That one is highly ironic, by the way, because in the heyday of dismembering the USSR one of the biggest problems was the so-called "rupee overhang". as the USSR was sitting on a mountain of rupees and did not have the slightest idea of what to do with them all. Then they invented some "scheme", as usual, to channel that mountain into their own pockets, like the rest of the Soviet budget,, and the rupees magically disappeared, like pretty much everythng else of potential value.
After all, if you got that mountain for free anyway, does it make a difference to you if you make Indian manufacturers sell stuff to you in rupees but for 2-3-5 times the normal price and if you can then sell those products for the hated dollars and euros?
The Soviet ruble was also fully convertible - at the black market rate. Nobody was talking about "dedollarization" though at that time, for everyone wanted to "dollarize" as fast as possible - rsulting in all those Nabiullinas today.
thanks for sharing. I stumbled across this article/video the other day, maybe you'll find it interesting :)
"All the reforms of the last 30 years enriched the near-government pro-Western elite, ruining Russia and ordinary citizens. In 2022, the state transferred $350 billion abroad, and businesses $260 billion. Today Russia has turned out to be the periphery of both the West and the East."
No no Edwards take is all wrong like usual. Supplying Europe and especially Ukraine with all the oil it needs requires a truly multipolar effort which only BRICS can provide. The unipolar satanist energy needs cant be met via pumping the gas to the Ukainian nazi reich directly which Russia is currently doing via 5D judo. After the US bombed Nord Stream they thought Russia wouldn't be able to supply the degenerate West with enough discounted oil to keep the lights on for drag queen story hour but like always Nabiullina and Putin were 5 steps ahead. Enter the plan of sending the oil at an even bigger discount to India in exchange for a mountain of Rupees.
Russia has proven yet again that no matter how many Russians you blow up in Donbass, no matter how many drone attacks you launch on Russia proper they will find a way to get you all the gas you need to launch a successful offensive against Russias newest regions!!! Only BRICS can deliver like this! They will get you your merchandise even if it kills them!!
Never in the history of the world has there been such an end user focused approach to business. Who else will literally find a way around your own sanctions to bring you the energy you need and all at net less for themselves? Anyway the project hasnt actually been cancelled, its just that Sberbank hasn't figured out how to convert rupees into digital rubbles yet. Russians have no need for gold or currencies that can be used in international trade. What normal Russians are demanding is digital currencies with expiration dates and a limited selection of products they can be exchanged for. But once the rupees can be accordingly converted the program will back with even more multipolar vigor!
The Kremlin is being attacked by Ukronazi toy-drones, please take the SMO seriously. Indian toy-money from selling the USEUNATO Russian fuel is very important for Saint President Putin to fight the evil Ukronazis who aren't total puppets of the USEUNATO war machine. This is a Holy Civilizational war and profiteering has nothing to do with it.
Also, another master stroke of multipolarity:
4 May, 03:14
Gas supply by Gazprom for Europe through Ukraine totals 40.8 mcm via Sudzha
The heating season in Europe ended on April 6. European UGS facilities are currently 60.36% full
All jokes aside, it seems like point 4 describes a strange issue in today's world:
"[foreign] manufacturers want to be paid in dollars."
Both private and state-owned companies in many countries are paid in US dollar before exchanging these dollars for their own currency, or some even expect to be paid in USD and then they simply keep that money on a USD bank account.
This may be a dumb question... Isn't it bad for the sovereignty of a country when it relies on a foreign currency instead of its own?
Wash, rinse, repeat. One scam done, another begun, somewhere. And there are numerous eager spectators and commentators in the West who will be eager to buy it as well, anything to satisfy their hope cravings. Thanks once again, Riley, for the reality checks.
Good riddance, but as Edward, along with me (there seem to be only the two of us) noted several times, everyone is on the same boat, sailing towards Agenda 2030.
Another excellent, ingenious, 8D interdimensional chess move from BRICS much like the auspicious gold-pegged ruble I see! The satanic Nazi WEFsterners are quaking in their boots alright!
While Most Are Distracted, the IMF Just Rolled Out a One-World Currency
A new global currency just launched, but 99 percent of the global population has no idea what just happened. The “Universal Monetary Unit”, also known as “Unicoin”, is an “international central bank digital currency” that has been designed to work in conjunction with all existing national currencies.
This should set off alarm bells for all of us, because the widespread adoption of a new “global currency” would be a giant step forward for the globalist agenda. The IMF did not create this new currency, but it was unveiled at a major IMF gathering earlier this week…
"Trade between countries is accompanied by difficulties with settlements - foreign banks often block payments, and the transition to rupees and rubles is limited due to the peculiarities of currency regulation and a strong imbalance in mutual supplies."
