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Home > Forums > The Open Forum
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21% interest rate is dealing with inflation caused by hot economy. Banning foreign companies from

Author: Eli (9555 Posts - Original UHND Member)
Posted at 7:00 pm on May 1, 2025
View All

from withdrawing their assets from Russia is a counter measure to the west's sanctions that frozed Russia central bank's $300 billion reserves and other assets. All these mentioned in the article have nothing to do with Rouble's performance in 2025. It is just the sour tone when MSM reported Russia's achievements, as always. Of course I ignored these contents.

21% rate was raised long time ago, not in 2025. Banning western foreigners from withdrawing their assets from Russia was even longer, basically since the west froze Russia's $300B reserves. If the west unfreeze Russia's $300 B, Russia certainly will cancel the ban. Again, it is a counter measure by Russia
in case the west steal Russia's $300 B. They're not the reason when Rouble was weak against USD then, nor the reason when Rouble is strong against USD now.

BTW, Trump's weak dollar policy is in right direction. Dollar is way too much over-valued which hurt US producers. Trump persuaded Japan to lower exchange rate from over 150 yen before liberation day to now 145. China has been refusing to weaken their currency to USD. I know these are too much for you to understand.


This message has been edited 3 time(s).

Replies to: "21% interest rate is dealing with inflation caused by hot economy. Banning foreign companies from"

  • Once again the best-performing currency in the world 2025 YTD goes to... [LINK] - Eli - 3:21pm 5/1/25 (13) [View All]
    • Perhaps you should read the article before propping up your boy… - Domer From Hell - 3:58pm 5/1/25
      • And the whole rotten third world edifice of an economy is teetering as oil and gas prices tank. [NT] - Frank L - 8:12pm 5/1/25
      • 21% interest rate is dealing with inflation caused by hot economy. Banning foreign companies from - Eli - 7:00pm 5/1/25
        • It’s “ruble” not “Rouble”, you tremendous douche. [NT] - Frank L - 8:05pm 5/1/25
          • My bad. Thanks for reading, you ass. [NT] - Eli - 8:09pm 5/1/25
            • Educating rubes like you is always a pleasure. [NT] - Frank L - 8:13pm 5/1/25
              • Educate? Impossible [NT] - Domer From Hell - 9:16pm 5/1/25
                • True, correcting is a better description. [NT] - Frank L - 9:44am 5/2/25
        • An economist you’re not… - Domer From Hell - 7:07pm 5/1/25
          • It's 101. But it's a rocket science to you. - Eli - 7:13pm 5/1/25
            • And you posted the article. Obviously, your Chinese education failed you in terms of reading … - Domer From Hell - 7:33pm 5/1/25
            • “We”? You’re a fucking idiot. The only reason you’re accepted in the MAGA community… - Domer From Hell - 7:28pm 5/1/25
    • 21% Central Bank interest rates will do that every time. [LINK] - Curly1918 - 3:52pm 5/1/25
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