this post was submitted on 05 Sep 2024
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Ukraine

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To be clear it is not hold in $, but in RMB, gold and rubel. Before the war in held $174billion, so a massive decrease.

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[–] [email protected] 0 points 2 months ago (7 children)

It's good that they can just print more rubels to fill the gap! /S

[–] [email protected] 0 points 2 months ago* (last edited 2 months ago) (3 children)

They can, but they are already dealing with high inflation and extremely high federal interest rates to try to stamp it down. Printing your way out of the problem will likely produce a larger problem.

Putin will probably go for it rather than admit he made a horrid choice two years ago.

[–] [email protected] 0 points 2 months ago

You mean they will go for printer go brr?

Yes, please!

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