Enter CBDCs with cross-border interoperability. Coincidentally, of course.
How is a globohomo central bank with granular per-transaction blocking control a better situation than individual countries blocking transactions based on national interest?
Top Chinese epidemiologist: WHO’s downgrade of COVID doesn’t mean outbreak is over
“The adjustment does not mean the COVID-19 outbreak is over. China will continue to protect vulnerable groups, especially seniors, and step up efforts to vaccinate them... as the latter has proven effective in preventing severe illness and death,” said Liang Wannian, a top Chinese expert on COVID-19..."
If India was really serious about de-dollarization it would demand payment in Rupees for the scalped oil it sells to the West, but they dont . Similarly, China would demand to be paid in Yuan for the stuff it sells to the US and Europe, but they dont. Go BRICS !!!
Funny the dollar hegemony isn't that bad and serves everyone to some extent. And it shows money talks, always. Hail to the greed in these ideological Globalist enslavement times. Almost feels normal.
That one is highly ironic, by the way, because in the heyday of dismembering the USSR one of the biggest problems was the so-called "rupee overhang". as the USSR was sitting on a mountain of rupees and did not have the slightest idea of what to do with them all. Then they invented some "scheme", as usual, to channel that mountain into their own pockets, like the rest of the Soviet budget,, and the rupees magically disappeared, like pretty much everythng else of potential value.
After all, if you got that mountain for free anyway, does it make a difference to you if you make Indian manufacturers sell stuff to you in rupees but for 2-3-5 times the normal price and if you can then sell those products for the hated dollars and euros?
The Soviet ruble was also fully convertible - at the black market rate. Nobody was talking about "dedollarization" though at that time, for everyone wanted to "dollarize" as fast as possible - rsulting in all those Nabiullinas today.
thanks for sharing. I stumbled across this article/video the other day, maybe you'll find it interesting :)
"All the reforms of the last 30 years enriched the near-government pro-Western elite, ruining Russia and ordinary citizens. In 2022, the state transferred $350 billion abroad, and businesses $260 billion. Today Russia has turned out to be the periphery of both the West and the East."
https://svpressa.ru/online/sptv/370763/?tvtd=1
No no Edwards take is all wrong like usual. Supplying Europe and especially Ukraine with all the oil it needs requires a truly multipolar effort which only BRICS can provide. The unipolar satanist energy needs cant be met via pumping the gas to the Ukainian nazi reich directly which Russia is currently doing via 5D judo. After the US bombed Nord Stream they thought Russia wouldn't be able to supply the degenerate West with enough discounted oil to keep the lights on for drag queen story hour but like always Nabiullina and Putin were 5 steps ahead. Enter the plan of sending the oil at an even bigger discount to India in exchange for a mountain of Rupees.
Russia has proven yet again that no matter how many Russians you blow up in Donbass, no matter how many drone attacks you launch on Russia proper they will find a way to get you all the gas you need to launch a successful offensive against Russias newest regions!!! Only BRICS can deliver like this! They will get you your merchandise even if it kills them!!
Never in the history of the world has there been such an end user focused approach to business. Who else will literally find a way around your own sanctions to bring you the energy you need and all at net less for themselves? Anyway the project hasnt actually been cancelled, its just that Sberbank hasn't figured out how to convert rupees into digital rubbles yet. Russians have no need for gold or currencies that can be used in international trade. What normal Russians are demanding is digital currencies with expiration dates and a limited selection of products they can be exchanged for. But once the rupees can be accordingly converted the program will back with even more multipolar vigor!
Russia will supply it's enemies no matter the cost... THIS IS MY ULTIMATE ATTACK
FINAL CUCKOLD
You must be true Russian because this level of irony and cynicism exceeds my lowly capabilities by miles.
And I can't even argue against it.
Come on, who wouldn't want a mountain of rupees?
The Kremlin is being attacked by Ukronazi toy-drones, please take the SMO seriously. Indian toy-money from selling the USEUNATO Russian fuel is very important for Saint President Putin to fight the evil Ukronazis who aren't total puppets of the USEUNATO war machine. This is a Holy Civilizational war and profiteering has nothing to do with it.
Also, another master stroke of multipolarity:
4 May, 03:14
Gas supply by Gazprom for Europe through Ukraine totals 40.8 mcm via Sudzha
The heating season in Europe ended on April 6. European UGS facilities are currently 60.36% full
https://tass.com/economy/1613341
Toyz in the hood
Do you live in Hyrule?
I’ll take mine laundered … in both senses.
Another great example of the worst of all worlds for russia.
