Ukraine has been a blessing in disguise. The United States is able to weaken the Russian federation without a single US soldier. This is money well spent
That is the point of the entire war: weaken Russia on the cheap using Ukrainian blood, not ours. I'm sure the 17 year old boys they are planning to put into the Abrams tanks will appreciate this knowledge.
As a Ukrainian I love CNN comments section, not a single russian troll, no trump bs and a great sense of humor. Great stuff for reading in spare time and learning English. Love from Odesa, Ukraine💙💛
Hahahahahaha.. Nice try troll.... I bet your not even from Ukraine and if you are what is it like to be from one of the most corrupt countries on planet earth? Still paying the Bidens?
don't say Finally -- 'cause when you know that you'll be put in jail or DISSAPER if you tell the Truth - most are too scared. but granted - this is so COURAGEOUS . but no doubt, they will pay a big pricer !
I'm sure whomever set up that ticker display is in the basement of the FSB headquarters tonight and is in some great pain right now! But he's right, pootin is a dickhead, or actually a dick-tater.
For those who say the ruble is a terrible reserve currency, I strongly disagree. I remember the toilet paper shortage of 2020, and the ruble is a fantastic alternative.
When in Communist China we always got a lot of RMB, was better quality than most Chinese toilet paper in the hotels, where they gave each guest ONLY 2 PIECES of toilet paper per DAY!
A piece of paper from the shithouse roll has more value than a piece of paper from the ruble. And as you can see now even for the toilet too bad, there helps only fire and burn.
@@babblo1389Bravo for the sane among us like you. Yellen printed 40% of my buying power away in ONE YEAR FLAT. I USED TO get a whole heaping grocery cart full of food for 100 bucks. Steaks, chops, lobster...name it. A whole MONTH of food. And these people printed my buying power away. 100 bucks barely gets you a PLASTIC bag of food these days. I see NO difference between Putin and Yellen.
I went to E. Berlin in '86, still under Soviet control. The money WAS just like monopoly money, about the same size bills, and the coins were aluminum, everything about it was fake.
Finally? The f*ck? Were you under a rock when they were being carted off and arrested for literally holding up a blank piece of paper? What is wrong with people like you
@christophermartin5742 finally what? What are they pushing back? Russia is a peace loving Orthodox Christian nation. Putin gave each Russian citizen free Universal Healthcare. Putin cleaned up Russia to where it is now a beautiful, clean, friendly, safe, vibrant, and happy place to be. All you have to do is just look up on youtube walking videos in different Russian cities and see it for yourself. Putin is protecting his people. Why are you upset with that? Do you want Russia to be like America - a deeply divided country that's full of gangs, guns, murders, drugs, illegals, hate, abortions, ignorance, overweightness, lies, gender confusion, homelessness, and violence. It's sad that you would want that. Russia doesn't.
I had a few Russian classmates in the 1970s who had defected from the Soviet Union, that's when I first heard, "we pretend to work and they pretend to pay us."
Putin has trapped Russia's economy and is taking a wrecking ball to Russia on behalf of the West. He raised interest rates to 20% to sucker bet Russians into 'buying the ruble' 20% interest rates strangle an economy and increasing rates is normally done to slow down a hot economy. Putin's economy was tanking due to the war and he raised rates 😂 His 'buffer' funds quickly ran out and they had to drop rates steadily to their current rate of 8.5% just to prevent the economy from choking. So now he has a faltering economy and a high 8.5% interest rate, and a ruble worth less than a penny. If he lowers rates to boost his economy, the rubles value plummets and people realize it is a sucker bet and a mass selloff occurs. If he raises rates to try and keep the ruble under 100, he strangles his economy further. He is already massively fudging economic data from Russia, and is counting massive military spending he hasn't funded yet as projected 'future GDP of Russia' so he can say the Russian economy is expected to grow and he is "beating useless Western sanctions" Sit back, grab some popcorn, and just watch Putin destroy Russia better than any Western weapon could.
@OriginalPiMan Then you know nothing about inflation or The Federal Reserve. YET, its in MY name not by chance, but because THEY are a big part of why homeless tents are in every city now. Thomas Jefferson WARNED us that if we let a central bank exist that printed the nation's currency, we would one day, "Wake up homeless on our own shores." Let me explain how it works and PLEASE fact check me. The Federal Reserve printed 35% of our entire currency supply last year. This caused EVERYTHING based in dollars to go up 35%. Do you grasp that or is it too college-aged for you to understand???? The other 5% cane from unscrupulous businesses adding an extra 5% to the 35%. Can you add 35% and 5%?????
To be fair, with its ruble GDP, Russia will be able to buy 2 times more tanks than the United States with its own :) All the same applies to pensioners. Russian pensioners with their rubles in stores will be able to buy 2-3 times more food on their pension than American pensioners on their pension.
@@TyphoonUSSRdo you know that Russia is not limited by Moscow? Like average Russian lives 10 years less then average American, it makes no sense to say Russians are more prosperous as their life expectancy doesn't much those of rich and developed countries
It's not about the exchange rates but about the purchasing power in such places. Yeah, $1 could exchange for 28 roubles, but how many roubles did it take to buy, let's say, a cup of premium coffee there? It's all about the purchasing power.
I'm traveling in Vietnam now and $1 = 24000 VND, but it takes 110K VND to buy a cup of Starbucks here, and almost everything else is expensive too. 😏 It's all about the purchasing power.
Gas price is 50% of the price in Scandinavia. Prices are high because the market is willing to pay the price, not because there is any scarcity of oil or because production has become more expensive. Oil companies are smiling broadly while filling up their bank accounts.
they will be arrested for sure. there are people who have just given an opinion or non positive comment on youtube in russia and a month later i find out they have been arrested and charged with various crimes like insulting the military or " spreading fake news"
Do you eat red caviar every day? Russian millionaires eat. It is not enough to have a paper dollar, you also need to be able to buy Russian red or black caviar with it.
