Inflation hits Russia

[Poker Player]

Today the exchange rate is 130 rubles/dollar. BUT ! This course does not reflect reality, because. the dollar is simply not for sale, there was a ban on the sale of currency to residents of Russia. It is possible to evaluate the inflationary process by secondary signs - a change in prices for products and goods. So prices in ordinary grocery chains will grow x2-x4. And note that only about 10 days have passed since the sanctions were applied! Now they are introducing a ban on the purchase of hydrocarbons from Russia, which is 40% of foreign exchange earnings. Sales of the Russian military-industrial complex, after the shameful failure of all offensive operations, and the defeat of "unparalleled" weapons, have also almost stopped. Let's wait 3 months, then it will be fun. And you will see that Russia is Zimbabwe with snow, plus fascism and terrorism!

NATO countries are not spared from high inflation either. War is bad for everyone, and economic problems and inflation go back well before the war. If I'm not well, I don't really take comfort in the fact that my neighbor is worse off. The only good thing is to have more democratic systems than in Russia, and not to be in direct armed conflict, for the time being.

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[istiak2277]

I believed that in the worst case, Russia would intervene in eastern Ukraine and perhaps only expand the occupied territories to create a larger pro-Russian zone - and that this would take several days due to the military strength of the Russian army. Unfortunately, this is no longer a military conflict but an open war aimed at occupying Ukraine, and according to their leader, some other countries will be next in line if they try to join NATO.

The EU depends on Russia, especially for gas - but will have to look for an alternative if it wants to be consistent in the sanctions against it. It is a bit hypocritical that it was announced a few days ago that the amount of gas will even be increased towards the EU, which means that the money is going in the opposite direction - on the one hand, we have sanctions, on the other hand, the EU finances Russian military machinery by buying Russian gas.

Russia already threatened Finland and Sweden about joining NATO. They would face the similar military intervention if they try to join NATO. Actually no one wants to be threatened by their neighbor. Also NATO and their allies shows their true faces after RF attack Ukraine. They denied to sent and boot to Ukraine even a NATO member Poland denied to sent any mig-29 to Ukraine AF directly.

[mindrust]

Today the exchange rate is 130 rubles/dollar. BUT ! This course does not reflect reality, because. the dollar is simply not for sale, there was a ban on the sale of currency to residents of Russia. It is possible to evaluate the inflationary process by secondary signs - a change in prices for products and goods. So prices in ordinary grocery chains will grow x2-x4. And note that only about 10 days have passed since the sanctions were applied! Now they are introducing a ban on the purchase of hydrocarbons from Russia, which is 40% of foreign exchange earnings. Sales of the Russian military-industrial complex, after the shameful failure of all offensive operations, and the defeat of "unparalleled" weapons, have also almost stopped. Let's wait 3 months, then it will be fun. And you will see that Russia is Zimbabwe with snow, plus fascism and terrorism!

NATO countries are not spared from high inflation either. War is bad for everyone, and economic problems and inflation go back well before the war. If I'm not well, I don't really take comfort in the fact that my neighbor is worse off. The only good thing is to have more democratic systems than in Russia, and not to be in direct armed conflict, for the time being.

The experts expect the inflation in the US to be at double digits soon. In my country it is already at 50%. It is getting crazy everywhere. Covid19 was bad and now this war is even worse. I can't imagine anything worse than the current situation... Well, maybe a nuclear war...

I wish I didn't make any posts against the vaccines. If you tards had taken your vaccines, none of these would have happened. Now Klaus is going full hitler on everybody because of your non-compliance. I'll drink 3 biontech bottles on Monday. (dunno if it counts now)

[Tony116]

I believed that in the worst case, Russia would intervene in eastern Ukraine and perhaps only expand the occupied territories to create a larger pro-Russian zone - and that this would take several days due to the military strength of the Russian army. Unfortunately, this is no longer a military conflict but an open war aimed at occupying Ukraine, and according to their leader, some other countries will be next in line if they try to join NATO.

The EU depends on Russia, especially for gas - but will have to look for an alternative if it wants to be consistent in the sanctions against it. It is a bit hypocritical that it was announced a few days ago that the amount of gas will even be increased towards the EU, which means that the money is going in the opposite direction - on the one hand, we have sanctions, on the other hand, the EU finances Russian military machinery by buying Russian gas.

Russia already threatened Finland and Sweden about joining NATO. They would face the similar military intervention if they try to join NATO. Actually no one wants to be threatened by their neighbor. Also NATO and their allies shows their true faces after RF attack Ukraine. They denied to sent and boot to Ukraine even a NATO member Poland denied to sent any mig-29 to Ukraine AF directly.

