Russia Requiring More Commodities to be Paid in Rubles!

[FurriesRock]

"The Russian government has added grain, sunflower oil and extracted meal to the list of exports that must be paid for in rubles. A resolution giving effect to the decision was adopted on Friday and published on the official portal of legal information."

https://www.rt.com/business/558232-russia-switches-grain-exports-rubles/

Russia moving further and further away from the dollar, and this will naturally pull every country that trades with Russia further away from the dollar as well.

The dollar's role as the world's reserve currency is quickly being eroded.

Is America ready to deal with the financial ruin that will follow the end of the dollar's status as sole reserve currency?

 

[Rogue Valley]

The world does not conduct trade in rubles. It is a junk currency, only worth something within Russia itself.

Your source is RT - a state-owned propaganda arm of the Kremlin.

 

[nvflash]

"The Russian government has added grain, sunflower oil and extracted meal to the list of exports that must be paid for in rubles. A resolution giving effect to the decision was adopted on Friday and published on the official portal of legal information."

https://www.rt.com/business/558232-russia-switches-grain-exports-rubles/

Russia moving further and further away from the dollar, and this will naturally pull every country that trades with Russia further away from the dollar as well.

The dollar's role as the world's reserve currency is quickly being eroded.

Is America ready to deal with the financial ruin that will follow the end of the dollar's status as sole reserve currency?

If Russia wanted to attack the $USD$ it would have to demand specie in payment, but it can't do that without attacking it's own fiat currency, and that is a game they are not willing to give up on just yet.

This isn't an attack on the $USD$ it's an attempt to save what is left of their own national economy.

 

[FurriesRock]

The world does not conduct trade in rubles. It is a junk currency, only worth something within Russia itself.

Your source is RT - a state-owned propaganda arm of the Kremlin.

I only need one example to prove you wrong, so here it is.

https://eurasianet.org/armenia-and-russia-working-to-dedollarize-bilateral-trade

 

[Helix]

What does Zerocred think?

 

[nvflash]

I only need one example to prove you wrong, so here it is.

https://eurasianet.org/armenia-and-russia-working-to-dedollarize-bilateral-trade

Of course, Armenia can "save" the ruble, now I'll give you four chickens for your car.

 

[Rogue Valley]

I only need one example to prove you wrong, so here it is.

https://eurasianet.org/armenia-and-russia-working-to-dedollarize-bilateral-trade

In the global grand scheme of things, the trade between Russia and Armenia (a Russian ally) is miniscule.

New York has a larger annual GDP than Russia. Armenia's annual GDP is less than that of Vermont.

 

[FurriesRock]

In the global grand scheme of things, the trade between Russia and Armenia (a Russian ally) is miniscule.

New York has a larger annual GDP than Russia. Armenia's annual GDP is less than that of Vermont.

It's one example of many, which proves your earlier assertion wrong.

Stop trying to move the goal posts just because you got proven wrong.

 

[Fledermaus]

Of course, Armenia can "save" the ruble, now I'll give you four chickens for your car.

Five chickens and a duck.

This is best model Lada!

 

[Rogue Valley]

It's one example of many, which proves your earlier assertion wrong.

Stop trying to move the goal posts just because you got proven wrong.

Lol. You're the one who interjected Russia and Armenia into this thread.

And no. Neither country can de-dollarize the global economy by pushing the worthless ruble.

 

[Roadvirus]

"The Russian government has added grain, sunflower oil and extracted meal to the list of exports that must be paid for in rubles. A resolution giving effect to the decision was adopted on Friday and published on the official portal of legal information."

https://www.rt.com/business/558232-russia-switches-grain-exports-rubles/

Russia moving further and further away from the dollar, and this will naturally pull every country that trades with Russia further away from the dollar as well.

The dollar's role as the world's reserve currency is quickly being eroded.

Is America ready to deal with the financial ruin that will follow the end of the dollar's status as sole reserve currency?

Russia can cram their Ruble.

 

[FurriesRock]

Lol. You're the one who interjected Russia and Armenia into this thread.

And no. Neither country can de-dollarize the global economy by pushing the worthless ruble.

You asked for an example, and I provided one.

Then you decided to move the goalposts and deflect.

 

[Hamish Howl]

"The Russian government has added grain, sunflower oil and extracted meal to the list of exports that must be paid for in rubles. A resolution giving effect to the decision was adopted on Friday and published on the official portal of legal information."

https://www.rt.com/business/558232-russia-switches-grain-exports-rubles/

Russia moving further and further away from the dollar, and this will naturally pull every country that trades with Russia further away from the dollar as well.

The dollar's role as the world's reserve currency is quickly being eroded.

Is America ready to deal with the financial ruin that will follow the end of the dollar's status as sole reserve currency?

LOL, actually sourcing RT.

 

[Rogue Valley]

LOL, actually sourcing RT.

That's the bubble he obviously lives in