Did you know that you could buy even more Japanese Yens than Rubles? The way it sounds "the Russian rouble is less than one penny..." Well, OK, what about the Japanese currency? It's even less than that.
@@ИванЛарзалев The problem is that while your scripted nonsense may work with some of your countrymen, outside of Russia it’s just comedy. If you REALLY believe what you wrote, try finding an adult and asking them to explain. 🙄
free school and higher education, free medicine, free sports clubs, at the birth of the first child they pay $ 10,000 to each family, at the birth of the second and the next $ 13,000, low taxes, an easy system of starting a business, a basket of groceries for a family for a week costs 30-50 dollars. The tax on a house of 300 square meters with land is $ 100 per year, free medical insurance. and how are things in your country?
What she said is true. She's talking year over year. But if what you want is: DEFLATION, then i want to warn you. This is a dangerous grenade too. Only a little bit of deflation for a short period of time is good for you economy.
I dont blame you for collecting other currencies. Yellen printed 40% of our buying power away just this last year alone. The USD aint worth owning anymore. In 1980 I could get a HEAPING grocery cart for 100 bucks. You cant get a single plastic bag of groceries for 100 bucks now. And it was THIS group, The Federal Reserve, that did it to you.
In the US, they don't eat red caviar every day, as in Russia. This is because the dollar is too weak a currency compared to the ruble. Please eat red caviar everyday to prove otherwise :)
I remember when the tall ships came to Boston in, I believe,1992, the poor sailors from Russia were desperately trying to sell their Russian money (as hopefully a collectors item), or anything else they had to sell, because the ruble suddenly became worthless. Which meant they were penniless.
@@martinha2856 OMG, the effects of the ruble being worth only a penny hurts the same in 2023 as it did in 1992. Hunger is hunger. Poverty is poverty. Some things never change.
@@martinha2856 Wow, not only are you ignorant of the facts, you are also arrogant from your misguided belief that you know so mucking futch. You have no clue. And at best have only a tentative grip on reality.
Western production has been displaced, the currency has lost its value, everything that is missing is ordered for yuan and dirhams from reliable partners. the perfect moment to gain complete independence and stability
Maybe it is just me, but she seems so out of touch with the common people. She says 70% of the people are comfortable where they are at. I truly doubt that.
That is good. To be honest I'm not even an American, so my opinion irrelevant. My daughter and her family does live in the USA, they are hanging in there, but certainly not doing better than ever. @@RedSpicyFeast1010
2:15 those prices are never going "back down". Even Janet Yellen would not say that goods and services prices would go down. And we all know why : the corporations that really run the majority of our economy have no reason to go back to pre inflation prices (because they have convinced many that it pays for the recent wage increases - despite this being an obvious lie when you look at the real numbers).
You can thank the republican packed roberts SCOUTS for deciding that corporations have the rights of individuals. That blew the doors off for big business to take over the government, as if they didn't have enough influence already 😡 🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊
People don't understand that inflation is prices going up. What we want to hear is the politicians start talking about deflation which our system is not set up for and would probably lead to collapse as well.
Wage increases are actually running well above inflation right now, and corporate profits are normal--the margins are no longer high compared to historical averages.
They cant go back. Did you not take economics in school? Do you know nothing about fiat money being created out of thin air with no backing and what it does to its value?
Big business is breathing a sigh of relief knowing that the perception of their price increase campaign is still seen as inflation, something detached from their machinations. Capitalism is safe to continue its rapacious stranglehold on Americans. Profit has more protection than if it was written into the constitution.
@@lettheflamestakeover7374 Troll, you're finally respect Ukrainian language, by saying "Lviv", instead of "Lvov". Little by little, you'll start to curse putin... Good job trolly, good job..
Prices will not go down. Greedy corporations have realized just how much the market can bear, and will not settle for a penny less unless we as consumers refuse to comply. Why is this so difficult to understand? 🤦🏻♀️🤦🏻♀️🤦🏻♀️
Corporations are making record profits. Until we have representatives willing to regulate corporate price gouging ("inflation"), people will never get a break. These price gouging corporate goons will take any and evey opportunity to rob people, and there's no one to stop them or even curtail it.
Just stop buying products that are high and change how you live. I will not buy Hellman's Mayo because $6.19 a jar is the worst kind of price gouge imaginable. Start buying cheaper things. When no one buys their overpriced junk, corporations will lower their prices. Economics. We can live without cable, delivery, and lower the thermostat in winter a bit. We can eat cheaper items and less soda. Burden thinks gas prices are just right...he is demented. Gas prices drive inflation. Always have.
@@corinnem.239 Ya, but that's easier said than done when every corporation and business is raising their prices. I guess generics are still cheaper, but even the price of those was raised. It's why they do it, they know we have nothing else to turn to essentially, when they all raises their prices, we accept the new "normal" of paying more, or we go without. When it comes to luxury items and wants, some people can refrain, but when all of your basic necessities to live also go up, and you're scraping by, you're put into a really precarious situation.
We actively let corporations make laws around themselves to eliminate competition and give them less restrictions. We need to get rid of lobbying and reinstate the free market.
I love when Erin talks about Putin , The smile on her Face reading that Putin is a Di#*Head was so funny, and the Mushroom question had me laughing Hard
Any suggestions as to how us ordinary people can ensure the ruble continues to decline ? As this is also an economic war more universal sanctions might be appropriate to increase the pressure.
Prevent terroruzzia and the ccp from stealing Western technology especially greedy corporations from circumventing sanctions. Stop exporting labor and manufacturing to tyrannical countries. Hint, hint Elon.
The people of China have 18 trillion US dollars in their hands. If tomorrow they demand that the United States exchange this paper for goods, you will either sell Alaska to Russia in order to get protection, or you will simply lose the American economy, which parasitizes on the rest of the world's economies.
There's one sector of the economy where wages have NOT gone up, Ms Yellsin. Social Security and federal retirement are tied down with the CPI boulders that Congress enposed while they make themselves mega-rich!.
@@okthumper8047 Also it can hardly be called a "sector of the economy" - those actually make money. Not to mention the Fed has no control over entitlement spending.
