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[–]tomatopotato★ Free Assange ★ 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

Hurray. A country whose currency is backed by a heap of lies is able to withstand the economic sanctions of countries whose currencies are backed by a far more massive heap of lies.

[–]chakokat[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Hurray. A country whose currency is backed by a heap of lies gold is able to withstand the economic sanctions of countries whose currencies are backed by a far more massive heap of lies.

FIFY

[–]tomatopotato★ Free Assange ★ 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

I've read the same before, but I'm still highly doubtful of their reserves from the average person's perspective. Don't get me wrong, I think it's great that there's at least some semblance of counterweight to Empire Inc. But Russia is still deeply tied to global fiat. I also wonder what kind of response most Joe Russias would get if they went to their bank and asked to exchange their notes for gold.