By the way I miss your talks with marko
Another myth busted, well done Riley! meanwhile, I am very glad I only have a recumbent so that I don't give any euro to that scam.
By the way, did you read karine Bechet Golovko's article which link was provided on the last article about the romance between Russia and Gref's AI?
Take care my man.
Bugey! I didn't see the article, do you have a link?
I think it's this one: Russia politics: Deglobalization post: China, India, Brazil let go of Russia at the UN General Assembly (Google Translate)
https://russiepolitics-blogspot-com.translate.goog/2023/05/billet-de-deglobalisation-la-chine.html?_x_tr_sl=auto&_x_tr_tl=en-US&_x_tr_hl=en-US
This is indeed the mentioned article, thank you...
oh yes, I read it -- and I've enjoyed the other articles you've shared from her. I am going to try to email her and see if I can get an interview!
take care Bugey!
Hi Riley!
The link is provided in the comment I made on your article on the Gref's chatbot...
All jokes aside, it seems like point 4 describes a strange issue in today's world:
"[foreign] manufacturers want to be paid in dollars."
Both private and state-owned companies in many countries are paid in US dollar before exchanging these dollars for their own currency, or some even expect to be paid in USD and then they simply keep that money on a USD bank account.
This may be a dumb question... Isn't it bad for the sovereignty of a country when it relies on a foreign currency instead of its own?
Wash, rinse, repeat. One scam done, another begun, somewhere. And there are numerous eager spectators and commentators in the West who will be eager to buy it as well, anything to satisfy their hope cravings. Thanks once again, Riley, for the reality checks.
Good riddance, but as Edward, along with me (there seem to be only the two of us) noted several times, everyone is on the same boat, sailing towards Agenda 2030.
Wait until the game is concluded! :)
https://rayhorvaththesource.substack.com/p/masters-of-deception
Another excellent, ingenious, 8D interdimensional chess move from BRICS much like the auspicious gold-pegged ruble I see! The satanic Nazi WEFsterners are quaking in their boots alright!
If you defeat your enemy you lose
- justin castro
I wonder exactly how much many ingenious "8D interdimensional chess moves" both the Russian Armed Forces & civil society can & will endure?
Enough until we're all trapped in a biosecurity state! But as long as those CBDCs and the Internet of Bodies is multipolar we're all gucci brah!
UBIonics
While Most Are Distracted, the IMF Just Rolled Out a One-World Currency
A new global currency just launched, but 99 percent of the global population has no idea what just happened. The “Universal Monetary Unit”, also known as “Unicoin”, is an “international central bank digital currency” that has been designed to work in conjunction with all existing national currencies.
This should set off alarm bells for all of us, because the widespread adoption of a new “global currency” would be a giant step forward for the globalist agenda. The IMF did not create this new currency, but it was unveiled at a major IMF gathering earlier this week…
https://jdrucker.substack.com/p/while-most-are-distracted-the-imf?utm_source=substack&utm_campaign=post_embed&utm_medium=email
"Trade between countries is accompanied by difficulties with settlements - foreign banks often block payments, and the transition to rupees and rubles is limited due to the peculiarities of currency regulation and a strong imbalance in mutual supplies."
Enter CBDCs with cross-border interoperability. Coincidentally, of course.
How is a globohomo central bank with granular per-transaction blocking control a better situation than individual countries blocking transactions based on national interest?
Twitter: "Putin allowed Turkey not to pay for gas until 2024. Another "brilliant" move by the "greatest geopolitical strategist of all time". https://twitter.com/nikola_mikovic/status/1653695950370615296
Off topic, I know, but christ:
Top Chinese epidemiologist: WHO’s downgrade of COVID doesn’t mean outbreak is over
“The adjustment does not mean the COVID-19 outbreak is over. China will continue to protect vulnerable groups, especially seniors, and step up efforts to vaccinate them... as the latter has proven effective in preventing severe illness and death,” said Liang Wannian, a top Chinese expert on COVID-19..."
https://newsus.cgtn.com/news/2023-05-06/Top-Chinese-epidemiologist-WHO-s-downgrade-of-COVID-doesn-t-mean-outbreak-is-over-1jzb6JrahZS/index.html
If India was really serious about de-dollarization it would demand payment in Rupees for the scalped oil it sells to the West, but they dont . Similarly, China would demand to be paid in Yuan for the stuff it sells to the US and Europe, but they dont. Go BRICS !!!
Funny the dollar hegemony isn't that bad and serves everyone to some extent. And it shows money talks, always. Hail to the greed in these ideological Globalist enslavement times. Almost feels normal.
An Indian snake charmer must've sold that flimflam deal to desperate Russian apparatchiks.
The Gremlin does not need much convincing to be rats