Russia has stated that any country that supplies fighter jets to Ukraine is an indirect participant in the war and will be an enemy of Russia and Ukraine is not an official member of NATO. Poland or any member of nato does not want to be an enemy of Russia as we all know Russia's military might and Putin is not empty words.

[Fortify]

USDT records new all-time high against Russian ruble as inflation hits

War will always damage the economy of the affected countries, this is the 5th day of the war between Russia and Ukraine, the US, EU and generally the UN have been sanctioning Russia since the start of the Russia - Ukraine war which includes removing Russia from Swift and many other sanctions. Russia's central bank doubled key interest rates on Feb. 28, from 9.5% to 20% and USDT which is pegged to USD which has increased 30% against Russian ruble (RUR) within five days of war. Bitcoin trading volume on crypto exchanges in Ukraine spiked 200%.

This is likely the beginning of the war if it does not cease anytime soon, I am been seeing some people saying the EU needs Russia than Russia needs them, that they depend on crude oil and many mineral resources from Russia, but what is causing the inflation in Russia is because of the Russia - Ukraine war. This could be more severe if the war does not ends soon. With the look of what is going on, Russia has been planing this for years and this has led to some people killed and many left their homes.

We're still in the very early days of seeing the Russian economy collapse. Inflation might be the last of the average citizens as we're seeing trade getting cut off from all of Europe and North America. Russia is set to default on its debt soon, which has always been followed by a devastating recession and it will take a long time to recover since they've effectively isolated themselves from most of the richest countries in the world by starting this war. Very little progress is going to be made in Russia while Putin stays in power, mainly because few countries can count on his word as truthful and many are no longer scared of his bullying tactics. He has shown that he is running not just a terrible economy, but also that he was far from the brilliant military tactician that many perceived he might be.

[gantez]

Russia has stated that any country that supplies fighter jets to Ukraine is an indirect participant in the war and will be an enemy of Russia and Ukraine is not an official member of NATO. Poland or any member of nato does not want to be an enemy of Russia as we all know Russia's military might and Putin is not empty words.

Does this mean that Ukraine as a country don't have fighter jets or the already run out of the one they have ? This is not proper if they lack fighter jets to defend there territory first before requesting for more. And the US is getting a little careful not to direct go into Russia trap with the warning of Putin to NATO countries not to be involved in the armed conflict I think Ukraine need a solution of attacking the Russian jet fighters.

[tyz]

Slowly the impact of war will be felt and what usually happens is inflation, when there is a war of course a lot of production of goods stops, supply is not maximized so that inflation can have a serious impact in the long term, but the presence of cryptocurrencies can certainly be a helper for Russia so that it does not get hit by inflation. can wreak havoc on the national economy.

That's right but also the money printing is usually increased in war times which speed up the inflation as well. In the West, the only problem is that a lot of money was printed before that, which makes things even more difficult. Therefore, it is to be expected for the time being that the central banks, as announced, will reduce the purchase programs in order to have more room for maneuver in the event of a prolonged war.

[LUCKMCFLY]

Well the truth is that this is a very complicated scenario, especially for Russia and its economy that is increasingly suffocated, I have a friend in Russia who is not Russian, he tells me that he had never seen so much fear in the Russians, that the queues in the banks are endless and that everyone is changing like crazy the rubles for the dollar, Eur, that each dollar is very, very expensive, that it is a scenario that was never imagined, that a lot of scarcity is beginning and that fear takes hold of people, that you can't even protest because they are imprisoned, so I think that if this economy doesn't give a break, it would quickly need the intervention of an allied country like China to solve certain economic emergencies.

[DrBeer]

I believed that in the worst case, Russia would intervene in eastern Ukraine and perhaps only expand the occupied territories to create a larger pro-Russian zone - and that this would take several days due to the military strength of the Russian army. Unfortunately, this is no longer a military conflict but an open war aimed at occupying Ukraine, and according to their leader, some other countries will be next in line if they try to join NATO.

The EU depends on Russia, especially for gas - but will have to look for an alternative if it wants to be consistent in the sanctions against it. It is a bit hypocritical that it was announced a few days ago that the amount of gas will even be increased towards the EU, which means that the money is going in the opposite direction - on the one hand, we have sanctions, on the other hand, the EU finances Russian military machinery by buying Russian gas.

Russia already threatened Finland and Sweden about joining NATO. They would face the similar military intervention if they try to join NATO. Actually no one wants to be threatened by their neighbor. Also NATO and their allies shows their true faces after RF attack Ukraine. They denied to sent and boot to Ukraine even a NATO member Poland denied to sent any mig-29 to Ukraine AF directly.

