Comments by "Toby" (@toby9999) on "Russian Ruble is Not Money" video.

  1. Fantastic explanation. You've effectively answered the question I asked in your previous video about the value of the ruble.
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  2. Who are they going to sell it to? Hit China and India with some secondary sactions and the ruble woukd tank. And it already has tanked domestically. Thing is, what is the true value of a ruble. Well, we dont know because pootin has meddled in the markets. But given that it has been jacked up artificially yet has crashed internally, I'd spit the difference and put it at around 150. Bottom line though: right now the spread is so great that no one has a clue. Maybe you should speculate on what it would crash to in a freely trading market and be honest about it instead of sounding like a pro ruzzian troll.
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  3. No, Peter is reasonably good but nice try troll. But what brings you lot out in such large numbers today? Ruzzia having a bad day?
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  4. LOLOLOL
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  5. It has already been trading as low as 200 to the USD. So you're late to the party. Hint: Ignore the international forex market for rubles. It's not trading freely. The latest spread I saw quoted was 50, 200 signifying crazy volatility and panic in the domestic forex market.
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  6. Yes, and the limitation amongest other distorts the value of the ruble.
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  7. No it isn't. I suspect you're mistakingly looking at the jacket up international quoted figure. Look a little deeper before making yourself look silly. First of all, realise that a lot of ruzzias trade is effectively bartering. Where is the true ruble market given sanctions? It's effectively closed.
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