And I wonder why the weak rouble is near pre invasion value now while our dollar is losing purchasing power daily?
Originally Posted by Tyrone
Originally Posted by Houston_2
Originally Posted by Bristoe
While this is going on, Russia is only accepting Rubles for its natural gas sales to Western Europe,...which will increase the demand for Rubles and increase its value.
Basically, a big chunk of the world is converting their economy over to a system that will not accept American Dollars as payment.
,....and it's all because the American government has implemented sanctions and policies that has caused a big chunk of the world to lose faith in the U.S. Dollar.
,..and faith in the U.S. Dollar is the only thing that gives it any value.
