Putin: "Stick to the timeline!"

[katt_goddess]

The only time I want to hear about fugg's gross crotch is if there was a blizzard of those pics dropped on the Kremlin and everyone there vomited themselves inside-out and decided the cost of the invasion was too much. 

And no, don't any of you dare to photoshop that. I know y'all too well. 

[Master-Debater131]

 

 

Yeaaaaaaaa.........thats super

[naraku360]

4 hours ago, katt_goddess said:

The only time I want to hear about fugg's gross crotch is if there was a blizzard of those pics dropped on the Kremlin and everyone there vomited themselves inside-out and decided the cost of the invasion was too much. 

And no, don't any of you dare to photoshop that. I know y'all too well. 

We aren't talking about fuggs' crotch.

We're talking about her hooha.

[tsar4]

[Jman]

We are up to eight dead Russian generals and 34 dead Russian colonels - 

https://thehill.com/policy/international/3270780-another-russian-general-killed-amid-invasion-russian-official-says/

[tsar4]

There's a tic tok out there of a Ukrainian soldier attempting to disarm an IED.  He carefully removes the explosive pack from the triggering mechanism, peels back the paper and finds...

 

 

 

...a block of wood!

Good ol' Oligarchs - pocketing money from the Federation, delivering garbage and screwing up their Furher's "Special Operation".

[Master-Debater131]

 

[Master-Debater131]

 

Woah. 

[Jman]

 

Meanwhile Tucker Carlson just puts out a homophobic video that is somehow gayer than the entire run of the She Ra reboot.

[tsar4]

1 hour ago, Jman said:

 

Meanwhile Tucker Carlson just puts out a homophobic video that is somehow gayer than the entire run of the She Ra reboot.

It's not like he is just a foreign policy analyst -

[Top Gun]

3 hours ago, Master-Debater131 said:

 

Woah. 

Cowardly fuck couldn't even puss out without taking his family with him.

[stilgar]

14 minutes ago, Top Gun said:

Cowardly fuck couldn't even puss out without taking his family with him.

I mean, it was probably just murder murder and made to look like suicide.

[Poof]

the ruble is now worth more than it was worth the day before the invasion

[wacky1980]

9 minutes ago, Poof said:

the ruble is now worth more than it was worth the day before the invasion

ttly not being propped up by "creative" monetary policy. also, putin's reassuring his people that western sanctions have failed.

i guess either both statements are accurate, or neither are.

[André Toulon]

Just now, wacky1980 said:

ttly not being propped up by "creative" monetary policy. also, putin's reassuring his people that western sanctions have failed.

i guess either both statements are accurate, or neither are.

Neither

[wacky1980]

1 minute ago, André Toulon said:

Neither

pretty much my thoughts as well

[Poof]

8 minutes ago, wacky1980 said:

ttly not being propped up by "creative" monetary policy. also, putin's reassuring his people that western sanctions have failed.

i guess either both statements are accurate, or neither are.

well why can't we do some of that here?

[wacky1980]

6 minutes ago, Poof said:

well why can't we do some of that here?

i guess we could, if you can reasonably assume the fed and private banking systems are under total control of the gov't, and nobody decides to blow dat whistle.

[Poof]

2 minutes ago, wacky1980 said:

i guess we could, if you can reasonably assume the fed and private banking systems are under total control of the gov't, and nobody decides to blow dat whistle.

the fed isn't following its mandate now tho so how would doing its job properly make it look like its independence was compromised?

[wacky1980]

37 minutes ago, Poof said:

the fed isn't following its mandate now tho so how would doing its job properly make it look like its independence was compromised?

i like what you're doing here, drawing festive parallels btw russia and us, but i'm not really in the debate mood right now.

[Master-Debater131]

 

 

Absolutely major props to this guy.  He not only went to fight, but he was actually still reporting and doing his job while fighting the Russians.

[scoobdog]

3 hours ago, Poof said:

well why can't we do some of that here?

Because our dollar is still worth more than a nickel, and it's a major benchmark currency unlike the otherwise useless ruble.

[rpgamer]

My displays of support are limited to sharing Ukrainian artists I know of.

 

[Poof]

38 minutes ago, rpgamer said:

My displays of support are limited to sharing Ukrainian artists I know of.

