Your point? It started at 90. The 100 is a psychological barrier. And it is up to 99.89. So we shall see if it manages to end the day under 100.

What is your basis rate right now? In English, the Interest rates. It’s 12 percent, that is where your central bank put it today. And how much HARD CURRENCY reserves are going into buying rubles to prop it up? As I said, I have lived through this in Mexico. Enjoy the upcoming inflation. Who I feel a tad of empathy for…are pensioners on fixed income. Because I know how that goes as well. People are already buying bread on credit.

You are old enough, you should remember as well. This is going to bring the 1990s back. You are going to be lucky if this stays there, and it does not go into full fledged, Weimar Republic style, hyperinflation, or for a modern example Zimbabwe.

This is a consequence of a colonial war of choice. One your country started, not in 2022, that’s the current phase, 2014.

Putin also tried the guns and butter Johnson also tried during the Vietnam war. With a much more mature economy, orders of magnitude larger than the USSR, it did not work either. So the US did have an inflationary pattern…one that was sort of good for savers…but still.

The dollar, however, did not suffer because it’s an index currency. The ruble is not. And no son, people and nations are not going to jump away from the dollar to the ruble. So simple things like medicines that are paid for in dollars just went up by 12 percent…assuming you can find them. They are not part of sanctions on humanitarian reasons, but are not a priority for the state.