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Biden Dollar vs sanctioned Putin Rouble (media.greatawakening.win)

posted 2 years ago by penisse 2 years ago by penisse +334 / -0

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– ActTwo 12 points 2 years ago +15 / -3

Putin has done a wonderful job defending the currency. I’m in it for the long run and have invested in both Sberbank and Gazprom after the crash.

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– mundania 1 point 2 years ago +1 / -0

Putin has done a wonderful job defending the currency. I’m in it for the long run and have invested in both Sberbank and Gazprom after the crash.

Buying the stocks has a lot of potential upside, but I do not understand how offering to buy gold at 5000 rubles per gram (or any other price) is "defending the currency". You defend a currency by buying it, not selling it.

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– AlfredoSauce 1 point 2 years ago +1 / -0

I think that ratio is the peg to gold like the way the Yuan is pegged to the US dollar

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