this post was submitted on 27 Nov 2024
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Microblog Memes

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[–] Glytch 118 points 6 days ago (4 children)

They'll catch up over the next few months as we see a sharp decline in the value of the US dollar and Trump ending sanctions against them.

[–] jas0n 22 points 6 days ago (1 children)

A couple people are saying things like that in this thread. Obviously not everyone is an economics expert. This really started crashing like 2 weeks ago, and they are very near a point of no return. What I'm saying is, they don't have months. This is kind of already game over.

[–] Glytch 14 points 6 days ago (1 children)

Tbh I don't know shit about shit. I was just making a flippant prediction that's more about America than Russia.

[–] jas0n 8 points 6 days ago

I figured. I was hijacking =]

[–] [email protected] 17 points 6 days ago

Only if they actually get a peace deal. Otherwise Russia still has EU sanctions and a war going on.

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[–] [email protected] 24 points 6 days ago

Fun fact: The ruble is worth only slightly more then shitcoin, I predict that soon it will overtake the ruble

[–] [email protected] 43 points 6 days ago (11 children)

Maybe I should convert some freedom dollars to rubles and wait for the orange man to make them valuable again in the next few months....

[–] [email protected] 25 points 6 days ago (3 children)

Well this is the most wall st bets sort of thing I have seen on lemmy.

Why would you think anything will go up under orange man? The guy who is kinda famous for being an isolationist? The guy using tariffs to wage economic war on the USs closest allies?

I mean with the same sort of logic, buy South African Rands.

[–] SkunkWorkz 15 points 6 days ago* (last edited 6 days ago) (3 children)

If you trade your USD for other currencies and the value of the dollar goes down against those currencies your get more dollars when you sell those other currencies for dollars. Thus this means that the value of the other currencies went up.

You get around 100 Rubles for every US dollar let’s say you buy 1000 Rubles with 10 dollars, if the value of the dollar goes to 50 Rubles (meaning the value of the Rubles went up) then you trade those 1000 Rubles back to dollars you’d get 20 US dollars.

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[–] theangryseal 14 points 6 days ago

Heeeeeey.

This is how folks get rich right here. Crazy ideas like this.

Well, that or they lose everything. Let me know if you do it so I can cheer you on.

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[–] riodoro1 23 points 6 days ago (2 children)

What does it even matter if you can’t exchange it?

[–] [email protected] 18 points 6 days ago (12 children)

All imported goods will be more expensive. So, like, everything.

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[–] [email protected] 29 points 6 days ago

uh oh

some truble

[–] [email protected] 10 points 6 days ago

It happened in 2022 and bounced back to 2 cents in just weeks. Trump comes back in weeks, I can see things looking better for Russia with Trump's presidency. I might be wrong, maybe the whole world is going to shit with Trump.

[–] [email protected] 16 points 6 days ago (1 children)
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[–] [email protected] 16 points 6 days ago (2 children)

That's the official trading rate. The black market rate is 1 ruble for an empty snickers wrapper.

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[–] [email protected] 15 points 6 days ago

Just a little bit lower and it will be cheaper than the toilet paper it's made from, as it should be.

[–] [email protected] 6 points 6 days ago (1 children)

Is that more or less than the Roblox currency this time?

[–] [email protected] 7 points 6 days ago

after a quick search, 1 robux = 0.0125 usd, so just over a cent.

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