Comments by "Kim" (@KimTiger777) on "Russia’s Monetary Policy is Like..." video.

  1. I don't believe in those numbers, if the 1 Ruble is worth $0.011 and on the blackmarked is worth less then in theory you could exploit this difference of value against the Ruble. Say you start with 1000 Rubles and you trade it to Russian bank and get $10.75 and then you go to the black market and trade your $10.75 to get 2000 Rubles (say it is valued by 200%). Then you go back to the bank and trade 2000 Rubles to get $21.50, rinse and repeat. As I said I don't believe in those official exchange numbers (RUB/USD), simply because then you could get rich in no time by exploiting the delta between Russian bank and the black market. Now tell me again to believe in those numbers, it is crazy, just like eating mushrooms that I know nothing about, quite a gamble on my life, wouldn't you say? Ruble=Nothing, because it is DEAD!
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