Russian Ruble at a 7 year high….when are the Biden sanctions on Russia going to start affecting Russia negatively?

[tahuyaman]

Biden told us the sanctions he has levied on Russia would crush their economy and stop them from continuing the war against Ukraine.


SO…..UH…..WHIEN DOES THAT HAPPEN?

Russian ruble firms past 52 against U.S. dollar, hits 7-year peak

news.cgtn.com

Russia now only accepts payments for their exported energy in Rubles.

 

[whitehall]

Is anybody in the MSM paying attention to the Biden criminal enterprise investment portfolio? My guess is that Hunter might be heavily invested in Russian rubles and maybe the Pelosi criminal enterprise as well.

 

[Viacheslav]

Some commentators here are very far from Russian reality. The Russian economy is suffering enormously
Just some data:
The production of passenger cars in the Russian Federation in May 2022 practically stood up, having collapsed in annual terms by 30.3 times (by 96.7%) and having more than halved in 5 months (by 56.4%), follows from the data of the Federal Service state statistics of the Russian Federation (Rosstat). The Russian economy has closely integrated into the world economy and these sanctions has huge influence. With the ruble, the situation is more interesting, the official exchange rate is about 57-60 rubles for 1 dollar, but at this rate you can't buy dollars in cash.
In one thing, I agree that these sanctions won't stop the Russian invasion and the war with Ukraine in the short term, in my opinion, Russia has reserves, at least until the end of this year.

 

[ColonelAngus]

Maybe a cultist can explain when the sanction are going to stop the war.

 

[Meathead]

Are you thinking the sanctions should be lifted, and we and the rest of the free world should help pick up the tab for the men, material required to carry on his war making, for his aggression against his neighboring country and possibly Europe? I disagree.

We are picking up the tab. Haven't you heard?

 

[White 6]

We are picking up the tab. Haven't you heard?

The Czech Republic is picking up Russia's tab? Why would you do that? Putin should just take his invading army ass back to his own country, and act like a leader of a civilized country.

 

[g5000]

Biden told us the sanctions he has levied on Russia would crush their economy and stop them from continuing the war against Ukraine.


SO…..UH…..WHIEN DOES THAT HAPPEN?

Russian ruble firms past 52 against U.S. dollar, hits 7-year peak

news.cgtn.com

Russia's inflation rate is 16 percent.

A strong ruble contributes to inflation.

The dollar is also very strong right now, and is contributing to our inflation rate.

 

[Toddsterpatriot]

Russia's inflation rate is 16 percent.

A strong ruble contributes to inflation.

How does a strong currency contribute to inflation?

 

[Meathead]

The Czech Republic is picking up Russia's tab? Why would you do that? Putin should just take his invading army ass back to his own country, and act like a leader of a civilized country.

What makes you think I'm Czech much less a spokesman the country? You are aware that not all Americans live in the US, right?

 

[White 6]

What makes you think I'm Czech much less a spokesman the country? You are aware that not all Americans live in the US, right?

Just going by the line below your avatar.
So, if you are talking about costs supporting NATO readiness or arms to Ukraine, I am in favor of it and have been on NATO support assignment before.

 

[Meathead]

Just going by the line below your avatar.
So, if you are talking about costs supporting NATO readiness or arms to Ukraine, I am in favor of it and have been on NATO support assignment before.

The line indicates location, not citizenship or ethnicity.

 

[Toddsterpatriot]

Russia's inflation rate is 16 percent.

A strong ruble contributes to inflation.

The dollar is also very strong right now, and is contributing to our inflation rate.

How does a strong currency contribute to inflation?