@@okthumper8047 after falling behind for years at less than inflation. An almost decent increase can't make up for decades of falling behind real inflation of cost of living for personal expenses. CPI is designed for businesses. Retirees are not heavily invested in fleets of trucks or corporate buildings. CPI was deliberately used to undermine Social Security.
@@okthumper8047 Did you notice from the video 02:30 that monthly household expenses have risen $709 from what they were in July 2021? If you have someone living on $1400/month Social Security, how do they survive Biden's economy? The 8.7% increase to Social Security was a cost of living increase, however the real cost of living has likely exceeded 60% or their income.
@@sandybennett_itsme i don't believe people in retirement have seen a 709 dollar / month increase in cost of living. they would not have small kids for starters so no child expenses . statistically people in retirement have the most wealth of any group. and if you depend on only social security for retirement then you didn't plan and save for it . SS was always planned as supplemental income not replacement income. i am near retirement and have not seen any such large increase , but i have always lived frugally and within my means.
Ha ha... I love that you are pissed about having to pay $4 a gallon for gas. Here in Denmark, we pay $8.7 for a gallon. Luckily our country is really small and there is water around most of it. 😂😂
I've been to Denmark. Great people, great food, beautiful land and seascapes, wonderful historic castles and buildings, clean cities etc, etc... I Loved it ❣️ 💙 🇺🇸 ❤️
@@thatotherguy7596 I'm glad you liked it. It's a good and pretty easy life here. We don't have much to complain about... although we usually complain anyway. 😁
@@DamHansenI think ppl complain because we don’t have all the social benefits you have. We have cheap gas, weed, flavored nicotine, cheap booze and junk food. Take those away and what do we have other then a strong dollar to travel with but no vacation to travel
She is taking that number from polls that are conducted methodically and scientifically. Let me also say that I've read many articles about Janet Yellen since she has been in government, and I cannot think of another economist who actually gets out more to meet people than she does. I've seen her meeting with workers at factories, farmers, and ordinary Americans in all kinds of group settings in the past 20 years. If you actually followed her, you'd see that she interacts with groups of people on a personal level much much more than almost any other academic economist. She's both a very serious scholar, a dedicated public official, and also a person who really seems to genuinely care about understanding people's economic situations on a personal level.
Don't forget: the ruble is not a freely convertible currency! The 1 cent per ruble is what the Central Bank of Russia claims! The true value of the ruble is below 0.
Saw her (Janet Yellen) on Colbert some time ago. She seems consistently sweet, VERY smart and very funny. I could watch her talk for hours. She's one of the rare people I wouldn't mind having a lifetime appointment in her position, if she wanted it.
Gas is up over the last 10 months. How do you respond? Yellen: it's not up, it's down. WTF? Who cares if it's not the worst ever.. it's still bad and not improving for families. Enough doublespeak, Janet. Just answer honestly.
Thanks for pushing back on Yellen's normalization of high prices. After 2 years of "transitory" inflation we are paying $1000 for those goods that used to cost $100.
The average Russian per capita income is a measly $6,600.00 per year or $120.00 per week which works out to about $3.00 per hour with many babushka outside Moscow and St. Petersburg on fixed monthly pensions of $100.00 or less.
it WAS $6,600 before the rubble went down the toilet. now it's closer to $5,000. don't forget, regular russians don't get paid in dollars. dollars are reserved for putin and his friends
Currencies values changes all the time. At some point the Euro also was down. Russia was recently named the 5th Economy of the world meanwhile Europe and US economy are a complete disaster with streets full of homeless, illegal immigrants everywhere, and dirty streets. Russia has very clean streets and is full of European tourist. No matter the sanctions Russia is stronger than ever.
The best solution for families is to bring back the child care credit improvement, the child tax credits. All the things of 2021 that the right would not continue
Child care is so very important for working families to keep working. Why the GOP doesn't understand this is crazy. Child care is $1,200 per month for one kid.
FRIENDS, BROTHERS FROM EUROPE, ASIA AND AMERICA 🇵🇱🇺🇸🇩🇪🏴🇬🇧🇫🇷🇨🇦🇮🇹🇪🇸🇨🇿🇸🇪🇹🇷🇵🇰🇪🇺 UKRAINIANS IN 2022 REFLECTED RUSSIAN AGGRESSION ❗ BUT UKRAINE NEEDS YOUR HELP NOW, WE ARE FIGHTING FOR THE WHOLE WORLD❗ THANK YOU 🙏 ✊🇺🇦
I hated mushrooms, but when I was in Beijing, I was brought to an all mushroom restaurant. They were delicious! Who knew there were so many kinds, each with its own flavour and texture. The best thing about China is the food, hands down.
The CEO needs to avoid windows for the rest of his life now
No great loss, they are only Russian.
... that might be a rather short time 🤔
So iOS only?
He may be suffering from defenestrarion
Fly Russian Balcony Airlines.......
Ukraine has been a blessing in disguise. The United States is able to weaken the Russian federation without a single US soldier. This is money well spent
That is the point of the entire war: weaken Russia on the cheap using Ukrainian blood, not ours. I'm sure the 17 year old boys they are planning to put into the Abrams tanks will appreciate this knowledge.
I think one of your replies was silenced. I can’t see it.
Exactly, and the majority of the aid we are giving them is old stuff that would never be used in a war with china.
What alternate universe do you live in...😅😂
From several years ago..
Way before the current situation
ua-cam.com/video/dpJo4EbfOx0/v-deo.html
As a Ukrainian I love CNN comments section, not a single russian troll, no trump bs and a great sense of humor. Great stuff for reading in spare time and learning English. Love from Odesa, Ukraine💙💛
God bless you and your family. We stand with Ukraine. Slava Ukraine💙💛💙💛💙💛❤🤍💙
Hahahahahaha.. Nice try troll.... I bet your not even from Ukraine and if you are what is it like to be from one of the most corrupt countries on planet earth? Still paying the Bidens?
