deisik
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September 16, 2014, 07:46:03 AM Last edit: September 16, 2014, 08:29:29 AM by deisik |
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Russia reserves $400 billion
You mean oil? US has 30.5 billion barrels of oil in reserve. A barrel of oil is about $96 right now. You do the math. BTW, Russia controls its own Central Bank & you can see it can but it doesn't have to print money like what the American Fed does because its coffers is still full
Actually, they don't print money like what the America Fed does, because russian ruble is already down 30% this year! They have enough inflation without printing any more money. Get you facts straight, man! I understand that you aren't on short terms with either logic or mathematics (as many Ukrainians aren't), but you could at lest look at the statistics. The US dollar is now only a few percent higher than it was in 2009. Also note that today the Central bank doesn't intervene in the foreign exchange market...
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Balthazar
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September 16, 2014, 07:58:48 AM |
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How is international business conducted without the dollar?
There is a project of energy backed currency, which will be common for EEU states. I'd say that it's much better than worthless toilet paper with unlimited supply. Another option is using the national currencies (some recent RF - China and China - Argentine deals) or goods (recent RF - Iran deals).
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niothor
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September 16, 2014, 08:36:38 AM |
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Russia reserves $400 billion
You mean oil? US has 30.5 billion barrels of oil in reserve. A barrel of oil is about $96 right now. You do the math. BTW, Russia controls its own Central Bank & you can see it can but it doesn't have to print money like what the American Fed does because its coffers is still full
Actually, they don't print money like what the America Fed does, because russian ruble is already down 30% this year! They have enough inflation without printing any more money. Get you facts straight, man! I understand that you aren't on short terms with either logic or mathematics (as many Ukrainians aren't), but you could at lest look at the statistics. The US dollar is now only a few percent higher than it was in 2009. Also note that today the Central bank doesn't intervene in the foreign exchange market... He said THIS year. This year the ruble highest was at 32. It's down to 38.88. If we count the 52 week period we see that it's down from 31.5164 to 38.8865. http://mfd.ru/currency/?currency=USD¤cyCompare=&from=01.01.2014&till=Much health , amazing barney . And to all the pro rubble supporters .. It's falling also against the yen the euro and the yuan I bet chinese will be happy to change their green toilet paper with vodka stained toilet paper .
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RoadTrain
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September 16, 2014, 08:42:06 AM |
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Russia reserves $400 billion
You mean oil? US has 30.5 billion barrels of oil in reserve. A barrel of oil is about $96 right now. You do the math. BTW, Russia controls its own Central Bank & you can see it can but it doesn't have to print money like what the American Fed does because its coffers is still full
Actually, they don't print money like what the America Fed does, because russian ruble is already down 30% this year! They have enough inflation without printing any more money. Get you facts straight, man! I understand that you aren't on short terms with either logic or mathematics (as many Ukrainians aren't), but you could at lest look at the statistics. The US dollar is now only a few percent higher than it was in 2009. Also note that today the Central bank doesn't intervene in the foreign exchange market... He said THIS year. This year the ruble highest was at 32. It's down to 38.88. If we count the 52 week period we see that it's down from 31.5164 to 38.8865. http://mfd.ru/currency/?currency=USD¤cyCompare=&from=01.01.2014&till=Much health , amazing barney . And to all the pro rubble supporters .. It's falling also against the yen the euro and the yuan I bet chinese will be happy to change their green toilet paper with vodka stained toilet paper . This year means since the start of the current year, when ruble was 32.65. It's now at 38.9, ~ 20 percent fall. Also notice that yen is at 6-year low, euro has recently reached a lowest in more than a year. Many currencies are falling, implying the general dollar's strength.
