Yeah, Rubble is only holding itself now, cause it restricts trading, and the Russian goverment is burning its reserves to hold it from total collapse.
Now it may seem like a good decision from the Russian goverment, but it stopped any possibilities for growth and at best it created stagnant economy, that will collapse the moment reserves will go dry.
But it still does not stop for the majority of Products in Russian stores to increase prices tenfold.
Reminder that the currency only became "stable" again after Russia banned people from selling it, as well as slapping a whopping 17% base interest rate on it.
In other words: I sure as fuck don't wanna have any debts in Russia as a Russian right now…
Or in other OTHER words: the "free market" no longer exists in Russia.
Top Comments
Hirmen
May 22, 2022 at 11:27AM EDT in reply to
Timey16
May 23, 2022 at 01:45AM EDT