this post was submitted on 14 Jun 2024
104 points (100.0% liked)

the_dunk_tank

15897 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
 
you are viewing a single comment's thread
view the rest of the comments
[–] MF_COOM@hexbear.net 15 points 1 year ago (8 children)

I am very stupid - how does that graph show that the Ruble is getting stronger?

[–] jackmarxist@hexbear.net 28 points 1 year ago (1 children)

Value went from 91 rubles/usd to 85

[–] MF_COOM@hexbear.net 14 points 1 year ago* (last edited 1 year ago) (2 children)

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

[–] Tachanka@hexbear.net 24 points 1 year ago (1 children)

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)

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.

load more comments (6 replies)