alphacyberranger@lemmy.world to World News@lemmy.worldEnglish · 1 year agoRussia's central bank raises interest rates to 12% after the ruble plungeswww.cnn.comexternal-linkmessage-square7fedilinkarrow-up190arrow-down11
arrow-up189arrow-down1external-linkRussia's central bank raises interest rates to 12% after the ruble plungeswww.cnn.comalphacyberranger@lemmy.world to World News@lemmy.worldEnglish · 1 year agomessage-square7fedilink
minus-squareshortwavesurfer@monero.townlinkfedilinkEnglisharrow-up1arrow-down3·1 year agoThis is what happens to all fiat money. It will happen to the United States eventually too as the fed has printed into existance far to many dollars. The currency has to be destroyed in order to get back to a state of value.
This is what happens to all fiat money. It will happen to the United States eventually too as the fed has printed into existance far to many dollars. The currency has to be destroyed in order to get back to a state of value.