Slava Ukraine, friend ❤
hahaha ....can't stop laughing....keep going....hahahaha
Good wishes to you from South Africa. Keep safe. 🌞🙏
Finally, a Russian with balls, opening their eyes and speaking the truth.
He has NO balls today!
@@khiem1939pussy USA
What do your mean "Finally"? They speak up, and are quickly jailed. Pay the eff attention.
don't say Finally -- 'cause when you know that you'll be put in jail or DISSAPER if you tell the Truth - most are too scared.
but granted - this is so COURAGEOUS . but no doubt, they will pay a big pricer !
I'm sure whomever set up that ticker display is in the basement of the FSB headquarters tonight and is in some great pain right now! But he's right, pootin is a dickhead, or actually a dick-tater.
For those who say the ruble is a terrible reserve currency, I strongly disagree. I remember the toilet paper shortage of 2020, and the ruble is a fantastic alternative.
When in Communist China we always got a lot of RMB, was better quality than most Chinese toilet paper in the hotels, where they gave each guest ONLY 2 PIECES of toilet paper per DAY!
A piece of paper from the shithouse roll has more value than a piece of paper from the ruble. And as you can see now even for the toilet too bad, there helps only fire and burn.
USA Treasury bills going same way...will be ultimate shithole country when De-dollarization hits home...
I'D BUY THAT FOR A DOLLAR!
Nice. 👍
Putin: "A ruble for your thoughts."
Me: "I'm good." 🤣🤣
Ruble equals empty coke can.
11 in recycling deposit states
Meanwhile Americans queue for handouts.
How nay yesterday rubles would you give me for my today rubles?
@@babblo1389Bravo for the sane among us like you.
Yellen printed 40% of my buying power away in ONE YEAR FLAT.
I USED TO get a whole heaping grocery cart full of food for 100 bucks. Steaks, chops, lobster...name it. A whole MONTH of food.
And these people printed my buying power away.
100 bucks barely gets you a PLASTIC bag of food these days.
I see NO difference between Putin and Yellen.
A guy just traded me a steamer trunk full of rubles for just 5 Monopoly dollars. He even threw in the steamer trunk too. 🤣🤣
You'd still lose money 😂
I went to E. Berlin in '86, still under Soviet control. The money WAS just like monopoly money, about the same size bills, and the coins were aluminum, everything about it was fake.
😂
I think you got a deal... on the trunk. You overpaid for the rubles.
@@rcknbob1
🤣
Love that the people of Russia are finally giving pushback.
Finally? The f*ck? Were you under a rock when they were being carted off and arrested for literally holding up a blank piece of paper? What is wrong with people like you
@toddflickinger8289
Keyword- finally
Trumpists giving a pushback.
@christophermartin5742 finally what? What are they pushing back? Russia is a peace loving Orthodox Christian nation. Putin gave each Russian citizen free Universal Healthcare. Putin cleaned up Russia to where it is now a beautiful, clean, friendly, safe, vibrant, and happy place to be. All you have to do is just look up on youtube walking videos in different Russian cities and see it for yourself. Putin is protecting his people. Why are you upset with that? Do you want Russia to be like America - a deeply divided country that's full of gangs, guns, murders, drugs, illegals, hate, abortions, ignorance, overweightness, lies, gender confusion, homelessness, and violence.
It's sad that you would want that. Russia doesn't.
I had a few Russian classmates in the 1970s who had defected from the Soviet Union, that's when I first heard, "we pretend to work and they pretend to pay us."
How could this one man, cause so much suffering not just to his own constituents but to the world as well.
It proves we are all one!
Easy. He does not care about the people only his and friends power.
He doesn’t see them as constituents he sees them as slave labor for him and his buddies.
You should ask Biden the same question... he started WWIII.
@@nojindoj2334 cite your source. I missed that breaking news.
Please remember: This is *still* the artificially propped up "value" of the Ruble, not the real value.
Putin has trapped Russia's economy and is taking a wrecking ball to Russia on behalf of the West. He raised interest rates to 20% to sucker bet Russians into 'buying the ruble' 20% interest rates strangle an economy and increasing rates is normally done to slow down a hot economy. Putin's economy was tanking due to the war and he raised rates 😂 His 'buffer' funds quickly ran out and they had to drop rates steadily to their current rate of 8.5% just to prevent the economy from choking.
So now he has a faltering economy and a high 8.5% interest rate, and a ruble worth less than a penny. If he lowers rates to boost his economy, the rubles value plummets and people realize it is a sucker bet and a mass selloff occurs. If he raises rates to try and keep the ruble under 100, he strangles his economy further.
He is already massively fudging economic data from Russia, and is counting massive military spending he hasn't funded yet as projected 'future GDP of Russia' so he can say the Russian economy is expected to grow and he is "beating useless Western sanctions"
Sit back, grab some popcorn, and just watch Putin destroy Russia better than any Western weapon could.
Yep. Russian ruble is not traded freely on the market because they know it would just drop hard.
The real value is very upsetting to the people who took the risk to create this post on the building
Eeeeexactly !
So why are western financial institutions and banks state that Russia has an economic growth despite sanctions and all ?
They said it would take about 2 years to affect the economy they were right .
Their economy is doing better than. Germany.
Source IMF
And Yellen printed 40% of my biying power away in ONE year flat as well.
Monsters come in lady form as well....
Inflation hasn't been 40% in America in modern history.
@OriginalPiMan Then you know nothing about inflation or The Federal Reserve.
YET, its in MY name not by chance, but because THEY are a big part of why homeless tents are in every city now.
Thomas Jefferson WARNED us that if we let a central bank exist that printed the nation's currency, we would one day, "Wake up homeless on our own shores."
Let me explain how it works and PLEASE fact check me.
The Federal Reserve printed 35% of our entire currency supply last year.
This caused EVERYTHING based in dollars to go up 35%.
Do you grasp that or is it too college-aged for you to understand????
The other 5% cane from unscrupulous businesses adding an extra 5% to the 35%.
