It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

Ruble Trade Agreements & Major Global Shift

page: 4
27
<< 1  2  3   >>

log in

join
share:

posted on May, 25 2022 @ 09:09 AM
link   
This is the only shift I worry about. Understanding that, you may not want to hold currency from some sources or locations soon. Click arctic on the right, and check all boxes on the left.

www.ncei.noaa.gov...



posted on May, 25 2022 @ 10:19 AM
link   
a reply to: FamCore

Nice thread FamCore; it's too bad the war propaganda agents have to wade in and derail the conversation.

At the end of the day, these two facts are indisputable:

* The Russian Ruble has a higher dollar exchange rate than it did BEFORE this conflict started
* Russia is and has been in the process of a total unwinding/disengagement from the dollar

If you can take your war googles off for a second (which we must acknowledge is impossible for those people whose entire purpose for posting on ATS is to spread pro or anti Russian propaganda), you can see that aside from the purely material impact of one of the world's largest energy exporters exiting the PetroDollar system, perhaps the bigger story is that the Russians are providing a blueprint/playbook for showing others how to effectively untangle themselves from the current financial system that utilizes the U.S. dollar as the world's reserve currency. This could prove to be the first domino in a series of events that leads to the collapse of the PetroDollar.

While many people in the U.S. shake their pom poms over an armed conflict that has 0 strategic significance on our country, they are not noticing the subtle changes to the global finance scheme stemming from this conflict that could, in the long run, prove to be very damaging to the U.S.'s top economic position in the world.

"How to erode the U.S. economic dominance, and get their citizens to cheer for it"



posted on May, 25 2022 @ 10:48 AM
link   
a reply to: SleeperHasAwakened

Thanks for linking that Bloomberg article and for the comment - this was a very sapient statement:



While many people in the U.S. shake their pom poms over an armed conflict that has 0 strategic significance on our country, they are not noticing the subtle changes to the global finance scheme stemming from this conflict that could, in the long run, prove to be very damaging to the U.S.'s top economic position in the world.

"How to erode the U.S. economic dominance, and get their citizens to cheer for it"



posted on May, 25 2022 @ 11:35 AM
link   

originally posted by: SleeperHasAwakened

* The Russian Ruble has a higher dollar exchange rate than it did BEFORE this conflict started


Nice, lets say you had 10 million rubles under your bed, go spend it and see what happens. Also, lets say Russia says they want an exchange of 100 dollars to 1 Ruble what country is going to do that even if they wanted to trade. Even if Russia makes the Ruble 30% stronger that is a 30% increase to all other currencies as that 30% is just localized in Russia, and so anyone buying Russian whatever by buying rubles first is costing them 30% more no matter the currency they use.



posted on May, 25 2022 @ 12:11 PM
link   

originally posted by: Xtrozero

originally posted by: SleeperHasAwakened

* The Russian Ruble has a higher dollar exchange rate than it did BEFORE this conflict started


Nice, lets say you had 10 million rubles under your bed, go spend it and see what happens. Also, lets say Russia says they want an exchange of 100 dollars to 1 Ruble what country is going to do that even if they wanted to trade.

Somewhere between 4-10 countries are already purchasing gas from Russia in Rubles (although as others have said, it's not so easy to describe the transactions as "paid in Rubles" when in reality it was more of a currency swap than an exchange of gas for Rubles).


originally posted by: Xtrozero
Even if Russia makes the Ruble 30% stronger that is a 30% increase to all other currencies as that 30% is just localized in Russia, and so anyone buying Russian whatever by buying rubles first is costing them 30% more no matter the currency they use.

No, it's not that simple. The exchange of store of value at the sovereign level is a lot more complex than going down to the exchange office, handing a clerk $$$ and getting back X currency. There are all sorts of complex financial instruments like exchange swaps and derivatives (contracts on future exchange rates of currencies) that can be used to exchange value. Also, sovereign entities (and their central banks) hold currency reserves in many denominations, so if they want to purchase something from a country in a certain currency, they already have that currency on hand in reserve, so they can buy what they need without a spot conversion, and replenish their reserves later at a more favorable exchange rate.



posted on May, 25 2022 @ 12:21 PM
link   

originally posted by: SleeperHasAwakened

Somewhere between 4-10 countries are already purchasing gas from Russia in Rubles (although as others have said, it's not so easy to describe the transactions as "paid in Rubles" when in reality it was more of a currency swap than an exchange of gas for Rubles).


But you can see that if Russia artificially increases its money value that is not based on world currencies then those countries dealing with their own currency to buy oil are getting shafted. I'm sure they can still do it, and maybe Russia has kickbacks to those in charge to make the higher costs worth it.



No, it's not that simple. The exchange of store of value at the sovereign level is a lot more complex than going down to the exchange office, handing a clerk $$$ and getting back X currency. There are all sorts of complex financial instruments like exchange swaps and derivatives (contracts on future exchange rates of currencies) that can be used to exchange value. Also, sovereign entities (and their central banks) hold currency reserves in many denominations, so if they want to purchase something from a country in a certain currency, they already have that currency on hand in reserve, so they can buy what they need without a spot conversion, and replenish their reserves later at a more favorable exchange rate.


I agree, but at some point if Russia increases the value of their money only based on internal decisions then their money becomes too expensive. We see it with the dollar all the time in we do not really want the dollar to double in value towards other currencies as it would seriously affect trade.

The Dollar is a lot stronger today against the EU and pound than a year ago, as example.
edit on 25-5-2022 by Xtrozero because: (no reason given)



posted on May, 25 2022 @ 08:45 PM
link   

originally posted by: SleeperHasAwakened
a reply to: FamCore

Nice thread FamCore; it's too bad the war propaganda agents have to wade in and derail the conversation.

