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Posted
8 minutes ago, redtail hawk said:

Great news.

 

 

Except for the fact it seems to be global.  but Russia is taking it on the nose.

 

 

 

This site allows you to pull the same conversion for our dollar vs every country. 

 

British Pound to US Dollar Exchange Rate Chart | Xe

 

https://www.xe.com/currencycharts/?from=RUB&to=USD&view=10Y

 

https://www.xe.com/currencycharts/?from=EUR&to=USD&view=10Y

 

But Never Saudi. their graph shows their money always being the same as ours.

 

https://www.xe.com/currencycharts/?from=SAR&to=USD&view=10Y

 

 

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Posted
28 minutes ago, Chris farley said:

Great news.

 

 

Except for the fact it seems to be global.  but Russia is taking it on the nose.

 

 

 

This site allows you to pull the same conversion for our dollar vs every country. 

 

British Pound to US Dollar Exchange Rate Chart | Xe

 

https://www.xe.com/currencycharts/?from=RUB&to=USD&view=10Y

 

https://www.xe.com/currencycharts/?from=EUR&to=USD&view=10Y

 

But Never Saudi. their graph shows their money always being the same as ours.

 

https://www.xe.com/currencycharts/?from=SAR&to=USD&view=10Y

 

 

Saudi Arabia "pegs" its currency to the US dollar.   

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Posted (edited)
42 minutes ago, BillsFanNC said:

 

I'm certain those Ukrainian Nazi militia fighters, the MSM will never mention exist, those that wern't KIA to this point, which form the core of the countries most experienced and battle hardened troops love trans people.  

 

Just know, for blind, deaf and dumb war supporters.  In Ukraine, Nazi good. In  America, Nazi bad

 

Edited by All_Pro_Bills
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Posted

^^^^^^^^^^^^^^^

 

The Federal Reserve on Wednesday drove up its benchmark policy rate — its third increase this year and its biggest since 1994. Within hours of the Fed’s move, Brazil, Saudi Arabia and others announced rate changes. Switzerland and Britain followed suit on Thursday morning

Posted

 

The goal from the start was never to "free Ukraine".

 

It was always, always to sacrifice Ukrainian lives and infrastructure in order to bleed Russia.

 

Just because "Putin bad" doesn't make us righteous in this one.

 

 

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Posted
9 minutes ago, B-Man said:

 

The goal from the start was never to "free Ukraine".

 

It was always, always to sacrifice Ukrainian lives and infrastructure in order to bleed Russia.

 

Just because "Putin bad" doesn't make us righteous in this one.

 

 

Putin's boy hard at work here trying his best to convince Americans to appease Putin. 

 

Pure scum 

Posted
12 minutes ago, B-Man said:

 

The goal from the start was never to "free Ukraine".

 

It was always, always to sacrifice Ukrainian lives and infrastructure in order to bleed Russia.

 

Just because "Putin bad" doesn't make us righteous in this one.

 

 

 

They can't let go of their money laundering state.

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Posted
1 hour ago, Tiberius said:

Putin's boy hard at work here trying his best to convince Americans to appease Putin. 

 

Pure scum 

You do realize that your response only serves to further prove his point….right? 

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Posted
5 hours ago, Chris farley said:

^^^^^^^^^^^^^^^

 

The Federal Reserve on Wednesday drove up its benchmark policy rate — its third increase this year and its biggest since 1994. Within hours of the Fed’s move, Brazil, Saudi Arabia and others announced rate changes. Switzerland and Britain followed suit on Thursday morning

Which leaves the U.S. Fed's rate at 5.5%.

Which is 7 full percentage points lower than Russia's new ruble rate. Or 2.5 times higher.

But other than that, I guess they're really in the same league. 

:rolleyes:

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Posted
34 minutes ago, SoCal Deek said:

You do realize that your response only serves to further prove his point….right? 

No, your response proves my point 

  • Eyeroll 1
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Posted
7 minutes ago, The Frankish Reich said:

Which leaves the U.S. Fed's rate at 5.5%.

Which is 7 full percentage points lower than Russia's new ruble rate. Or 2.5 times higher.

But other than that, I guess they're really in the same league. 

:rolleyes:

Thats interesting.   

 

Russia tends to be a bit late to the economic party. they have not adjusted rates up since last year, when it was at 20%. seems like that bank likes to move them in larger incriments. .  it was forecasted at 10% this year. 

 

Russia Interest Rate - 2023 Data - 2003-2022 Historical - 2024 Forecast - Calendar (tradingeconomics.com)

 

China cutting interest rates seems like an outlier.

 

China's PBOC cuts interest rates as lockdowns and real estate crisis slow economy | CNN Business

 

 

 

 

Posted
40 minutes ago, Chris farley said:

Thats interesting.   

 

Russia tends to be a bit late to the economic party. they have not adjusted rates up since last year, when it was at 20%. seems like that bank likes to move them in larger incriments. .  it was forecasted at 10% this year. 

 

Russia Interest Rate - 2023 Data - 2003-2022 Historical - 2024 Forecast - Calendar (tradingeconomics.com)

 

China cutting interest rates seems like an outlier.

 

China's PBOC cuts interest rates as lockdowns and real estate crisis slow economy | CNN Business

 

 

 

 

There's chatter that some big currency announcement is coming out of the BRICS meeting of August 22nd.  Talk of some gold and resource backed currency the trading bloc is going to establish.  This is a story that gets repeated often.  And while the event is something to watch I don't expect any major fireworks or announcements about a radial move to get out of dollars.  Watching the currency markets recently, just the opposite is happening as the dollar has been catching a bid and is stronger.    

  • Agree 1
Posted

Belarus would use nuclear weapons in the event of ‘aggression,’ Lukashenko says

He also warned that if provoked – especially by neighboring NATO countries like Poland, Lithuania and Latvia – Belarus would “immediately respond with everything we have,” including nuclear weapons.

 

https://www.cnn.com/2023/08/18/europe/lukashenko-belarus-nuclear-weapons-russia-crimea-intl-hnk/index.html

 

Sounds like another Kim Jong Un , thanks Russia

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