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deisik
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September 16, 2014, 08:44:52 AM |
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Russia reserves $400 billion
You mean oil? US has 30.5 billion barrels of oil in reserve. A barrel of oil is about $96 right now. You do the math. BTW, Russia controls its own Central Bank & you can see it can but it doesn't have to print money like what the American Fed does because its coffers is still full
Actually, they don't print money like what the America Fed does, because russian ruble is already down 30% this year! They have enough inflation without printing any more money. Get you facts straight, man! I understand that you aren't on short terms with either logic or mathematics (as many Ukrainians aren't), but you could at lest look at the statistics. The US dollar is now only a few percent higher than it was in 2009. Also note that today the Central bank doesn't intervene in the foreign exchange market... He said THIS year. This year the ruble highest was at 32. It's down to 38.88. If we count the 52 week period we see that it's down from 31.5164 to 38.8865. http://mfd.ru/currency/?currency=USD¤cyCompare=&from=01.01.2014&till=Okay, let's calculate again. Exactly 52 weeks ago the US dollar cost 32.7406 roubles (as of 14.09.2013, Friday). Right now it costs 38.733, which gives (38.733 - 32.7406) / 32.7406 * 100 = 18.30%. Any more questions? Also notice that yen is at 6-year low, euro has recently reached a lowest in more than a year. Many currencies are falling, implying the general dollar's strength.
Пepeд cмepтью нe нaдышишьcя...
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niothor
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September 16, 2014, 08:51:31 AM |
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Russia reserves $400 billion
You mean oil? US has 30.5 billion barrels of oil in reserve. A barrel of oil is about $96 right now. You do the math. BTW, Russia controls its own Central Bank & you can see it can but it doesn't have to print money like what the American Fed does because its coffers is still full
Actually, they don't print money like what the America Fed does, because russian ruble is already down 30% this year! They have enough inflation without printing any more money. Get you facts straight, man! I understand that you aren't on short terms with either logic or mathematics (as many Ukrainians aren't), but you could at lest look at the statistics. The US dollar is now only a few percent higher than it was in 2009. Also note that today the Central bank doesn't intervene in the foreign exchange market... He said THIS year. This year the ruble highest was at 32. It's down to 38.88. If we count the 52 week period we see that it's down from 31.5164 to 38.8865. http://mfd.ru/currency/?currency=USD¤cyCompare=&from=01.01.2014&till=Okay, let's calculate again. Exactly 52 weeks ago the US dollar cost 32.7406 roubles (as of 14.09.2013, Friday). Right now it costs 38.733, which gives (38.733 - 32.7406) / 32.7406 * 100 = 18.30%. Any more questions? Yup. It's a 18% drop considered "only a few percent higher". As you said before?
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deisik
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September 16, 2014, 08:56:14 AM |
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Russia reserves $400 billion
You mean oil? US has 30.5 billion barrels of oil in reserve. A barrel of oil is about $96 right now. You do the math. BTW, Russia controls its own Central Bank & you can see it can but it doesn't have to print money like what the American Fed does because its coffers is still full
Actually, they don't print money like what the America Fed does, because russian ruble is already down 30% this year! They have enough inflation without printing any more money. Get you facts straight, man! I understand that you aren't on short terms with either logic or mathematics (as many Ukrainians aren't), but you could at lest look at the statistics. The US dollar is now only a few percent higher than it was in 2009. Also note that today the Central bank doesn't intervene in the foreign exchange market... He said THIS year. This year the ruble highest was at 32. It's down to 38.88. If we count the 52 week period we see that it's down from 31.5164 to 38.8865. http://mfd.ru/currency/?currency=USD¤cyCompare=&from=01.01.2014&till=Okay, let's calculate again. Exactly 52 weeks ago the US dollar cost 32.7406 roubles (as of 14.09.2013, Friday). Right now it costs 38.733, which gives (38.733 - 32.7406) / 32.7406 * 100 = 18.30%. Any more questions? Yup. It's a 18% drop considered "only a few percent higher". As you said before? Only a few percent higher from its previous high which was as back as in 2009, how did you read? If you take into account that inflation in Russia is (said to be) higher than in the USA, we likely haven't yet reached ATH in the inflation corrected rates (though we should be near). My point is that you can't just take arbitrary figures which suit your aims best...
