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Julia P.
Cyrus Janssen
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Comments by "Julia P." (@juliap.5375) on "How the United States is Making Russia Stronger with Sanctions" video.
@momchilandonov It means Russian goods became cheaper on foreign markets, so more people want to buy them, while Russians itself earn more regards to own cheaper currency. I will explain, looks like it is too complicated for you :) Country produce some good and sell it for 1$. When exchange rate was $1 = ₽10, country for this own good earn ₽10. Then it downgraded own currency and exchange rate became $1 = ₽100. It means for exactly same good country already earn in 10 times more. Now country can sell own good of $0,5 and earn ₽50. So, it sell more and earn more at same time. It is exactly what Russia did. Why other countries can’t do this? Because others forced to buy more than sell, they can’t. While Russia have huge economy and all resources, it sell more than buy, so it can. Guess who also do the exactly the same? — China! :)
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@NPSpaceZZZ It’s not that simple as you said. When in production chain there are no foreign parts, then there are no any inflation also. Inflation arrives in chains where is used foreign goods (as example you produce bus, everything is local made except engine, so yep, price for bus will be increased because of engine only). But in case of Russia large country it is temporary effects, because on next stage arrive local company which propose locally made engine, of course cheaper than foreign. So, after temporary inflation you get a) deflation b) new industry c) more money left in your country, less needs to buy foreign goods. Exchange rate can be used as legal toll (tolls mainly restricted and even illegal) which helps to develop local business. On short distance it is bad for regular people of course, but on long distance it is better for people.
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@Jakob1019 Are you seriously? 😂 UA — declared SS as own heroes, prohibited communists (it is criminal case nowadays), accepted Reich slogan as own official greeting in army (and almost each current leader of West publicly pronounced it, including German leaders… idk — is this mad world or they are just so uneducated and don’t know what they pronounce?!), use flags with swastika (official units in army)… Exactly the same in several rest EU countries.
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@izajahmed8863 Right after WW2 Churchill proposed to erase this nation, Stalin not agreed. Only reason why Germans still exist on planet.
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It not worked in that way. Russia is country with — all possibly technologies and huge economy (produce almost everything, from space ships to nuclear icebreakers and own processors). — all possibly resources. If rest world will disappear, Russia will survive almost without any serious changes in own life.
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