Can you add 35% and 5%?????
@@federalreservewolflegend3523Stop being dmb!
That takes some bravery for that to hit the ticker there
Hacked, surely
@@akelevenAlmost certainly.
It's a sign that putins regime starting to blow off the seams.
Yes the same bravery that lacks in the USA. CNN is disgusting propaganda stare run media
It's in Serbia.
A sheet of my toilet paper is worth more than a ruble 😂
The going exchange rate for a ruble vs a used sheet of toilet paper is 25 to 1.
Used or new?
@@Praetor_Fenix420
Used or new?
Especially if it's your last one.
True, but remember one side is still unused! @@Praetor_Fenix420
To be fair, the ruble has always been a joke.
Yes, but it's no longer funny.
PURTID PUTIN 🤮 has earned ALL of this and more...
M 🦘🏏😎
To be fair, with its ruble GDP, Russia will be able to buy 2 times more tanks than the United States with its own :) All the same applies to pensioners. Russian pensioners with their rubles in stores will be able to buy 2-3 times more food on their pension than American pensioners on their pension.
yet a life expectancy of around 60@@TyphoonUSSR
@@TyphoonUSSR WRONG.
@@TyphoonUSSRdo you know that Russia is not limited by Moscow? Like average Russian lives 10 years less then average American, it makes no sense to say Russians are more prosperous as their life expectancy doesn't much those of rich and developed countries
yep pootin that financial wizard and military genius LOL
When I lived in Russia in the early 2000s, $1 to 28 Rubles made me feel like Bill Gates. 😁
Now you can feel like Elan Musk 😂
It's not about the exchange rates but about the purchasing power in such places. Yeah, $1 could exchange for 28 roubles, but how many roubles did it take to buy, let's say, a cup of premium coffee there? It's all about the purchasing power.
I'm traveling in Vietnam now and $1 = 24000 VND, but it takes 110K VND to buy a cup of Starbucks here, and almost everything else is expensive too. 😏 It's all about the purchasing power.
Also, when I went to Tokyo, $1 = about 100 Yen, but everything was actually more expensive than the US. 😆
Going from a 1 to 28 ratio.... to a 1 to 100 ratio, is quite significant. It’s time for Russians to get mad and replace Putin.
Gas price is 50% of the price in Scandinavia. Prices are high because the market is willing to pay the price, not because there is any scarcity of oil or because production has become more expensive. Oil companies are smiling broadly while filling up their bank accounts.
how true ! and a long running story.....................
Inflation is still insane over the last few years.
$2au a litre here in Australia
You’re welcome to stop buying gas; good luck. Prices are high because supply is constrained and countries decided to buy less from Russia
The Ruble is now Rubble. 🙂🙂
Imagine the situation when a Russian offers you a Ruble 😂😂😂
🤔😅👎 terrorussian
Whoever put that up there on that sign should do their best from now on to stay away from tall buildings and windows that open
And accepting any tea 🍵 😂
they will be arrested for sure. there are people who have just given an opinion or non positive comment on youtube in russia and a month later i find out they have been arrested and charged with various crimes like insulting the military or " spreading fake news"
That person should consider making their own tea from this moment forward.
@@palmtreewhisperer
No more underwear either.
On the plus side, I can now say with confidence that I am a Russian Millionaire.
Congratulations 😆
Do you eat red caviar every day? Russian millionaires eat. It is not enough to have a paper dollar, you also need to be able to buy Russian red or black caviar with it.
Did you know that you could buy even more Japanese Yens than Rubles? The way it sounds "the Russian rouble is less than one penny..." Well, OK, what about the Japanese currency? It's even less than that.
@@ИванЛарзалев Don't know much about economics do you. Notice the period. That means rhetorical question.
@@ИванЛарзалев The problem is that while your scripted nonsense may work with some of your countrymen, outside of Russia it’s just comedy. If you REALLY believe what you wrote, try finding an adult and asking them to explain. 🙄
If you have rubles you don't need to go out to buy toilet paper... that would be more expensive.
free school and higher education, free medicine, free sports clubs, at the birth of the first child they pay $ 10,000 to each family, at the birth of the second and the next $ 13,000, low taxes, an easy system of starting a business, a basket of groceries for a family for a week costs 30-50 dollars. The tax on a house of 300 square meters with land is $ 100 per year, free medical insurance. and how are things in your country?
Russians dont use toilet paper, only old documents or large plant leaves.
@@medic145 Looks like you are having a stroke. What are you trying to say?
RIP, whoever wrote that. 😢
it was done by a hacker
No, it is probably a Ukranian guy having a laugh at the Orcs and their falling empire. Now the Russian economy is the same as a small EU country.
Inflation has come "way down". Meanwhile, prices are STILL "way up". We should be Yellen.
What she said is true. She's talking year over year.
But if what you want is: DEFLATION, then i want to warn you. This is a dangerous grenade too. Only a little bit of deflation for a short period of time is good for you economy.
Rich & out of touch...the type of people we don't need in these positions anymore
That's called American greed.Americans are famous for it.
Why do you hate the free market?
As a collector of foreign coins and banknotes, I see this as an absolute win!
I dont blame you for collecting other currencies.
Yellen printed 40% of our buying power away just this last year alone.
The USD aint worth owning anymore.
In 1980 I could get a HEAPING grocery cart for 100 bucks.
You cant get a single plastic bag of groceries for 100 bucks now.
And it was THIS group, The Federal Reserve, that did it to you.
In the US, they don't eat red caviar every day, as in Russia. This is because the dollar is too weak a currency compared to the ruble. Please eat red caviar everyday to prove otherwise :)
@@TyphoonUSSRyou are some major crack. The Ruble is garbage right now
Agree it is. Should stock up on the Ruble. 10000 rules for 100 USD is a gold mine in the making
@@TyphoonUSSR why would I want to eat fish eggs 🤮when I can have a steak? 😋 Caviar is revolting.
