This is what happens to the currency when a mad dictator invades…

@Telesfor 5 March 2022 more from that month

This is what happens to the currency when a mad dictator invades another country. Unfortunately, the Russians will soon have to learn the word hyperinflation. If they want to learn more about what this means, they should contact the read.cash and noise.cash users from Venezuela or read their reports. #StopPutin

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4 comments

@muki 5 March 2022

Erdogan did this to turkish lira without a war. What a legend
t@toorandom 5 March 2022

Why it didn't happen to the USD when the US invaded Iraq?
- @Telesfor 5 March 2022
  
  Because the US economy is many times stronger than the Russian economy. Russian economy before the war was as big as the economy of Spain, soon it will be much smaller. Moreover, the US dollar is a world currency.
  - t@toorandom 5 March 2022
    
    The US dollar is the world reserve currency for now. I don't think it can last longer. I'm merely pointing out that invading nations doesn't automatically tank the currency and there are so many other factors at play.