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niothor
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September 16, 2014, 09:00:11 AM |
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Russia reserves $400 billion
You mean oil? US has 30.5 billion barrels of oil in reserve. A barrel of oil is about $96 right now. You do the math. BTW, Russia controls its own Central Bank & you can see it can but it doesn't have to print money like what the American Fed does because its coffers is still full
Actually, they don't print money like what the America Fed does, because russian ruble is already down 30% this year! They have enough inflation without printing any more money. Get you facts straight, man! I understand that you aren't on short terms with either logic or mathematics (as many Ukrainians aren't), but you could at lest look at the statistics. The US dollar is now only a few percent higher than it was in 2009. Also note that today the Central bank doesn't intervene in the foreign exchange market... He said THIS year. This year the ruble highest was at 32. It's down to 38.88. If we count the 52 week period we see that it's down from 31.5164 to 38.8865. http://mfd.ru/currency/?currency=USD¤cyCompare=&from=01.01.2014&till=Okay, let's calculate again. Exactly 52 weeks ago the US dollar cost 32.7406 roubles (as of 14.09.2013, Friday). Right now it costs 38.733, which gives (38.733 - 32.7406) / 32.7406 * 100 = 18.30%. Any more questions? Yup. It's a 18% drop considered "only a few percent higher". As you said before? Only a few percent higher from its previous high which was in 2009, how did you read? If you take into account that inflation in Russia is (said to be) higher than in the USA, we likely haven't yet reached ATH (though we should be near)... I read the same way as you did. When he said this year you talked about 2009. So I'm doing the same right now. You talk about 2009 I talk about 2014 . But why is barney dropping? Shouldn't the sanctions against the eu food have sent the euro to hell? Inflation? In the richest country in the world? According to mymyohmy the russian economy should be stronger that the entire galaxy put together .
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deisik
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September 16, 2014, 09:03:38 AM |
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Russia reserves $400 billion
You mean oil? US has 30.5 billion barrels of oil in reserve. A barrel of oil is about $96 right now. You do the math. BTW, Russia controls its own Central Bank & you can see it can but it doesn't have to print money like what the American Fed does because its coffers is still full
Actually, they don't print money like what the America Fed does, because russian ruble is already down 30% this year! They have enough inflation without printing any more money. Get you facts straight, man! I understand that you aren't on short terms with either logic or mathematics (as many Ukrainians aren't), but you could at lest look at the statistics. The US dollar is now only a few percent higher than it was in 2009. Also note that today the Central bank doesn't intervene in the foreign exchange market... He said THIS year. This year the ruble highest was at 32. It's down to 38.88. If we count the 52 week period we see that it's down from 31.5164 to 38.8865. http://mfd.ru/currency/?currency=USD¤cyCompare=&from=01.01.2014&till=Okay, let's calculate again. Exactly 52 weeks ago the US dollar cost 32.7406 roubles (as of 14.09.2013, Friday). Right now it costs 38.733, which gives (38.733 - 32.7406) / 32.7406 * 100 = 18.30%. Any more questions? Yup. It's a 18% drop considered "only a few percent higher". As you said before? Only a few percent higher from its previous high which was in 2009, how did you read? If you take into account that inflation in Russia is (said to be) higher than in the USA, we likely haven't yet reached ATH (though we should be near)... I read the same way as you did. When he said this year you talked about 2009. So I'm doing the same right now. You talk about 2009 I talk about 2014 . I see that you go nitpicking? Well then, but how can you talk about this year and mean 52 week rate?
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niothor
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September 16, 2014, 09:07:54 AM |
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I see that you go nitpicking? Well then, but how can you talk about this year and mean 52 week rate?
