

[BMD]

https://twitter.com/x/status/1521919832194695168

 

[BMD]

On Russian TV.

https://twitter.com/x/status/1521902911646801920

 

[BMD]

Here's why the ruble-dollar exchange rate is fake.

Russia cuts key interest rate to 14%, says inflation could hit 23% this year

The Central Bank of Russia has cut its key interest rate to 14% from 17% as it looks to mitigate the impact of economic sanctions.

www.cnbc.com

If you double the amount people get in yield for buying ruble bonds, of course it will strengthen it. US interest rate is about 0.5% by comparison. And even still inflation hits 23% in Russia, so it's not really working.

Russia Interest Rate

The benchmark interest rate in Russia was last recorded at 14.50 percent. This page provides the latest reported value for - Russia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

tradingeconomics.com

View attachment 23681

• In the aftermath of Russia’s invasion of Ukraine and the ensuing unprecedented Western sanctions, the central bank is juggling a sharply shrinking economy and skyrocketing inflation

• Russian inflation reached 16.7% in March and the bank said on Friday that it expects annual inflation of between 18% and 23% this year.

 

[BMD]

https://twitter.com/x/status/1521908724352360449

Putin be like:

 

[BMD]

https://twitter.com/x/status/1521919037789417472

 

[randomradio]

Here's why the ruble-dollar exchange rate is fake.

Russia cuts key interest rate to 14%, says inflation could hit 23% this year

The Central Bank of Russia has cut its key interest rate to 14% from 17% as it looks to mitigate the impact of economic sanctions.

www.cnbc.com

If you double the amount people get in yield for buying ruble bonds, of course it will strengthen it. US interest rate is about 0.5% by comparison. And even still inflation hits 23% in Russia, so it's not really working.

Russia Interest Rate

The benchmark interest rate in Russia was last recorded at 14.50 percent. This page provides the latest reported value for - Russia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

tradingeconomics.com

View attachment 23681

Dude, you don't understand economics. Give it up.

 

[BMD]

Destruction of tanks in first person

 

[randomradio]

Russia seems to be trying to push Finland into joining NATO.

https://twitter.com/x/status/1521902157410230272

They are just demonstrating that status quo will be over.

 

[BMD]

Dude, you don't understand economics. Give it up.

No, it is you that doesn't. You raise interest rates, you slow inflation and keep the currency stronger, but it kills the economy. Reduce interest rates and the economy picks up but you get inflation and a weaker currency. Russia has high interest rates and still sky-rocketing inflation. The sky-rocketing inflation also suggests that the XR is BS. He's turning Russia into Zimbabwe.

They are just demonstrating that status quo will be over.

Well they ended it by invading. They also drove the protests that led to this in 2013 by pushing Yanoyafuk to join the Eurasian Economic Union, sparking mass protests.

'Eurasian Union': Ukraine chooses to strengthen ties with Russia and

The country's refusal to meet demands to free jailed former PM Yulia Tymoshenko has led the government to suspend preparations for the signing ceremony in Lithuania

www.independent.co.uk

No signs of corruption/puppeteering there. He chose this:

Eurasian Economic Union - Wikipedia

en.wikipedia.org

over this:

European Union - Wikipedia

en.wikipedia.org

 

[randomradio]

No, it is you that doesn't. You raise interest rates, you slow inflation and keep the currency stronger, but it kills the economy. Reduce interest rates and the economy picks up but you get inflation and a weaker currency. Russia has high interest rates and still sky-rocketing inflation. The sky-rocketing inflation also suggests that the XR is BS. He's turning Russia into Zimbabwe.

Well, you at least got some basic stuff right. But when economies go down, the trends happen over a longer term. The situation is nowhere near Zimbabwe though, especially when they are self-sufficient. There are way, way worse economies right now than Russia, like Pakistan, Sri Lanka. What's happening in Russia is just correction to a new reality, the sanctions. So their economy will fall, stabilise and then grow again.

 

[BMD]

Well, you at least got some basic stuff right. But when economies go down, the trends happen over a longer term. The situation is nowhere near Zimbabwe though, especially when they are self-sufficient. There are way, way worse economies right now than Russia, like Pakistan, Sri Lanka. What's happening in Russia is just correction to a new reality, the sanctions. So their economy will fall, stabilise and then grow again.

23% inflation is normal?

https://twitter.com/x/status/1521932061157646336

 

[BMD]

https://twitter.com/x/status/1521932811262992384

https://twitter.com/x/status/1521926993998188556

 

[BMD]

https://twitter.com/x/status/1521824749307019265

 

[BMD]

https://twitter.com/x/status/1521830360564256769

Putin should have quit whilst he was ahead.

https://twitter.com/x/status/1521634042596188161

 

[BMD]

https://twitter.com/x/status/1521898957785518082

 

[Innominate]

https://twitter.com/x/status/1521932061157646336

I've watched way too much Syrian war Tow missile videos... I really was expecting an admiral akbar chant after the hits.

 

[randomradio]

23% inflation is normal?

It's very less considering the shock the economy's faced, with imports going down to almost zero and even local bank transactions almost shutting down.

 

[zinswinsin]

It's very less considering the shock the economy's faced, with imports going down to almost zero and even local bank transactions almost shutting down.

Import shock hasn't actually hit yet since they've been running on stockpile. When that runs out expect another economic shock. Around June time.

 

[Innominate]

If Pooty-poo does declare war and full mobilization on May 9th Russian economy will crash hard.