On Amazon you can get a 24pk of Charmin toilet paper for $37. That’s $1.56 per roll.
There are 150 sheets of toilet paper on a roll so that’s $0.01⁰⁴ per sheet.
The Russian ruble is at 101.00R to $1.00USD, making it equivalent to $0.00⁹ (9 mil) in USD.
It’s now officially cheaper to wipe your ass with Russian money than toilet paper
If you use 1 rubel coins, sure. Personally, I prefer to splurge on TP.
Let me know once the 50 rubel note is cheaper than a sheet of TP.
If you use 1 rubel coins, sure
I’m pretty sure the metal value of a 1 ruble coin is worth a substantially more in it’s weight in metal than 1 ruble
Double-checked, and you’re right.
The same can be said about the US penny and nickel. Both cost at least double their value to produce.
I’m totally imagining the coin being like the 3 seashells on hard mode.
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Yeah, you think your chlamydia is bad now? Wipe you ass with some ones. As a sciencer, just wait about 48 hours between receiving new paper money and wiping.
remember kids: always use a clean straw for your booger sugar!
you can only artificially prop it up for so long
Well yeah, no shit, it was kind of expected.
It lasted one more year than it should have but now the pressure will gradually and slowly build up on Russia’s side.
All Ukrainians have to do now is defend, chill out and wait.
Your move, Putin.
- They infuriated. Send them to Gulag.
- But komrade Putin, Gulag now too small. We sent even babushkas who protested of us sending their grandchildren to front.
- Make it bigger. Massive. It will help the ekonomy. If in troubles, start a war of build Pyramids. Russia kan do both!
Why everyone fall down stairs and out windows all the time?
- falling rubles…“stable rubles;” stable footing
Shows that the $60 oil cap is working. The Russian central bank will likely raise interest rates to halt the slide. Unless Russia can boost it’s exports or reduce it’s imports there are no other options. Putin is unlikely to reduce spending on the war so in the end it is ordinary Russians who will bear the brunt of this.
It’s what they choose through inaction
Every population ever had to suffer before they decided revolt is a good idea. When they are dying and have nothing left to loose. That’s when stuff happens.
What action was the general public supposed to take? Opposing voices have ended up in jail or worse. If you think this can’t happen to you in your country then you’re very much mistaken!
If the whole country revolts they take over. They are complacent
Doesn’t Putin and the war have 80% approval rating up until very recently?
Ordinary Russians either support the war or have no qualms with it. Maybe if it starts affecting their day to day life, some of them will change their stance.
Putin’s war crumbled its worth.
This is the best summary I could come up with:
On Sunday, images were shared online of a small symbolic protest mounted in western Siberia: A building’s chyron kept repeating the message that “Putin is a dickhead and a thief,” calling the ruble’s exchange rate “crazy.”
Nonetheless, Russia’s central bank decided to freeze purchases of foreign currency on the domestic market through the remainder of this year to restore faith in the sliding ruble.
The economic situation in the United States by contrast is deteriorating fast,” then Fox News host Tucker Carlson, a chief critic of U.S. aid to Kyiv, said last April.
Nabiullina was celebrated for cleverly steering her financial system through the worst of the turmoil by placing a range of capital controls that quickly stabilized the currency and prevented mass outflows.
“They were a quick fix for the ruble in 2022, but are counterproductive in the long run,” wrote Janis Kluge, senior associate at the German Institute for International and Security Affairs, last week.
The Russian army is attempting to defend large swaths of territory seized in the early months of the invasion against a Kyiv counteroffensive boasting modern Western military equipment.
I’m a bot and I’m open source!
“They’re laughing at us.”
Narrator: They were.
Well yeah, no shit, it was kind of expected.
It lasted one more year than it should have but now the pressure will gradually and slowly build up on Russia’s side.
All Ukrainians have to do now is defend, chill out and wait.
Your move, Putin.
One Japanese Yen is worth 0.7 pennies today.
You are right, the spot exchange rate at a given point in time is random and tells you nothing (nothing!) about the value or strength of a currency. Japan is a great example.
What, however, does indicate a weakening or economic downturn is the uncontrolled depreciation of a currency, which errodes savings, threatens foreign debt paybacks, and makes imports more expensive
The Yen is relatively stable for decades at its spot. The Rubel is sliding against monetary and fiscal efforts, which indicates deeper macroeconomic issues.
“Deeper economic issues” is one of nicer things he’s been called since he started openly warmongering.
Year over year, the yen is down 8.3% vs USD
Year over year, the rouble is down 46.2% vs USD
No one is making 10 yen per hour though
Wait, is this $0.01 American or Canadian we’re talking about
Either / both.
Misleading title
What’s misleading about it? His inner circle aren’t upset? He has an inner hexagon rather than a circle?
You see comrade, this is misleading title. The mighty Russian rouble is worth one mighty Russian Rouble.
Sure is a good thing the US didn’t set 1rub equal to 0rub!
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Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source, check me out at GitHub.
It’s an 8 dimensional hypercube, obviously.
Hence his skill in 4-D chess
How so? A Russian ruble is now worth less than a US penny.
It’s been for years, that’s why. The article says it like it’s new
A ruble has only been worth less than a penny one other time in the last 20 years, and that was in Feb 2022. After which Russia instituted a plethora of monetary policies to get it back under control. But the price has been steadily sliding back down.
You are playing with margins. In early 2016, it was only 1.2 times what it is today
How so?
