Russia's ruble is the world's top-performing currency against the dollar in 2022 - Conspiracies

Russia's ruble is the world's top-performing currency against the dollar in 2022 (markets.businessinsider.com)

posted 3 years ago by Corporis 3 years ago by Corporis +21 / -12

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– RagTag9899 0 points 3 years ago +2 / -2

USD is getting traded in vast quantities daily. USA does not restrict the trade of USD.

Russia has tightly restricted the ruble exchange.

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– deleted 2 points 3 years ago +3 / -1

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

USA does not restrict the trade of USD.

Do you understand, that "trade of USD" is just a tool for obtaining and selling USD (USD is just a tool too), and not a self sufficient goal? If you don't need USD, there are no any reason to trade them. Is that some revelation for "economists"? Nobody needs to keep "trading USD" just to "trade USD".

It's like VHS tapes. Some time ago many people need them, so there was a market for VHS tapes. People buy and sell them. When VHS tapes become obsolete, nobody needed them anymore, so VHS tapes market disappeared.

USD become obsolete, useless tool. Why should anybody trade them?

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