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19
posted 3 years ago by ghost_of_aswartz 3 years ago by ghost_of_aswartz +20 / -1
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– CrazyRussian 2 points 3 years ago +3 / -1

Really some details and rumors began to appear on that topic in Russia.

First of all, seems that only Gazprom now allowed to demand payments in roubles.

Second, there is rumors that any payments to local businesses in currencies different from roubles will be forcefully converted by banks to roubles at the moment of transaction.

Third, all that crypto and gold thing is just a words, not backed by any documents. And talking about cryptocurrencies hardly they mean something like independent Bitcoin or Monero. Most probably they mean that shitty banking system coins popping up here and there without any interest from potential users.

Fourth, most astonishing and may be completely unknown for foreigners thing - really in Russian banking system exists two different roubles - one with currency code 643 and letter code RUB, and other with currency code 810 and letter code RUR. First one is a rouble everybody know about. Second one is an ancestor of USSR rouble backed with 0.987412 grams worth of gold. Internally, inside banking system, that cheap 643 rouble silently converted into 810 gold backed rouble and when you get money from bank it converted back to cheap 643 rouble. So, people operate with cheap 643 roubles but banking system operate with 810 gold-backed roubles. 1 gram of gold cost ~5000 643 roubles. So, if you put 5000 643 roubles on bank account that is ~1 gram of gold (paying for something or filling your bank account) Russian bank get a right to operate with 5000 810 roubles that worth ~5kg of gold. Exchange it internally to gold, other currencies, credit other people on that worth of gold and all that stuff. All fees bank get for service is in that 810 gold-backed roubles. As soon as that 5000 roubles get to recipient or withdrawn by owner, you will get just 5000 634 roubles with ~1g worth of gold. That crazy thing really have roots in giant robbery liberals did in early 1990s when USSR gold-baked roubles in cash and bank accounts that belong to people was silently replaced during money reform with that fake and backed with nothing inflationary Russian rouble. That is how banking system get all that 810 gold-backed roubles they operate with. Take 810 roubles from people and give out 643 roubles then devaluate them. Central Bank of Russia issued specific document that 810 currency code is obsolete, but obviously that is for plebs only, because in every bank paper you could find even right now all accounts and other internal stuff have 810 currency code, only cash you pay or withdraw have 643 code.

You could check it searching for "currency codes", there could be a remark that 810 code is obsolete since 1997, but that is a lie. Russian banks clearly operate with 810 rouble and we see it daily in every invoice and bill.

Also check https://www.cbr.ru/currency_base/gosbankcurs/ (use online translator) It is current rates of 810 rouble to different currencies. For example, $100 is 53.91 810 roubles. Nice exchange rate, isn't it? And no, it is not only about some fictional "USSR debts" as stated. Some enormous "Russian" oligarchs wealth in $billions have direct roots in that madness.

So, it is definitely too early to make an assumptions about any anti-NWO moves of Russian government.

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– KiloRomeo 2 points 3 years ago +2 / -0

If currencies are not liabilities but are instead equities then a useful analogy here may be normal vs preferred stock. $GOOG vs $GOOGL for example. It seems this may be how they're operating this switch.

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– KiloRomeo 1 point 3 years ago +1 / -0

Is this the most you refer to? https://www.six-group.com/dam/download/financial-information/data-center/iso-currrency/lists/list_one.xml

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– CrazyRussian 1 point 3 years ago +1 / -0

Yes, each currency have specific "currency code" that is used in banking system. One country could have multiple "currency codes" for publicly only and single country currency. Same currency, say, "US dollar" or "Russian rouble" could have different properties (including, f.e. does it backed with gold or not) when used inside banking system with different "currency codes". When you withdraw money from banking system it is only one, public "currency code". You can't withdraw money with non-public "currency codes", but banks, stocks and other elite entities could easily operate in that non-public code.

F.e. I found not only regular "US dollar" with 840 code, but also some other "US dollars" with codes 997 and 998. May be there exist another "US dollars", including that lawful money "US dollar". Intersting what they are, how they differ from 840 USD, what their specific properties and could you withdraw or exchange your regular "US dollars" to that another "US dollars".

As I understand, you have FOIA and could demand an answer to that tricky questions, interesting if anybody tried to request info about currency codes used in US banking system with description and reasons for existence.

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