jackmarxist [any]@hexbear.net to the_dunk_tank@hexbear.netEnglish · 4 months agoNAFO Genius depicts the collapse of the Russian Ruble by showing that it's getting stronger?hexbear.netimagemessage-square20fedilinkarrow-up1117arrow-down10
arrow-up1117arrow-down1imageNAFO Genius depicts the collapse of the Russian Ruble by showing that it's getting stronger?hexbear.netjackmarxist [any]@hexbear.net to the_dunk_tank@hexbear.netEnglish · 4 months agomessage-square20fedilink
minus-squareMF_COOM [he/him]@hexbear.netlinkfedilinkEnglisharrow-up16·4 months agoI am very stupid - how does that graph show that the Ruble is getting stronger?
minus-squarejackmarxist [any]@hexbear.netOPlinkfedilinkEnglisharrow-up30·4 months agoValue went from 91 rubles/usd to 85
minus-squareMF_COOM [he/him]@hexbear.netlinkfedilinkEnglisharrow-up15·edit-24 months agoPlease explain it like I’m dumb lol that doesn’t seem like it’s getting stronger to me Oh wait I think I get it ty
minus-squareTachanka [comrade/them]@hexbear.netlinkfedilinkEnglisharrow-up26·4 months ago1 dollar used to be exchangeable for 91 rubles now 1 dollar can only be exchanged for 85 rubles this means the dollar is inflating faster than the ruble and possibly that the ruble is deflating (though that part I am not sure of)
minus-squareTachanka [comrade/them]@hexbear.netlinkfedilinkEnglisharrow-up2·edit-24 months agoThanks, that makes sense.
minus-squarealexandra_kollontai [she/her]@hexbear.netlinkfedilinkEnglisharrow-up7·4 months agoPreviously, Russians could use their 91 rubles to buy a dollar. Now they can buy a dollar AND have 6 rubles left over, because the dollar only costs 85. This means the ruble can buy more dollars, so it’s becoming stronger.
minus-squareTabitha ☢️[she/her]@hexbear.netlinkfedilinkEnglisharrow-up6·4 months agoit’s not you, the graph is just unlabeled
I am very stupid - how does that graph show that the Ruble is getting stronger?
Value went from 91 rubles/usd to 85
Please explain it like I’m dumb lol that doesn’t seem like it’s getting stronger to me
Oh wait I think I get it ty
1 dollar used to be exchangeable for 91 rubles
now 1 dollar can only be exchanged for 85 rubles
this means the dollar is inflating faster than the ruble
and possibly that the ruble is deflating (though that part I am not sure of)
deleted by creator
Thanks, that makes sense.
Previously, Russians could use their 91 rubles to buy a dollar. Now they can buy a dollar AND have 6 rubles left over, because the dollar only costs 85. This means the ruble can buy more dollars, so it’s becoming stronger.
it’s not you, the graph is just unlabeled