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1 Jul, 2022 17:12
The Russian government has added grain, sunflower oil and extracted meal to the list of exports that must be paid for in rubles
https://www.rt.com/business/558232-russi...ts-rubles/
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Russia has converted Banned Russian gold to Rubles
US corp dola needed will be by way of selling USTs.
current account:
QT vs QE:
(This post was last modified: 02-07-2022, 01:33 PM by
singlon.)
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(This post was last modified: 02-07-2022, 01:50 PM by
singlon.)
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Rubles becoming expensive
(This post was last modified: 02-07-2022, 01:59 PM by
singlon.)
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(02-07-2022, 01:09 PM)Levin Wrote: 1 Jul, 2022 17:12
The Russian government has added grain, sunflower oil and extracted meal to the list of exports that must be paid for in rubles
https://www.rt.com/business/558232-russi...ts-rubles/
Hurrah!
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Getting richer and richer
Buy 5g from Huawei
Buy bullet train from China
Buy BYD electric bus and cars
Buy curry coconut and prata from India
Buy dori catfish from Vietnam
Buy buy buy trade trade trade with friendly countries and decouple from the West and Europe
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USA better think of a way to quickly stop the war and have all trade back to USD. At this rate, very soon the world will be so comfortable trading with all other currencies that USD as the global currency for trade will no longer be applicable.
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