Oh, Nyet! Look At That Ruble Go...
Tim Knight | Jun 12, 2022 12:47AM ET
I can’t help but notice how Biden and other leaders aren’t mocking the Russian ruble (as they called it earlier this year, the “rubble”—heh) lately…………
Let that sink for for a bit. The Ruble has more than DOUBLED in value against the US dollar in a span of less than three months. For another way to look at it, check out the longer-term US dollar versus the Ruble.
Yes, it surged initially during the sanctions, but check it out now. The US dollar has been reduced to one-ply toilet paper. Quite a change, huh?
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