 

hotkinkyjo is probably my favorite Ukrainian artist

[Poof]

3 hours ago, scoobdog said:

Because our dollar is still worth more than a nickel, and it's a major benchmark currency unlike the otherwise useless ruble.

i supposed that's true even if our dollar did lose 20% of its purchasing power since 2015

[Poof]

6 hours ago, wacky1980 said:

i like what you're doing here, drawing festive parallels btw russia and us, but i'm not really in the debate mood right now.

I'm contrasting the two monetary policies not drawing parallels between them but I think you know that just fuckered up the wording

[scoobdog]

6 hours ago, Poof said:

i supposed that's true even if our dollar did lose 20% of its purchasing power since 2015

The dollar keeps it's position because it's used by the institutions that finance global commerce.  Its strength as a currency isn't as important in that respect, though (naturally) a collapse would certainly force a lot of those same institutions out of business.

[Poof]

9 hours ago, scoobdog said:

The dollar keeps it's position because it's used by the institutions that finance global commerce.  Its strength as a currency isn't as important in that respect, though (naturally) a collapse would certainly force a lot of those same institutions out of business.

ok so back to the original question why can't we stabilize it? If your answer is bc "it's a benchmark currency" why does that prevent us from stabilizing it?

[Raptorpat]

if true

 

[Master-Debater131]

6 minutes ago, Raptorpat said:

if true

 

Thats a gooooodddd way to light a fire of an insurgency.

 

If they are going to be forced to fight one way or the other, then a whole lot of people may decide that its time to fight against the occupying force.

[scoobdog]

6 hours ago, Poof said:

ok so back to the original question why can't we stabilize it? If your answer is bc "it's a benchmark currency" why does that prevent us from stabilizing it?

Because what you're calling "stabilizing" is basically currency manipulation.  If your currency has most of its value inside your borders, then of course you can do more things to prop up its value on a temporary basis.  If the dollar were to stop being a global currency, then you could do a lot of the same things China does to control its value.  In fact, a lot of currencies are manipulated to various degrees for much the same reason that yuan is:  it's a way of creating a firewall between the global and national economies.  In general currency manipulation is an important tool for smaller nations, and it can be a part of a healthy economy as long as it isn't used, as with the Russian ruble, as an implement to blackmail or coerce foreign investments or obligations.

The big reason the US Government can't manipulate the dollar is because the goods and services the dollar buys may never touch American soil.  Consider the petroleum market for instance:  after WWII, the United States was the country most in position to capitalize on a post war boom, and, consequently, it was the biggest market for petroleum products.  Naturally, that meant that the money that for decades paid for that petroleum was the dollar.  Once other countries also underwent economic booms, the dollar was still a stable currency that was readily available, so they would also buy and sell oil in dollars.  Now, a Spanish oil refiner might still use dollars to purchase crude oil from, say, Venezuela, and representing profits for said refiner and for the Venezuelan oil company.  Either country can force them to deal with the local economies in local currency to purchase local supplies, pay local employees, and sell local services, but neither can force their respective companies to exchange the oil in local currencies because there are both other buyers and other producers who will buy and sell in the more stable US dollar.

Ultimately the reason the US can't manipulate the dollar is because it has no control of how people outside its borders use that dollar.  If you need an example of what happens when you try such a thing, look no further than Russia's failed attempt to force Europeans to purchase gas in Rubles.  It's fine to tell people inside your own country what they can use to buy gas, but if you attempt to do so with a foreign buyer you not only lose the possibility of being paid for a product you already spent money to extract from the ground, you also lose future buyers for the product.

[tsar4]

Somebody's pissed...

[Poof]

@scoobdog i called it stabilizing bc I meant stabilizing, so I meant all means to that end not any specific means to that end. Idk why you thought I had the petroruble scheme chiefly in mind. I was probably thinking more about interest rates than the oil for rubles tho

but since you brought it up i have another question... if institutions would collapse if the usd lost its status as world reserve currency, and since it became that in the first place bc it was so stable, shouldn't we stabilize it? Like it's good for us to be the worlds reserve currency right?

Edited April 21, 2022 by Poof

[scoobdog]

4 minutes ago, Poof said:

Ii called it stabilizing bc I meant stabilizing, so I meant all means to that end not any specific means to that end. Idk why you thought I had the petroruble scheme chiefly in mind. I was probably thinking more about interest rates than the oil for rubles tho

You used "stabilization" in the context of Russia's currency manipulation.

