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Topic: Russia may ban US dollar! (Read 2188 times)

hero member
Activity: 924
Merit: 1000
November 08, 2014, 04:20:21 PM
#14
Well it was to be expected, with this move obviously the usa wanted to give a intimidatory message to their financial enemies and seems right this round sorted the effect they wanted, now Russia is almost cutted out from the markets. We'll see were we go from here, but I suspect an alliance with China is the next step they are gonna take.
legendary
Activity: 3108
Merit: 1359
November 08, 2014, 10:10:58 AM
#13
Just some fake news from a satire site and all the Russophobes are jumping up and down. Nice. Just shows the average IQ level of these people. I have checked the official Duma website and there is no mention about anything even remotely close.
Oh don't bother, they don't care what happens outside the Matrix Cheesy
member
Activity: 72
Merit: 10
November 08, 2014, 10:07:45 AM
#12
Wow.. They will not ban US dollar that long.
full member
Activity: 154
Merit: 100
November 08, 2014, 06:58:58 AM
#11
rusky will not suicide them self with that  Grin
they can launch nuke but ban US i think not
legendary
Activity: 1067
Merit: 1000
November 08, 2014, 05:26:19 AM
#10
LOL. Russia is just shooting itself in the foot.

Oh,they can't sell gas without dollar  Roll Eyes

They can take gold or ruble/rmb.
hero member
Activity: 686
Merit: 500
November 08, 2014, 03:15:43 AM
#9
That's not gonna happen Cheesy at least not anytime soon
hero member
Activity: 490
Merit: 500
November 08, 2014, 12:35:58 AM
#8
The low oil price must be hurting big time coupled with the capital flight currently going on
Desperate times call for desperate measures
sr. member
Activity: 291
Merit: 250
November 07, 2014, 11:09:51 PM
#7
More likely Russia will bring back capital controls to stop the free fall of the rouble
The lower oil price is screwing them in a big way
legendary
Activity: 3990
Merit: 1385
November 07, 2014, 08:59:01 PM
#6
Who stands to benefit? Many common Russian people hoard the USDollar. So do the Russian wealthy. If it is only a ban at the banks, people will simply keep dollars in a place safer than under their mattress. It will prop up the value of the dollar in Russia a little. But if the ban goes into holding and owning dollars in any form in Russia, the whole thing might prop up the value of the dollar in the whole world.

The question is, with Russia starting to trade natural gas to China for something other than the dollar, will the dollar even last the year that is given for people to stop using it at the banks?

A second question is, will the UN and supporting nations allow Russia to stop using the dollar? Russia is quite strong. A UN "police action" against Russia could be costly. Russia would lose in the long run, but it would harm the little people the most, although it might prop up world trade for those who were left. And if it goes to nukes, the whole world might die.

I see this as being a ploy instigated covertly by the United States, or States sympathizers.

Smiley
legendary
Activity: 1722
Merit: 1000
November 07, 2014, 04:07:10 PM
#5
LOL. Russia is just shooting itself in the foot.

I know.. banning bitcoin.. the dollar...  I honestly wouldn't be suprised if the banned Silver and Gold next.
legendary
Activity: 3766
Merit: 1217
November 07, 2014, 04:06:47 PM
#4
Just some fake news from a satire site and all the Russophobes are jumping up and down. Nice. Just shows the average IQ level of these people. I have checked the official Duma website and there is no mention about anything even remotely close.
hero member
Activity: 697
Merit: 500
November 07, 2014, 03:39:12 PM
#3
LOL. Russia is just shooting itself in the foot.

Oh,they can't sell gas without dollar  Roll Eyes
full member
Activity: 167
Merit: 100
November 07, 2014, 03:19:30 PM
#2
LOL. Russia is just shooting itself in the foot.
hero member
Activity: 756
Merit: 502
November 07, 2014, 10:15:16 AM
#1
the state of Russia has submited a bill to ban US dollar

http://en.apa.az/xeber_russia_may_ban_circulation_of_us_dollar_218603.html
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