Russia has stated that any country that supplies fighter jets to Ukraine is an indirect participant in the war and will be an enemy of Russia and Ukraine is not an official member of NATO. Poland or any member of nato does not want to be an enemy of Russia as we all know Russia's military might and Putin is not empty words.

Russian military power?? Are you seriously ? Ukraine has been holding and repelling them with high quality for 2+ weeks. At the same time, 95% of combat-ready units and divisions of the Russian Federation are now in Ukraine. All offensive operations of the Russian "invincible army" bogged down. Now there are a couple of captured cities and that's it! Instead of fighting, the Russian army engaged in terrorism - the destruction of residential areas, the pressure on the civilian population, the destruction of civilian infrastructure. To conduct military operations against the armed forces of Ukraine - the Russians are afraid as hell of the Bible! What the "most powerful NATO bloc" is afraid of is a possible tactical nuclear strike on the same Poland. Like - let's not provoke. The West does not understand one thing - if Ukraine loses, you are guaranteed to receive, and more than one tactical nuclear strike! Rossya with Putin is Hitler, with brain cancer, and nuclear weapons! He openly declares that Ukraine is the beginning, then we will take Latvia, Lithuania, Estonia for ourselves. Then there will be Poland.. And Russia will continue to terrorize the West, seeing their cowardly reaction now!

[Flexystar]

I believed that in the worst case, Russia would intervene in eastern Ukraine and perhaps only expand the occupied territories to create a larger pro-Russian zone - and that this would take several days due to the military strength of the Russian army. Unfortunately, this is no longer a military conflict but an open war aimed at occupying Ukraine, and according to their leader, some other countries will be next in line if they try to join NATO.

The EU depends on Russia, especially for gas - but will have to look for an alternative if it wants to be consistent in the sanctions against it. It is a bit hypocritical that it was announced a few days ago that the amount of gas will even be increased towards the EU, which means that the money is going in the opposite direction - on the one hand, we have sanctions, on the other hand, the EU finances Russian military machinery by buying Russian gas.

Yeah, the second part is funny. I did not know they float news like that already? May be EU is playing games here by safeguarding as much fuel as they could before war hits their doors or May be worldwide ? Though it seems terrifying idea as to shake hands with the rival country when they are attacking borderlines.

The situation is seriously critical now. It may happen after few days we start to hearing all the currencies are inflated and there world wide economic crisis at its peak. Then no currency would be useful as we won’t be able to buy basic things with it. So Yup, Russia gonna pay for it now.

[tbterryboy]

Russia already threatened Finland and Sweden about joining NATO. They would face the similar military intervention if they try to join NATO. Actually no one wants to be threatened by their neighbor. Also NATO and their allies shows their true faces after RF attack Ukraine. They denied to sent and boot to Ukraine even a NATO member Poland denied to sent any mig-29 to Ukraine AF directly.

Think about it, just really really deeply think about it. There is a nation who wants to join NATO, its a nation, like totally separate from anyone else, it is independent, not like some island that is tied to UK or something, fully 100% independent nation. Then another nation comes along and says that they can't. Do you see the logic behind that? Like how can another nation attack a nation because that nation decided to do something independently.

Ukraine was literally that. Ukraine said they wanted to be in NATO, and in EU as well, and Russia said "that would be bad for us, we are not allowing it" and then attacked. So basically what Putin said is "As Russia we are not allowing Ukraine to make independent decisions". That is super scary to me.

[MCVXYZ]

Russia already threatened Finland and Sweden about joining NATO. They would face the similar military intervention if they try to join NATO. Actually no one wants to be threatened by their neighbor. Also NATO and their allies shows their true faces after RF attack Ukraine. They denied to sent and boot to Ukraine even a NATO member Poland denied to sent any mig-29 to Ukraine AF directly.

Think about it, just really really deeply think about it. There is a nation who wants to join NATO, its a nation, like totally separate from anyone else, it is independent, not like some island that is tied to UK or something, fully 100% independent nation. Then another nation comes along and says that they can't. Do you see the logic behind that? Like how can another nation attack a nation because that nation decided to do something independently.

Ukraine was literally that. Ukraine said they wanted to be in NATO, and in EU as well, and Russia said "that would be bad for us, we are not allowing it" and then attacked. So basically what Putin said is "As Russia we are not allowing Ukraine to make independent decisions". That is super scary to me.

Even If Ukraine didn't say that they want to join NATO, Putin would start war in this situation, because I think his intention is not to defense his country but  to be a second Stalin or someone historical figure who will recreate and write a new history and order in this world.