Because most of the statistics are done for the period of the last 52 weeks. Few care about the 1st of January to current date period and more use 52weeks as "this year".
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deisik
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September 16, 2014, 09:12:57 AM |
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I see that you go nitpicking? Well then, but how can you talk about this year and mean 52 week rate?
Because most of the statistics are done for the period of the last 52 weeks. Few care about the 1st of January to current date period and more use 52weeks as "this year". Lol, if so, why do you yourself give a start date in your link to the rate statistics as of January 1, 2014 and then pretend it to be a 52 week period? Also, what barney are you talking about? Perhaps, you meant barley? No, I don't eat barley (so I don't care what its price is)...
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RoadTrain
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September 16, 2014, 09:17:06 AM |
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I see that you go nitpicking? Well then, but how can you talk about this year and mean 52 week rate?
Because most of the statistics are done for the period of the last 52 weeks. Few care about the 1st of January to current date period and more use 52weeks as "this year". Nope, read some financial news, e.g. Bloomberg.com This year means "since the start of this year": "Ruble has lost 20% this year". 52w is usually something like "in the past year": "Ruble has lost 20% in the past year".
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niothor
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September 16, 2014, 09:18:23 AM |
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I see that you go nitpicking? Well then, but how can you talk about this year and mean 52 week rate?
Because most of the statistics are done for the period of the last 52 weeks. Few care about the 1st of January to current date period and more use 52weeks as "this year". Lol, if so, why then do you give a start date in your link to the rate statistics as of January 1, 2014? Also, what barney are you talking about? Perhaps, you meant barley? No, I don't eat barley (so I don't care what its price is)... Barney Rubble . I think it's fitting for the Russian currency.
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niothor
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September 16, 2014, 09:22:13 AM |
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I see that you go nitpicking? Well then, but how can you talk about this year and mean 52 week rate?
Because most of the statistics are done for the period of the last 52 weeks. Few care about the 1st of January to current date period and more use 52weeks as "this year". Nope, read some financial news, e.g. Bloomberg.com This year means "since the start of this year": "Ruble has lost 20% this year". 52w is usually something like "in the last/past year": "Ruble has lost 20% in the last year". I already said how much the rubble has lost from both the 1st of January and in the 52w period. It's comes in both cases close to 20%. But if you claim it's only the dollar that is growing... http://www.xe.com/currencycharts/?from=EUR&to=RUB&view=1Whttp://www.xe.com/currencycharts/?from=JPY&to=RUB&view=1WSomething is fishy:)
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deisik
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September 16, 2014, 09:25:38 AM |
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I see that you go nitpicking? Well then, but how can you talk about this year and mean 52 week rate?
Because most of the statistics are done for the period of the last 52 weeks. Few care about the 1st of January to current date period and more use 52weeks as "this year". Nope, read some financial news, e.g. Bloomberg.com This year means "since the start of this year": "Ruble has lost 20% this year". 52w is usually something like "in the last/past year": "Ruble has lost 20% in the last year". I already said how much the rubble has lost from both the 1st of January and in the 52w period. It's comes in both cases close to 20%. But if you claim it's only the dollar that is growing... http://www.xe.com/currencycharts/?from=EUR&to=RUB&view=1Whttp://www.xe.com/currencycharts/?from=JPY&to=RUB&view=1WSomething is fishy:)Let's now talk about a 5 year period. Do you agree with my figures?
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niothor
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September 16, 2014, 09:43:54 AM |
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Let's now talk about a 5 year period. Do you agree with my figures?
Why? The discussion started with this year. The fall is because of the sanctions and the weakening economy. We could start talking about 20 years in the past or 1000 but that wouldn't be about the current situation. The the picture now is that barney is falling from its dino like a stone.
