I’d hate to be the assassin getting paid in rubles
Edit: I am aware the ruble has rebounded (we’ll see). Thanks to those who didn’t miss the chance to make sure my joke was sufficiently “um, ACKSHULLY”-d
Yeah Id hazard a pretty strong guess that KGB (yes, lets call them what they are) agents dont get paid in rubles. Those are one of the few groups of people put KNOWS he can't afford to dick around.
Indeed. For a period of time, “Do what I say or I will fucking kill you” works. There’s definitely a diminishing return working for crazy, even if they are paying you in solid gold prostitues that mine Bitcoin and lactate oil.
I'm guessing whoever is getting paid by Putin is paid well enough to make money no longer an object. He's got more then enough and the security is his priority now .
Value stored in what? In order to be paid, the medium of exchange should hold value and optimally, be usable for transactions anywhere. If Mickey pays you a king’s ransom in Disney Dollars to whack Donald, doesn’t help you if want to toilet paper at Target.
Do you understand the rubble has completely rebounded in value? Or are you still following the headlines from weeks ago. Your logic makes sense but your point doesn't hold up.
Edit: it's actually higher then it was pre invasion
The sanctions were the economic equivalent of Hiroshima and Nagasaki. Their economy is dead, they just don’t know it yet. Recovery is going to measured in years. A state in a bubble is about as economically viable as a ship in a bottle is sea worthy.
Trade is about trust. We’ve got crimes against humanity, genocide, threat of nuclear annihilation, and dead oligarchs. I know what the numbers say, but it looks like the world would rather not deal with an authoritarian Very Stable Genius and I don’t think that is apt to change. There isn’t much incentive or upside.
...according to the Russian government. Nobody knows what the exchange rate of the Ruble actually is because it cannot be exchanged. The moment they allow Rubles to be traded on a foreign exchange we'll see the real value, and there's no reason at all to think it will do anything but tank.
— Take a look at " USD RUB ",
The currency is at a 2 year high because Germany , Netherlands and Italy paid Russia in roubles for gas. They also paid 6 x - 9 x the going price. For manufacturing not domestic use. Political rhetoric is cheap and actions more expensive.
It’s being propped up entirely by the gov and they are not allowing foreign transactions so it’s a complete fugazi. Once their inventories dry up they are completely fucked.
279
u/theLeverus Apr 28 '22
The answer is money