6 minutes ago, Poof said:

but since you brought it up i have another question... if institutions would collapse if the usd lost its status as world reserve currency, and since it became that in the first place bc it was so stable, shouldn't we stabilize it? Like it's good for us to be the worlds reserve currency right?

You don't need to stabilize a global currency.  If it is no longer a global currency, then the US government would manipulate it if it needs to be stabilized.

[Poof]

28 minutes ago, scoobdog said:

You used "stabilization" in the context of Russia's currency manipulation.

You don't need to stabilize a global currency.  If it is no longer a global currency, then the US government would manipulate it if it needs to be stabilized.

stable is a quality. Stabilization is to maintain stability. There's no difference between monetary policy, currency intervention, and "manipulation" anyway. Just loaded words. The same difference between a freedom fighter and a terrorist. wtf do you mean tho we don't need to stabilize it? and I mean that in both the realm of policy and the realm of are you really that out of touch w/poverty scoob?

[scoobdog]

Why would you need to stabilize a currency that is used globally?

[Poof]

So people keep using it globally, and, less importantly, so poor people don't starve...

[scoobdog]

5 minutes ago, Poof said:

So people keep using it globally, and, less importantly, so poor people don't starve...

There is no particular advantage to the average person for having a global currency.

[Poof]

14 hours ago, scoobdog said:

There is no particular advantage to the average person for having a global currency.

But you said it would make our currency more valuable if foreign countries bought stuff with it

[scoobdog]

5 hours ago, Poof said:

But you said it would make our currency more valuable if foreign countries bought stuff with it

I did not.

[tsar4]

 

[Poof]

2 hours ago, scoobdog said:

I did not.

Then why does it help the ruble to have people buy oil with it?

[scoobdog]

1 hour ago, Poof said:

Then why doesn't it help the ruble to have people buy oil with it?

Fixed that for you...

It does help, but it isn't feasible.  The currency is artificially propped up after its value since the Crimean occupation (and resulting sanctions) has been unstable.  There's no particular reason for someone not in Russia to use the ruble or, more importantly, accept the ruble   Even if the rest of OPEC decided to band together and begin insisting on ruble as a payment for petroleum, nobody in the financial world (outside of Russia) is going to follow suit and lend in rubles.  The stability that comes with trading this critical industrial commodity in a limited use currency is mitigated by it being a simple transactional exchange.  To put it another way, a currency is only as viable as its underlying fundamentals.

[Poof]

15 minutes ago, scoobdog said:

Fixed that for you...

It does help, but it isn't feasible.  The currency is artificially propped up after its value since the Crimean occupation (and resulting sanctions) has been unstable.  There's no particular reason for someone not in Russia to use the ruble or, more importantly, accept the ruble   Even if the rest of OPEC decided to band together and begin insisting on ruble as a payment for petroleum, nobody in the financial world (outside of Russia) is going to follow suit and lend in rubles.  The stability that comes with trading this critical industrial commodity in a limited use currency is mitigated by it being a simple transactional exchange.  To put it another way, a currency is only as viable as its underlying fundamentals.

Why don’t you want a stable dollar scoob

[Master-Debater131]

Moldova has started their process to join the EU. 

This comes a day or so after reports leaked that Russia is going to invade Moldova if they can complete the takeover of the Donbas and Southern Ukraine.

[tsar4]

Zelenskyy - "As for the supply of weapons, we don't care what Russia thinks about this. Although they themselves delivered a lot of equipment to us - we remember how they threw their weapons and ran away."

[Jman]

 

We’re averaging about 1 dead Russian general a week.  Most militaries don’t lose a general in their entire campaign unless they’re being invaded because they should never be so close to the front.

[naraku360]

14 minutes ago, Jman said:

 

We’re averaging about 1 dead Russian general a week.  Most militaries don’t lose a general in their entire campaign unless they’re being invaded because they should never be so close to the front.

But Russia didn't do anything wrong because 'Murica bad.

[tsar4]

Russia's GRU played the long game in setting up for war with Ukraine

 

[Poof]

7 hours ago, Jman said:

 

We’re averaging about 1 dead Russian general a week.  Most militaries don’t lose a general in their entire campaign unless they’re being invaded because they should never be so close to the front.

i can neither confirm nor deny whether or not I think a certain american agency has anything to do w/that