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myshownow
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September 16, 2014, 10:03:49 AM |
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That Ruble-Dollar rate is not an issue, Russia is finished making contracts in dollar so it's not affected much by the Ruble-Dollar exchange rate. THat is the only part of Russia's economy that could be manipulated by the former hegemon but it doesn't affect the income of Russia because it is already getting out of the dollar system. If you noticed, the Ukrainian economy is imploding but the Hyrvnia-dolar rate is artificialy manipulated by the same Western banksters but it doesn't mean the Ukrainian economy is not collapsing because it is imploding (or Pososhenko would not have been forced to surrender). Meaning, the Dollar exchange rate is the last propaganda tool of the bankrupt Western financiers BUT IT DOESN'T REFLECT WHAT'S HAPPENING IN THE REAL ECONOMY. The Ruble-Dollar rate has been fluctuating since the start of the sanctions but look what happened- Russia grew by 0.8% while those sanctioning it are on the cusp of triple-dip recession, with Germany, the strongest EU ecoinomy, contractingh by 0.2%.
The Dollar exchange rate is the last propaganda tool of a collapsing dollar system because most of the world are getting out. I repost my earlier post:
Well, we call it a de-dollarized world... that's the world feared by the US because a world not using the dollar means all the dollars it printed to pretend rich have nowhere else to go but return to the US... What will it do with the tidal wave of unwanted dollars when it is already drowning with $220 trilion of debts?
Just watch... the World Without Dollars SHOW is just starting...
Starring Russia & China as leading men, the BRICS, Iran, etc. as second leads, and the villains are the "banksters and their puppets" that have occupied the US for the past century...
Highlights: Watch the villains panic as their dollars are refused by the world and their Ponzi crumbles. Will they go to war to save themselves from embarrassment? Or they will just point nail guns to their heads?
In some secret documents, only 33% of the world are just using the dollars in their transactions... Of course, officially it's higher in propaganda press, but we should learn to be cavalier with official data in these times of imploding economies (after all, the official debt of the US is $17 trillion but , voila- a Princeton U study revealed it turned out to be $220 trillion.. and what do you know, they suppressed the publication of that document... (but still leaked, of course).
Here's an assignment to the troll/agents: make a research on what the US will do when the petrodollar is refused by the world. After all, Russia just announced that its present and future contracts are not in dollar and it is the biggest energy power in the world. The Chinese are actively promoting de-dollarization and mind you, they are the biggest trading nation in the world. Yuan is aggressively courted by even Western financial centers like Frankfurt, LOndon, etc. (BTW, the capital of the Anglo-Zionist empire, the UK just announced the issuance of yuan-denominated bond so even within the empire, there is already a crack, some have realized the sign of the times. Research on the meaning of that). Then research on various swaps without the dollar that is going on around the world. Research on the meaning of the BRICS bank. Many more. The show just began but it is now getting anticlimactic.
But it's clear, many countries have decided they can make do without the dollar... and the bandwagon is speeding..
That's why the villains are in a panic... that's why you hear talks on WW3... The last two times they were in a panic, there were WW1 & WW2... but fortunately, there are nuclear weapons now so they might get killed too from the radiation fall-out & can't restart their Ponzi ever!
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deisik
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September 16, 2014, 10:19:38 AM |
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Let's now talk about a 5 year period. Do you agree with my figures?
Why? The discussion started with this year. The fall is because of the sanctions and the weakening economy. We could start talking about 20 years in the past or 1000 but that wouldn't be about the current situation. The the picture now is that barney is falling from its dino like a stone. So, when people compare today economic situation with that of 2008, they are making an error, right? The fall is because of the sanctions, but it was a trigger to currency speculation, not because of the weakening economy. As to you, sanctions were enacted two weeks ago, and they have already weakened the Russian economy?
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Paya
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September 16, 2014, 10:29:11 AM |
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Ukrainian criminals resume artillery attacks on civilian population in Donetsk (warning-graphic). Do they really expect that it's going to be possible to live together after all these massacres? https://www.youtube.com/watch?v=jmkAR5OWSJc
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