I remember when the tall ships came to Boston in, I believe,1992, the poor sailors from Russia were desperately trying to sell their Russian money (as hopefully a collectors item), or anything else they had to sell, because the ruble suddenly became worthless. Which meant they were penniless.
Guy you are talking about 1992. Russia is very different now. You cannot compare 1992 and 2023.
@@martinha2856
OMG, the effects of the ruble being worth only a penny hurts the same in 2023 as it did in 1992. Hunger is hunger. Poverty is poverty. Some things never change.
@@auntbutton905 There is not hunger at all. Actually they eat better than many people in the USA. 🤷♀️
@@martinha2856 HaHaHa
@@martinha2856
Wow, not only are you ignorant of the facts, you are also arrogant from your misguided belief that you know so mucking futch. You have no clue. And at best have only a tentative grip on reality.
I want to know where Yellen got her 70% feel very good about their financial situation from.
You and me both lol
She's worth 20 million. She doesn't even know the cost of milk.
The lies they tell Americans that struggling every day.
Damn 3.85$ for a gallon of gas, and that’s bad already?
As a Dutch guy, I gladly take that.
Our gas price is like 2,30$ for a single litre.
A beautiful moment in russia....
Western production has been displaced, the currency has lost its value, everything that is missing is ordered for yuan and dirhams from reliable partners. the perfect moment to gain complete independence and stability
😂
I doubt very many people feel sry for Russia's economy. They deserve it.
“They”
Like they were all in on the fragile little man’s ego to gain more power.
@@JuICyBLiinGeR"They" left him in power after each election that he stole. Yes "they" were in on it.
@@JuICyBLiinGeRAnyone who voted for Putin is responsible.
Maybe it is just me, but she seems so out of touch with the common people. She says 70% of the people are comfortable where they are at. I truly doubt that.
70% of rich white liberals in Yellen's bubble of privilege.
America is doing better than ever
That is good. To be honest I'm not even an American, so my opinion irrelevant. My daughter and her family does live in the USA, they are hanging in there, but certainly not doing better than ever. @@RedSpicyFeast1010
We Americans should pay more attention to the Ukraine issue and increase aid to Ukraine. Now is a critical moment.
2:15 those prices are never going "back down". Even Janet Yellen would not say that goods and services prices would go down. And we all know why : the corporations that really run the majority of our economy have no reason to go back to pre inflation prices (because they have convinced many that it pays for the recent wage increases - despite this being an obvious lie when you look at the real numbers).
You can thank the republican packed roberts SCOUTS for deciding that corporations have the rights of individuals. That blew the doors off for big business to take over the government, as if they didn't have enough influence already 😡
🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊
People don't understand that inflation is prices going up. What we want to hear is the politicians start talking about deflation which our system is not set up for and would probably lead to collapse as well.
Wage increases are actually running well above inflation right now, and corporate profits are normal--the margins are no longer high compared to historical averages.
They cant go back. Did you not take economics in school? Do you know nothing about fiat money being created out of thin air with no backing and what it does to its value?
Big business is breathing a sigh of relief knowing that the perception of their price increase campaign is still seen as inflation, something detached from their machinations. Capitalism is safe to continue its rapacious stranglehold on Americans. Profit has more protection than if it was written into the constitution.
This ticket is so much funnier in Russian! Great job!
The ticker speaks truth🎉
Is it even true?😂 I thought it was the opposite
Propaganda levels getting desperate, tonight we struck at Lviv😂
@@lettheflamestakeover7374 Troll, you're finally respect Ukrainian language, by saying "Lviv", instead of "Lvov". Little by little, you'll start to curse putin... Good job trolly, good job..
@@putinhuylo5404 🤣I live in the west that’s why.
@@lettheflamestakeover7374 What putin' troll's doing in the West?
Republican companies have raised prices to get back money lost in the past, it has nothing to do with government, just greed of corporations
Those "Republican" companies like Amazon, Starbucks, Apple, McDonalds, etc. 😂😂😂
@@gfys756not those ...the ones who affect gas prices which drives everything else
@@juliec5309 Consumer demand and government policies drive gas prices.
@@btdtalso
Well, if gas prices are not high, people might start panic buying.... remember toilet papers?
@@jeckjeck3119 Did people "panic buy" gas when it was $1.29 a gallon?
Whoever put up that electronic moving sign should stay on the ground floor and avoid drinking anything from now on.
BLM do you agree?
If you paid 1 cent for a Rubble, you overpaid.
I chatted with someone from Russia and he said the Russian Ruble is worth "less than toilet paper". I hope it does not clog toilets...
👏👏👏
Price gouging … you can’t fix greed
It’s cheaper to wipe your butt with a ruble then buy toilet paper to use.
Cheaper yes, but I prefer a nice soft three ply. There is no way anything to do with Russia is going near my bottom.
Leave it to Russians to say it so literal 😂
Crazy: I just paid over seven dollars for a SINGLE cheeseburger at McDonalds. Not a meal. A *single* cheeseburger....at McDonalds. 😱
Prices will not go down. Greedy corporations have realized just how much the market can bear, and will not settle for a penny less unless we as consumers refuse to comply. Why is this so difficult to understand? 🤦🏻♀️🤦🏻♀️🤦🏻♀️
Good for them!! That’s real bravery!! Stay safe Siberia!
Siberia is China
Corporations are making record profits. Until we have representatives willing to regulate corporate price gouging ("inflation"), people will never get a break. These price gouging corporate goons will take any and evey opportunity to rob people, and there's no one to stop them or even curtail it.
Just stop buying products that are high and change how you live.
I will not buy Hellman's Mayo because $6.19 a jar is the worst kind of price gouge imaginable.
Start buying cheaper things. When no one buys their overpriced junk, corporations will lower their prices. Economics. We can live without cable, delivery, and lower the thermostat in winter a bit. We can eat cheaper items and less soda.
Burden thinks gas prices are just right...he is demented. Gas prices drive inflation. Always have.
You are there to stop them - but only by producing what they overcharge for yourself and showing you still will work for your profits.
