Remember When Our Competent Global Leaders Claimed That Imposing Sanctions On Russia Would Crash The Russian Economy And The Ruble? They’re Awfully Quiet Right Now

It's called they're artificially inflating the value of their currency by using what's left of their foreign currency reserves.

It's called: "this exchange rate isn't even real because it's impossible to buy dollars in Russia and actually have them physically. There's also a 12% commission on any purchases of foreign currency.

It's also called: "there's almost no trade volume because nobody wants to buy or sell rubles so this number the central bank pulled out of their ass is fake.

It's also called: "dollars on the black market in Russia right now are being sold for 150-200 rubles.

This is like during the Soviet union when a dollar was worth 60 kopecks, a number that was totally untrue and set by the Soviet government.

/r/walkaway Thread Link - i.redd.it