Tuesday , November 5 2024
Home / Mike Norman Economics / RT — Putin orders to end trade in US dollars at Russian seaports

RT — Putin orders to end trade in US dollars at Russian seaports

Summary:
Russian President Vladimir Putin has instructed the government to approve legislation making the ruble the main currency of exchange at all Russian seaports by next year, according to the Kremlin website. Russia using its monopoly power as a currency soverign. RTPutin orders to end trade in US dollars at Russian seaports

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Mike Norman writes MMT And Price Level Determination — Brian Romanchuk

Mike Norman writes Ricardo Martin — Monetary Sovereignty

Mike Norman writes Gower Initiative for Modern Monetary Studies — The markets are not in charge, sovereign currency-issuing governments are

Mike Norman writes Gene Frieda — China’s Difficult Balancing Act

Russian President Vladimir Putin has instructed the government to approve legislation making the ruble the main currency of exchange at all Russian seaports by next year, according to the Kremlin website.
Russia using its monopoly power as a currency soverign.

RT
Putin orders to end trade in US dollars at Russian seaports
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *