JUST IN - Russia’s central bank raises its key interest rate to 12% from 8.5% at an emergency meeting after the ruble crashed - The Great Awakening - Where We Go Qne, We Go All!

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JUST IN - Russia’s central bank raises its key interest rate to 12% from 8.5% at an emergency meeting after the ruble crashed (media.greatawakening.win)

posted 1 year ago by 17JCsCrib26 1 year ago by 17JCsCrib26 +180 / -1

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– JohnQ-Arkenstone 4 points 1 year ago +5 / -1

Not sure how the ruble can crash if its pegged to gold.

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– NoApologyTour 2 points 1 year ago +2 / -0

I don’t think it is pegged to gold yet. There’s talk of them setting up a gold backed currency, but I expect that has a way to go still.

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– JohnQ-Arkenstone 0 points 1 year ago +1 / -1

Maybe you are right. When Putin announced it in late winter, I assumed it was a done deal. Later on we heard about BRICS launching their own version of an international gold backed currency to compete with the dollar.

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