See explanation on rubles here:
https://www.galtsgulchonline.com/post...

Why would that make people re-steal the election for him. Aren't their gas prices going up, too?

He's not paying for gas. He's selling his petroleum and requiring either his own currency (rubles) or a hard currency (gold) as payment.

For the first time in history, the bankers of the world have targeted a warring nation and cut them off from their supplies of foreign currency - used to purchase goods from foreign nations. Effectively, Russia has been cut off from foreign trade. And they depend on foreign trade - especially their oil revenues - to prop up their economy and maintain the power of the oligarchs. Putin is fighting back by simply redefining the terms on which he will trade his - needed - oil by requiring those purchasing nations to go around this embargo and purchase directly. It's a very smart move on his part.

The other thing it does is threaten the global petroleum markets which are largely determined by the US $. If he can show that his system works, he can entice Saudi Arabia and other OPEC nations to abandon the US $ and require payment in gold. With the US $ already weakened because of inflation, etc. this would be a disaster of unparalleled proportions and would destroy the US economy.

The other fun one is to coat a penny with an electrochemically-deposited layer of zinc and then hold the penny over a candle flame for a few seconds. You get an instant brass patina. It's fun handing them to cashiers. ;)

Thank you for clear explanation

They want more than just regime change. They want to take over and rule the world in toto. This is the One World Order - feudalism rebooted with total technological control over the populace aka Harrison Bergeron and Fahrenheit 451. It is an elimination of much of the population so that those who remain - the self-appointed elites - can have their pleasure playgrounds and getaways while the rest of us slave away providing for their lives.

He's doing enough winking and diddling, that's for sure. I'm not sure he's competent enough for anything else, however.

I forgot that. I remember in High School you take a penny after 1982 and nick the edge and drop it in hydrochloric acid. The zinc inside is hollowed out and you're left with a copper shell. Prophetic experiment.

The dollar amount is based on the silver spot for the weight of silver in the coin.
42-1945 War Nickel (35% Silver) * $1.3751 0.056264 Silver Content (Troy Ounces
Silver Mercury Dime 1916-1945 Mercury Dime $1.768 0.072339Silver Content (Troy Ounces
Silver Roosevelt Dime 1946-1964 Roosevelt Dime $1.768 0.072339Silver Content (Troy Ounces
Silver Standing Liberty Quarter 1916-1930 Standing Liberty Quarter $4.4199 0.18085Silver Content (Troy Ounces
Silver Washington Quarter 1932-1964 Washington Quarter $4.4199 0.18085Silver Content (Troy Ounces
Silver Walking Liberty Half Dollar 1916-1947 Walking Liberty Half Dollar $8.8398 0.3617Silver Content (Troy Ounces
Silver Franklin Half Dollar 1948-1963 Franklin Half Dollar $8.8398 0.3617Silver Content (Troy Ounces
Silver 1964 Kennedy Half Dollar 1964 Kennedy Half Dollar (90% Silver) $8.8398 0.3617Silver Content (Troy Ounces
40% Silver Kennedy Half Dollar 1965-1970 Kennedy Half Dollar (40% Silver) $3.6145 0.14789Silver Content (Troy Ounces
Morgan Silver Dollar 1878-1921 Morgan Silver Dollar $18.903 0.77345Silver Content (Troy Ounces
Peace Silver Dollar 1921-1935 Peace Silver Dollar $18.903 0.77345Silver Content (Troy Ounces
Eisenhower 40% Silver Dollar 1971-1976 Eisenhower (40% Silver) Dollar ** $7.7288 0.31623Silver Content (Troy Ounces
American Silver Eagle 1986-2022 American Silver Eagle (99.9% Silver) $24.416 0.999Silver Content (Troy Ounces

For durability copper and nickel so the coin is not so soft.
ilver and gold coins intended for circulation as currency are typically made this way because these metals in their pure state are very soft and wear very quickly – this is also why pure gold or silver jewelry is rarely made.

I was poking around recklessly to find when the pound fell and dollar rose and I got it wrong. Shoulda slowed down.

I never thought there ever was less than 0.999 for precious metal coins. Why bother?

I needed to refresh my memory about this history as much as I saw the need to correct your timeline.

Another interesting proof of Brit pound instability following WW1 is the debasement of Brit common silver currency from sterling (.925 fine) to .500 in 1920. US silver currency maintained its historical (.900 fine) integrity consistently until 1965 when silver was removed entirely from most silver currency intended for circulation. Kennedy halves, the major exception, were reduced to .400 for a few more years after that until silver was also completely removed from them around 1970.

Biden is selling off the Strategic National Petroleum reserve to get elected and to suck it dry and cause another crisis.

Yeeeeah, maaaybe we should look for some?

Thanks for the update.

That's poetic justice, "paying for all the money printing!"

Yeah...well...America, I'm sure, will get what it deserves. By "it" I mean the voters - dead or alive...

For the same reason that the US arranged to have the Saudis require all petroleum purchases be done in USD.
It causes demand for the USD and demand increases value.
In Russia's case it will increase demand for rubles and decrease demand for the USD, especially if other oil producers go along with it.
The petro-dollar arrangement is the only thing that has maintained the USD for the past 50 years.

Yep, they certainly do. I don't think we would like that.

I understand that, but what I dont get is why would he want rubles of all things. I would think euros would be a lot more stable than rubles. Must be some additional reason he wants rubles.

I forgot about Hong Kong. That was not good at all.

But why would Putin require Rubles of all things, unless it was some sort of method to get a better deal than the existing contract specified.

USA went willy-nilly for years printing money and sending it over to china in exchange for valuable products. USA did this to avoid inflation here in the USA . It was actually cheating China when it comes down to it. We have valuable goods, and they have worthless depreciating paper.

Its time for the chinese to NOT accept dollars from people like us who get cheaper stuff from there instead of having to pay more for USA made stuff. It would be THEN we would see major inflation here as its no longer cheaper to buy from china using dollars. We delayed the inevitable inflation we deserved for years by sending worthless paper to china (and they accepting it)

I am rambling a bit, but the USA is going to be paying for all the money printing one way or another

The seller determines the form of payment for his goods, not the buyer.

So, Xi and his violence against Hong Kong is Okay?

And if you sold something, would you take Zimbabwe Dollars? I don't think so.
You cannot afford to take potentially worthless currencies. Putin will accept GOLD or BTC as well.
Seems pretty flexible to me.

as the seller of a commodity that keeps your nation alive... You CANNOT AFFORD to take Tulip Bulbs for large purchases.
You are giving real value... And expect VALUE in exchange. Typically, you want something you can THEN TRADE for the goods/services you need. In the PAST, that was the USD. That is coming to an end.

When when that Chicken comes home to Roost... USA will see inflation and USD value destruction on par with Weimar Germany, IMO.

Being the SELLER means YOU choose the terms in what you want to sell for...

It is only because USD is now worthless to him because of the banking sanctions. He wants to be paid in gold. Wise move.

Why not just let people pay for things in whatever they WANT. What is most efficient will eventually be done. Whatever the governments want is always BAD.

Putin is a real crook (as are most all politicians) who seems to enjoy violence against people. Xi is no less a crook, but he seems to stick to violence against just the chinese in his country (at least so far). Invading Taiwan will certainly cross the line and put him in the same category as putin.

People who trust the dollar implicitly are just a bit stupid. Eventually they will realize they have been duped by othe USA government, not to say the other countries havent done the same with their currencies.

If people want to pay with tulip bulbs, I say let them. It all comes out in the end.