@@corinnem.239 Ya, but that's easier said than done when every corporation and business is raising their prices. I guess generics are still cheaper, but even the price of those was raised. It's why they do it, they know we have nothing else to turn to essentially, when they all raises their prices, we accept the new "normal" of paying more, or we go without. When it comes to luxury items and wants, some people can refrain, but when all of your basic necessities to live also go up, and you're scraping by, you're put into a really precarious situation.
@@corinnem.239 Corporate greed is what is driving this "inflation", not Biden, or gas prices.
We actively let corporations make laws around themselves to eliminate competition and give them less restrictions. We need to get rid of lobbying and reinstate the free market.
I love when Erin talks about Putin , The smile on her Face reading that Putin is a Di#*Head was so funny, and the Mushroom question had me laughing Hard
I can no longer look at her because she blinks as if doing morse codes. Then she goes back to like she's falling asleep.
Most?! Most might feel better than at other times, but very many still feel economically insecure. Many people are unable to handle a $500 emergency.
I'm a millionaire in russia 😂
im worth 1 trillion ...
@@Ebbrush3 Putin will take all your money for his war soon good luck 😂
So I guess the guy with six bucks is now king in Russia.
@@williamdavis3609 Bucks in Russia are paper that no one needs.
@@dark_master_Makei no one needs russian people.
Something isn't right with Janet Yellen she seems lost.
😂😂 love that ticker tape in Siberia!
Putin: "A ruble for your thoughts."Me: "I'm good." . Imagine the situation when a Russian offers you a Ruble .
Someone is going to fall out a window…
Man, I was stationed in Honduras and the rate was 16 to 1 to convert we were living down there like kings. I can't imagine 100 to 1.
255,000 russian occupiers killed in action 😱
Beautiful
Rest in piss, vatniks.
The secretary's poll is at odds with the one the news reader provided.
Janet Yellin had to see the word dic-he-d! Now that's funny!
One thing we can know for sure: Soon, that building with the news ticker will take an "accidental" fall out of a high window of a skyscraper. Lol
Janet has lost it, I don't know anyone, acquaintance, close friend, or family that is comfortable with our financial situations...
This is great news
Any suggestions as to how us ordinary people can ensure the ruble continues to decline ? As this is also an economic war more universal sanctions might be appropriate to increase the pressure.
Make sure the pro Putinists in our government can't stop support for Ukraine.
(Talking about YOU Empty Greene and Matt Gaetz!)
Prevent terroruzzia and the ccp from stealing Western technology especially greedy corporations from circumventing sanctions. Stop exporting labor and manufacturing to tyrannical countries. Hint, hint Elon.
The people of China have 18 trillion US dollars in their hands. If tomorrow they demand that the United States exchange this paper for goods, you will either sell Alaska to Russia in order to get protection, or you will simply lose the American economy, which parasitizes on the rest of the world's economies.
Yeah resist the urge to buy a Russian car.🤣
@@normanboyes4983 Duly noted.
There's one sector of the economy where wages have NOT gone up, Ms Yellsin. Social Security and federal retirement are tied down with the CPI boulders that Congress enposed while they make themselves mega-rich!.
January 1st, 2023 Social Security had an 8.7% increase.
@@okthumper8047 Also it can hardly be called a "sector of the economy" - those actually make money. Not to mention the Fed has no control over entitlement spending.
@@okthumper8047 after falling behind for years at less than inflation. An almost decent increase can't make up for decades of falling behind real inflation of cost of living for personal expenses. CPI is designed for businesses. Retirees are not heavily invested in fleets of trucks or corporate buildings. CPI was deliberately used to undermine Social Security.
@@okthumper8047 Did you notice from the video 02:30 that monthly household expenses have risen $709 from what they were in July 2021? If you have someone living on $1400/month Social Security, how do they survive Biden's economy? The 8.7% increase to Social Security was a cost of living increase, however the real cost of living has likely exceeded 60% or their income.
@@sandybennett_itsme i don't believe people in retirement have seen a 709 dollar / month increase in cost of living. they would not have small kids for starters so no child expenses . statistically people in retirement have the most wealth of any group. and if you depend on only social security for retirement then you didn't plan and save for it . SS was always planned as supplemental income not replacement income. i am near retirement and have not seen any such large increase , but i have always lived frugally and within my means.
Best times ever, I've bought 10 thousand Rubles, they're cheaper than training pads for my pup.
That means the money's just as much as toilet paper🤣😂🤣😂
Ha ha... I love that you are pissed about having to pay $4 a gallon for gas. Here in Denmark, we pay $8.7 for a gallon. Luckily our country is really small and there is water around most of it. 😂😂
I've been to Denmark. Great people, great food, beautiful land and seascapes, wonderful historic castles and buildings, clean cities etc, etc...
I Loved it ❣️
💙 🇺🇸 ❤️
@@thatotherguy7596 I'm glad you liked it. It's a good and pretty easy life here. We don't have much to complain about... although we usually complain anyway. 😁
@@DamHansenI think ppl complain because we don’t have all the social benefits you have. We have cheap gas, weed, flavored nicotine, cheap booze and junk food. Take those away and what do we have other then a strong dollar to travel with but no vacation to travel
@@DamHansenI mean the actual country blows anywhere else out of the water. We got the best part of an entire continent
@@maxpower8429 Better education, weather, drugs, entertainment, nature, defenses, houses, cars, ect.
Hope your taking notes, China.
omg, whoever put that message on the building is AWESOME. 😂👏👏👏 i can imagine putler seething over it... lol
Janet Yellen just said over 70% of Americans feel comfortable with their financial situations. She needs to get out more.
Everyone sees doom and gloom. Many are never polled.
She is taking that number from polls that are conducted methodically and scientifically.
Let me also say that I've read many articles about Janet Yellen since she has been in government, and I cannot think of another economist who actually gets out more to meet people than she does. I've seen her meeting with workers at factories, farmers, and ordinary Americans in all kinds of group settings in the past 20 years. If you actually followed her, you'd see that she interacts with groups of people on a personal level much much more than almost any other academic economist. She's both a very serious scholar, a dedicated public official, and also a person who really seems to genuinely care about understanding people's economic situations on a personal level.
