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RichieAllen.co.uk Forum > On Topic > Russia > The Ruble
RichieAllen.co.uk Forum > On Topic > Russia > The Ruble

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The Ruble
Steve Offline
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#3
03-30-2022, 11:02 AM
Putin sets deadline for dropping the dollar: It begins this Friday


Beginning this Friday, Russia will only accept rubles, gold or bitcoin as payment for energy exports to "unfriendly" countries. No dollars or euros will be accepted. And why should Putin accept dollars or euros anyway, given that the western financial system has told Putin he can no longer use dollars or euros to purchase anything.
As a result, Putin is demanding rubles, gold or bitcoin. And that means the Russian ruble is now backed by commodities exports, making it a currency backed by something real. If you buy rubles, in other words, you can trade those rubles for natural gas or oil.
Rubles have a future; the dollar does not. At least not with current economic policies in place.


https://www.brighteon.com/d1806d17-f98d-...69d38d0c49
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Messages In This Thread
The Ruble - by Steve - 03-25-2022, 08:58 AM
RE: The Ruble - by Steve - 03-29-2022, 08:49 AM
RE: The Ruble - by Steve - 03-30-2022, 11:02 AM
RE: The Ruble - by Steve - 04-02-2022, 04:52 AM
RE: The Ruble - by Steve - 04-02-2022, 08:16 PM

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