119
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 14 Jun 2024
119 points (100.0% liked)
the_dunk_tank
16026 readers
1 users here now
It's the dunk tank.
This is where you come to post big-brained hot takes by chuds, libs, or even fellow leftists, and tear them to itty-bitty pieces with precision dunkstrikes.
Rule 1: All posts must include links to the subject matter, and no identifying information should be redacted.
Rule 2: If your source is a reactionary website, please use archive.is instead of linking directly.
Rule 3: No sectarianism.
Rule 4: TERF/SWERFs Not Welcome
Rule 5: No ableism of any kind (that includes stuff like libt*rd)
Rule 6: Do not post fellow hexbears.
Rule 7: Do not individually target other instances' admins or moderators.
Rule 8: The subject of a post cannot be low hanging fruit, that is comments/posts made by a private person that have low amount of upvotes/likes/views. Comments/Posts made on other instances that are accessible from hexbear are an exception to this. Posts that do not meet this requirement can be posted to !shitreactionariessay@lemmygrad.ml
Rule 9: if you post ironic rage bait im going to make a personal visit to your house to make sure you never make this mistake again
founded 5 years ago
MODERATORS
Value went from 91 rubles/usd to 85
Please explain it like I'm dumb lol that doesn't seem like it's getting stronger to me
Oh wait I think I get it ty
1 dollar used to be exchangeable for 91 rubles
now 1 dollar can only be exchanged for 85 rubles
this means the dollar is inflating faster than the ruble
and possibly that the ruble is deflating (though that part I am not sure of)
Thanks, that makes sense.
Previously, Russians could use their 91 rubles to buy a dollar. Now they can buy a dollar AND have 6 rubles left over, because the dollar only costs 85. This means the ruble can buy more dollars, so it's becoming stronger.