Comments by "Arty" (@arty5876) on "Can we Trust Russia's Economic Data?" video.
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The author is talking nonsense. First, GDP statistics show how many goods and services were sold in the country during the year. And the cost of goods sold is expressed in US dollars at the exchange rate in this particular country. In Russia, as in other countries of the world, there is a value added tax, the income from which goes to the budget, there are customs taxes, there are duties. And according to taxes, GDP is calculated in rubles, and then converted into dollars at the exchange rate. The exchange rate, in turn, depends on the ratio of exports to imports. At the moment, taking into account inflation, the dollar in Russia costs 80 rubles, 4% cheaper than before the war, and in the summer of 2022 there was a record low dollar exchange rate of 60 rubles per dollar.
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