by Summary:
After listening to their wormtongue advisors back in March, the West imposed financial sanctions on Russia. They promised that the “Rouble would turn to rubble”. However for anybody with an ounce of understanding of how floating rate sovereign currencies work, it was always going to have the opposite effect. I said this back in February….Nails it, as usual.New WaylandThe Madness of ClownsNeilWhttps://new-wayland.com/blog/madness-of-clowns/
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After listening to their wormtongue advisors back in March, the West imposed financial sanctions on Russia. They promised that the “Rouble would turn to rubble”. However for anybody with an ounce of understanding of how floating rate sovereign currencies work, it was always going to have the opposite effect. I said this back in February….Nails it, as usual.New WaylandThe Madness of ClownsNeilWhttps://new-wayland.com/blog/madness-of-clowns/
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Mike Norman considers the following as important:
This could be interesting, too:
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After listening to their wormtongue advisors back in March, the West imposed financial sanctions on Russia. They promised that the “Rouble would turn to rubble”. However for anybody with an ounce of understanding of how floating rate sovereign currencies work, it was always going to have the opposite effect. I said this back in February….
Nails it, as usual.
The Madness of Clowns
NeilW
https://new-wayland.com/blog/madness-of-clowns/