Introduction – May 12, 2022
Last month Joe Biden mocked the Russian ruble as “rubble”. After the value of the Russian currency tumbled 30% following the imposition of sanctions by the U.S., European Union and U.K. in response to the war on Ukraine.
However, the Russian currency quickly recovered its losses and now, little more than a month later, Bloomberg has named the ruble as world’s best performing currency.
Ruble named world’s best-performing currency
RT.com – May 12, 2022
The Russian ruble has eclipsed 31 major currencies in growth since the start of 2022, becoming the globe’s best-performing currency, Bloomberg reported on Wednesday.
According to the publication, the ruble has strengthened against the US dollar by more than 11% since the beginning of the year. On the international currency market, the ruble exchange rate has shown even greater growth of about 12% so far.
During trading on the Moscow Exchange on May 12, the exchange rate dropped to 63 rubles against the US dollar – its strongest since February 2020, and 65 rubles against the euro – the strongest in nearly five years.
The Russian currency overtook the Brazilian real in terms of dynamics, which also showed significant growth of almost 9%. Third position in the best-performing currency ranking is occupied by the Mexican peso with a growth of 1% against the greenback.
The ruble dropped to historic lows against both the dollar and the euro in March after the US and its allies imposed severe economic sanctions on Russia over the conflict in Ukraine.
However, the Russian currency began to strengthen dramatically after the government introduced a series of support measures and has been on the rise since then. In addition to the introduction of temporary capital controls, the Russian Ministry of Finance has obliged Russian exporters to sell 80% of their foreign exchange earnings. The introduction of a ruble-based mechanism for gas export payments also helped stabilize the ruble, increasing the supply of the currency on the market and boosting the ruble demand.
Other countries, most notably, Turkey and Argentina, have also recently introduced capital controls, but failed to achieve the same results as Russia, Bloomberg notes. Since the beginning of 2022, the Turkish lira has depreciated by 13% against the dollar, while the Argentine peso is down by 12.3%.
We should focus on the separation of people into two worlds, one where people think they have to work for money and the other where money is only to be converted into other forms at the right moment and ratcheted up in value forever, with no “working” coming into it, as with any other criminal. That is all that “performing” means in a currency.
“Say buddy, a dime’s no good anymore. Can you spare a ruble?”
The rise of the ruble is no accident. If it is going up in price then who is buying it? It must be that various nations need Russian resources despite all of the negative press, sanctions and alleged pressures, and that the deals are being made in rubles. All major currencies in the rest of the world are “pegged” according to the Western bankster diktats, and so if the conflict in the Ukraine was not more NWO Kabuki theatre, why then would the money power allow such exchanges? It controls all of the other nations trading with Russia so completely and if Russia is such an enemy then why allow the trading to increase Russian wealth and power?
Just remember that Putin is a WEF puppet and therefore a Rothschild darling. It is most doubtful that Russia is as autonomous from the money power ruling global finances as it seems – a money power which has been able to lock the world down with a relatively mild bioweapon flu virus in virtual total compliance with every nation, including Russia. I suspect what we see with the rise of the ruble is a parcel of NWO negotiations and some BIS deal behind the scenes to increase the value of the ruble while inflating the rest of the totally pegged (i.e. “rigged”) currencies of the world – as a reward for its roll in helping to create the final peril of a WWIII for the “necessity” of ushering in the totally planned one-world government for “peace in our time” and to make us “safe”. For such a good slice of the Ukraine on the world chopping block and continued trading privileges, I have to wonder when Russia will abandon is support for Assad in Syria.