Headlines refer to the Russian building message yet why am I listening to Yellen talk about American inflation? Bait and switch vidro
Don't forget: the ruble is not a freely convertible currency! The 1 cent per ruble is what the Central Bank of Russia claims! The true value of the ruble is below 0.
First truthful reporting CNN has done in a while.
It's not inflation, it's corporate greed. As long as we let them set the prices we'll never catch up as average American consumers!😒😒😒
Wages are rising faster than prices, at least at the national level.
Yes, because governments setting prices worked so well in the past.
I want the whole world to know… i ABSOLUTELY ADORE Erin Burnett😂😂😂 “so grandma, how were the shrooms?” 😂😂😂😂 YES!🤦🏾♂️✊🏾🤣
Saw her (Janet Yellen) on Colbert some time ago. She seems consistently sweet, VERY smart and very funny. I could watch her talk for hours.
She's one of the rare people I wouldn't mind having a lifetime appointment in her position, if she wanted it.
She is great, clever and purrrteee!
@@davidwest8982 ?? What is??
I did not expect this clip about inflation and sanctions to end with the Treasury Secretary talking about psilocybin mushrooms she had in China
Yeah it kinda seemed all over the place.
Why does CNN have almost hourly videos about Ukraine but their last video on the Maui fires / the worst fire in US history, was 4 days ago???
Gas is up over the last 10 months. How do you respond?
Yellen: it's not up, it's down.
WTF? Who cares if it's not the worst ever.. it's still bad and not improving for families.
Enough doublespeak, Janet. Just answer honestly.
Only way to get Putin out of office, is to make the people feel the pain. else they'll just do a blind eye and move on with their lives.
... just as they have for the last 2 decades.
Thanks for pushing back on Yellen's normalization of high prices. After 2 years of "transitory" inflation we are paying $1000 for those goods that used to cost $100.
In Russia? Cuz I actually LIVE in America and if you're paying $1000 for what used to cost $100, when? In 1967?
@@cecilelaforce3686Prices haven't gone up much in your gated white community, right Karen?
Greedy right wing CEO's raise prices and blame it on Biden, and love it when all the idiots boo Biden. It's the perfect crime.
I'd like to meet some of these people who are "comfortable" with this economy. I don't know a single person who is "comfotrable."
After 6 minutes of droning on and on, we get a couple of seconds addressing the thumbnail. And a little trip story.
I just converted USD to a crap ton of Rubles. Can’t wait for it to go back up.
😅😅
Putin asked for it, he got it. 🤷♀️
He's not going to like it.😉
I'm a huge fan of hers now- I really appreciate her message at the end!
She's full of shit.
The average Russian per capita income is a measly $6,600.00 per year or $120.00 per week which works out to about $3.00 per hour with many babushka outside Moscow and St. Petersburg on fixed monthly pensions of $100.00 or less.
it WAS $6,600 before the rubble went down the toilet. now it's closer to $5,000. don't forget, regular russians don't get paid in dollars. dollars are reserved for putin and his friends
"Superpower"...what a joke.
The average Russian is not poked by Pfizer,
Several times.
You guys became rich off the natural resources of poor countries.
Their purchasing power parity income is same as in Eastern EU.
Winter will change everything again.
Currencies values changes all the time. At some point the Euro also was down.
Russia was recently named the 5th Economy of the world meanwhile Europe and US economy are a complete disaster with streets full of homeless, illegal immigrants everywhere, and dirty streets. Russia has very clean streets and is full of European tourist. No matter the sanctions Russia is stronger than ever.
this interview took an unexpected turn at the end, not gonna lie. 😆
The best solution for families is to bring back the child care credit improvement, the child tax credits. All the things of 2021 that the right would not continue
Child care is so very important for working families to keep working. Why the GOP doesn't understand this is crazy. Child care is $1,200 per month for one kid.
@@cecilelaforce3686 roe roe roe your vote.
Why promote creation of useless tiktok brats when they can import intelligent Asians to fulfill labor needs?
Hilarious and true.
FRIENDS, BROTHERS FROM EUROPE, ASIA AND AMERICA 🇵🇱🇺🇸🇩🇪🏴🇬🇧🇫🇷🇨🇦🇮🇹🇪🇸🇨🇿🇸🇪🇹🇷🇵🇰🇪🇺 UKRAINIANS IN 2022 REFLECTED RUSSIAN AGGRESSION ❗ BUT UKRAINE NEEDS YOUR HELP NOW, WE ARE FIGHTING FOR THE WHOLE WORLD❗ THANK YOU 🙏 ✊🇺🇦
Jannet was making me fall asleep :/ Loved beginning of the clip.
Yes! Russian people finally calling Putin what he is! "Z"alupas 😂
THE RUBLE IS NOW RUBBLE HAAAAAAAAAAAAAAAAAAAAAAA HAAAAAAAAAAA SUCKERS.
The price of one gallon in California just jumped again, thanks Newsom.
Yeah, their money is down. But who the f does Janet Yellen think she's kidding by saying that OUR gas prices are down?? She thinks we're ALL stupid.
Inflation is tied to production. Except with oil. Oil companies have made huge profits. And the president is not responsible for inflation.
I used to work at the Fed in San Francisco when Janet Yellen was the branch boss. Love that she’s still rocking the California spirit 😂🍄
California is lost its not the same and never will be.
Our tickers should read " Hey Joe how about answering real questions from real journalists".
I hated mushrooms, but when I was in Beijing, I was brought to an all mushroom restaurant. They were delicious! Who knew there were so many kinds, each with its own flavour and texture. The best thing about China is the food, hands down.
Best thing about China is how they're beating the USA at your own game 😂
@@gfys756I hope you are enjoying your fantasy world 🤣
@@thatotherguy7596 China has you beat in every metric.
Wow, she seems like a genuinely wonderful woman