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Post by blackfeather on Mar 28, 2022 20:20:26 GMT
Okay this is sort of a joke on Tom, but look at this chart... So much for sanctions. If they couldn't sanction energy, (which would hurt the west even more) there was no point in them. Depending on what happens on the 31'st or April first I may have another post.
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Post by DEKE on Mar 28, 2022 22:29:03 GMT
Blackfeather, sometimes people with morals and ethics, real Christians as an example, choose to sanction a person, company, or country regardless of the efficacy of those sanctions. I'm sure my personal boycott of Jane Fonda movies has not hurt her or Hollywood one bit, but I continue nevertheless.
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Post by blackfeather on Apr 1, 2022 19:30:20 GMT
Russia now has set up bank accounts at their central bank, where European nations can deposit their euros and then get rubles in place the euros to buy gas. So Russia's central bank still gets Euros or dollars and gas is still purchased in Rubles. By doing this Russia gets foreign currency to buy things from China and India among others, and still gets the Europeans to prop up the Ruble by forcing them to buy them for gas or oil. Essentially having their cake and eating it too. The Rubel has recovered its losses from the sanctions already, and this was before the requirement to pay in Rubles came into effect.
Russia then set the price of 5000 rubles to a gram of gold which was around 50 dollars when it was first went into effect. it has now advanced to between 58-66 depending on the trading time. A gram of gold is around 61-62 dollars per gram. Any time the ruble gains too much as it did the other day when it hit 75 to the dollar, Suddenly arbitraging gold in dollars and selling in Rubles makes people money, and eventually either forces gold up or the Ruble back down to the preferred area that it should trade at in relationship to gold. Roughly 5000 to the gram of gold.
So the ruble gets support and is held in a designated area of trade , then in June the ratio of Ruble to gold can be re-examined and can be re-pegged up or down as needed.
So the question people are asking is were these sanctions really meant to hurt Russia or were they meant to hurt the US? Is this part of the great reset and the purposeful destruction of the US dollar? Raising oil prices so going green looks more economical? Food shortages to reduce population?
Either our leaders are incredibly stupid, incredibly treasonous, or possibly both.
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Post by tarbe on Apr 1, 2022 21:13:13 GMT
China and Russia both appear to have had a plan in place for squeezing the west.
If this were a game of chess, I'd be hiding my king.
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Post by tarbe on Apr 2, 2022 15:51:30 GMT
Blackfeather, sometimes people with morals and ethics, real Christians as an example, choose to sanction a person, company, or country regardless of the efficacy of those sanctions. I'm sure my personal boycott of Jane Fonda movies has not hurt her or Hollywood one bit, but I continue nevertheless. Deke There is an important distinction. Your boycott of Hanoi Jane does not harm innocent third-parties by the billions. Our fearless leaders throwing global boycotts around like poisoned candy does create a lot of hardship for people all over the world. And none of those people were given a vote on it, one way or the other. Unless you trust the global elites to the extent that you are convinced they ran all the numbers and are sure the net benefit is there? Alas, these are the same people that got us into this mess...so I doubt you really trust them! I sure don't.
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Post by DEKE on Apr 2, 2022 16:10:43 GMT
Blackfeather, sometimes people with morals and ethics, real Christians as an example, choose to sanction a person, company, or country regardless of the efficacy of those sanctions. I'm sure my personal boycott of Jane Fonda movies has not hurt her or Hollywood one bit, but I continue nevertheless. Deke There is an important distinction. Your boycott of Hanoi Jane does not harm innocent third-parties by the billions. Our fearless leaders throwing global boycotts around like poisoned candy does create a lot of hardship for people all over the world. And none of those people were given a vote on it, one way or the other. Unless you trust the global elites to the extent that you are convinced they ran all the numbers and are sure the net benefit is there? Alas, these are the same people that got us into this mess...so I doubt you really trust them! I sure don't.
And what is the alternative to economic sanctions against Russia?
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Post by blackfeather on Apr 2, 2022 20:30:33 GMT
Deke There is an important distinction. Your boycott of Hanoi Jane does not harm innocent third-parties by the billions. Our fearless leaders throwing global boycotts around like poisoned candy does create a lot of hardship for people all over the world. And none of those people were given a vote on it, one way or the other. Unless you trust the global elites to the extent that you are convinced they ran all the numbers and are sure the net benefit is there? Alas, these are the same people that got us into this mess...so I doubt you really trust them! I sure don't.
And what is the alternative to economic sanctions against Russia?
Increase domestic oil production driving the price down. The last time that happened Russia was hurt badly since they depend on oil prices for their prosperity. By sanctioning, oil has increased in price which has only aided Russia. Russia also has plenty of food, sanctions only drive the price of food higher so what Russia does sell they get more for, making up for any potential loss due to sanctions. Most of their wheat is unaffected by sanctions because it goes to others not involved in the sanctions but the price has increased making it harder for Egypt and Indonesia who depend on that wheat and now pay a higher price for it. finally by freezing their Forex accounts, people are now scared that the same may happen to them in the future. As one article put it, if your bank froze your account would you trust them again? Would your friends upon hearing your plight, trust your bank or would they be sure to find another bank that might be safer? When we sanctioned and froze their foreign exchange accounts other nations took notice and now they don't trust Swift or the US so they are looking for another bank to deal with so to speak. That might be the yuan or gold or some other means of exchange. This has killed the petro-dollar. It will take several months for this to settle out but in the end it is bad for us not Russia. And the question was, is this the plan all along? Is this part of the great reset they keep talking about?
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Post by blackfeather on Apr 2, 2022 22:52:26 GMT
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Post by DEKE on Apr 3, 2022 4:25:25 GMT
Increase domestic oil production driving the price down. [/quote} yes, that would be a good idea, but is insufficient in itself. The sanctions place pressure on Putin's people and allies. so the sanctions have strengthened Russia? I'm an idiot for trying to have a rational conversation with you. yeah, you've been whining that one for years now. Just like with every other dominant economy in the history of the world, ours will eventually be replaced by a new number one. You hate the US so much, you should be happy about that. Or is this part of the great false flag conspiracy where everyone is out to get you?
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Post by DEKE on Apr 3, 2022 4:26:13 GMT
Your boycott of Hanoi Jane does not harm innocent third-parties by the billions.
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