Quote from: NikoB on November 15, 2023, 22:51:20Oh no, it's still $150,000, well, for now, until the ruble has depreciated another 10 times, which is what it's heading towards after the "pseudo-elections" in March.
In 1992, the ruble depreciated almost 100 times in a year. I think the Russian authorities are close to repeating 1992. And in total, since the end of the USSR in 1991, taking into account the denomination by 1000 times in 1998, the ruble by this time had already depreciated by more than 150,000 times in relation to the dollar, which itself is depreciating more and more quickly.
Do you think the dollar will be able to depreciate 1000 times before 2030?
When the ruble was falling during the sanctions, Russia decoupled the Ruble from the global economy. Try going anywhere in Russia to exchange even 2X the market rate of rubles for USD or Euros, they won't sell cause it isn't worth the rate