Bob Koure
Mar 12, 2024

--

Russia's currency situation is far from Economics 101. They're trying to constrain outflow and maintain the value of the ruble above USD0.01 with both foreign currency and gold reserves. Does devaluation really matter now? What about reducing money in circulation?

Without getting into whether free will exists or not... :-)

--

--

Bob Koure
Bob Koure

Written by Bob Koure

Retired software architect, statistical analyst, hotel mgr, bike racer, distance swimmer. Photographer. Amateur historian. Avid reader. Home cook. Never-FBer

No responses yet