At the end of the day, these two facts are indisputable:

* The Russian Ruble has a higher dollar exchange rate than it did BEFORE this conflict started
* Russia is and has been in the process of a total unwinding/disengagement from the dollar

If you can take your war googles off for a second (which we must acknowledge is impossible for those people whose entire purpose for posting on ATS is to spread pro or anti Russian propaganda), you can see that aside from the purely material impact of one of the world's largest energy exporters exiting the PetroDollar system, perhaps the bigger story is that the Russians are providing a blueprint/playbook for showing others how to effectively untangle themselves from the current financial system that utilizes the U.S. dollar as the world's reserve currency. This could prove to be the first domino in a series of events that leads to the collapse of the PetroDollar.

While many people in the U.S. shake their pom poms over an armed conflict that has 0 strategic significance on our country, they are not noticing the subtle changes to the global finance scheme stemming from this conflict that could, in the long run, prove to be very damaging to the U.S.'s top economic position in the world.

"How to erode the U.S. economic dominance, and get their citizens to cheer for it"


I'm all too happy to see the Petro Dollar die. It weakens the dominance of the Federal Reserve, and could eventually lead to them being overthrown. (And probably take down quite a bit of the Deep State with them.)

When the USD weakens, the cost of our goods goes down abroad. We can sell our goods to foreign countries at more competitive prices.

The price to buy goods from foreign countries goes up, but basically the only thing we can't produce for ourselves is oil, and we can still produce a fair amount of that.


edit on 25-5-2022 by bloodymarvelous because: (no reason given)



posted on May, 25 2022 @ 08:48 PM
link   
a reply to: bloodymarvelous




You clearly understand what happened, what it caused, why it happened, and what has always been the easiest way to solve the problem.

I sure wish more did.





posted on May, 25 2022 @ 11:18 PM
link   
a reply to: bloodymarvelous
Who do you think Federal Reserve is? Seriously... They are the ones who overthrow others. Do not expect them to go quietly into the night. Any country that ever threatened petrodollar had usually been decimated by the war (Iraq, Lybia, etc.) evr since the concept of this currency approach was contemplated back in 1947 and cemented in 1971. This is why now, the US has no choice but to go to war with Russia. Forget the Ukraine - it is a pawn in the globalist game to stay in power.

Whoever wrote here about Russia's "unprovoked" aggression forgot (or simply do not know) about "unprovoked" coup d'etat thrown in 2014 by C_A and globalist clinton's cabal in Ukraine that started never-ending war against Russians that lasted for 8 years before putin decided to cut them out. So much for being "unprovoked"... He definitely found the best time to do it when the United States is publicly committing suicide for the sole benefit of the Great Reset implemented by the Bilderberg group (aka World Economic Forum - WEF). Everything is way darker than it seems now.



posted on May, 25 2022 @ 11:18 PM
link   
-

edit on 5/25/2022 by SicTransitGloriaMundi because: duplicate



posted on May, 26 2022 @ 02:04 AM
link   

originally posted by: SicTransitGloriaMundi
a reply to: bloodymarvelous
Who do you think Federal Reserve is? Seriously... They are the ones who overthrow others. Do not expect them to go quietly into the night. Any country that ever threatened petrodollar had usually been decimated by the war (Iraq, Lybia, etc.) evr since the concept of this currency approach was contemplated back in 1947 and cemented in 1971. This is why now, the US has no choice but to go to war with Russia. Forget the Ukraine - it is a pawn in the globalist game to stay in power.

Whoever wrote here about Russia's "unprovoked" aggression forgot (or simply do not know) about "unprovoked" coup d'etat thrown in 2014 by C_A and globalist clinton's cabal in Ukraine that started never-ending war against Russians that lasted for 8 years before putin decided to cut them out. So much for being "unprovoked"... He definitely found the best time to do it when the United States is publicly committing suicide for the sole benefit of the Great Reset implemented by the Bilderberg group (aka World Economic Forum - WEF). Everything is way darker than it seems now.




Are you suggesting that those were peaceful non threatening countries?

Of course madman dictators try to get away from US financial systems, because they know what the sanctions for their violent behavior will do to them.



posted on May, 26 2022 @ 01:44 PM
link   
a reply to: PatriotGames4u
It really does not matter whether they were/are peaceful or not - it's just the petrodollar is the cornerstone of the financial stability of the United States and anybody who is jeopardizing this - jeopardizing the livelihood of the United States.

Putin was trying to avoid playing this game but he simply had no choice. Ukraine (read - NATO = USA) was on a brink of attacking the Donbas and Lugansk to clear up pro-Russian separatists when Russia decided to beat them to the start of war that was imminent. Unlike Stalin who waited for way too long in 1941 and got out-smarted by Hitler (while soviets planned to start their war agains Germany in 1942), Putin has decided to go into offensive first and for the first time, not to have a war on his own territory - something Russia did not have for a very long time (if ever).

The globalists now have to hurry up and establish their Great Reset ASAP and they use this war trying to rally the rest of the world to unite against "aggressor" - a fringe benefit in current situation. Unfortunately for them, some big pieces in this puzzle do not fit together (including the rest of the world's most populous BRIC countries with Brazil being the most vocal opponent of this one world government). We live in the very dangerous time.

edit on 5/26/2022 by SicTransitGloriaMundi because: (no reason given)

edit on 5/26/2022 by SicTransitGloriaMundi because: typos




top topics



 
27
<< 1  2  3   >>

log in

join