There's no doubt extensive manipulation, but don't forget the EU is still buying ""essential"" gas and other petrochemicals from Russia. Grow a pair: Lift the ban on domestic exploration. Open the floodgates from other countries. People's are dying over cheap gas.
Ask HN: Why did the ruble stabilize and what's going on?
141–150 of 253 posts
Re: Ask HN: Why did the ruble stabilize and what's going on?
#142Earlier quoted context omitted.
> do you feel that the Russians have started to detest "West" more? It's certainly true for me and a few more people that I know. I used to be a cookie-cutter west-loving liberal, and now I'm slowly turning into a bitter vatnik. One of the things that made me change my mind (aside from diving deep into the history of the conflict after which many things started to make sense) is seeing how petty and ridiculous sancti…
As an outsider, of course I dislike the average Russian and hold him at least somewhat responsible, for two reasons: 1. his collective historical actions led to Russia being led by a mafia regime and 2. his taxes directly fund the war. > aside from diving deep into the history of the conflict after which many things started to make sense I'm very curious about that... would you mind sharing?
I find that quite surprising, actually. I absolutely don't dislike a Russian I don't know. How could I?
Maybe I don't understand this correctly. I'd like to know more about this feeling.
I am upset by the slaughter with impunity that I see of Ukraine, guilty of nothing more than being in the way. (I realize this may sound hypocritical, coming from an American, but we can talk about that.)
Re: Ask HN: Why did the ruble stabilize and what's going on?
#143Earlier quoted context omitted.
Quoted post unavailable.
> do you feel that the Russians have started to detest "West" more? It's certainly true for me and a few more people that I know. I used to be a cookie-cutter west-loving liberal, and now I'm slowly turning into a bitter vatnik. One of the things that made me change my mind (aside from diving deep into the history of the conflict after which many things started to make sense) is seeing how petty and ridiculous sancti…
It's ironic to me, given how clearly Putin's worldview presumes that power is all matters, how quick Russia has been to cry foul over sanctions. If you want to live in a world where the one with the biggest stick gets to do whatever he wants to everybody else, you should probably at least make sure you have a big stick first.
I'm sorry that your local McDonald's closed, and I do have some sympathy for the Russian people, most of whom probably wanted nothing to do with this war. I have an enormous amount of sympathy for those brave enough to speak up in the face of frankly terrifying state oppression. But honestly, after enabling that maniac for 22 years, I do think Russian citizens bear a little bit of responsibility for this senseless war (not to mention all the other ones!). And if you think that's unfair, well, how about what's happening to the citizens of Ukraine? Is that fair?
It's in everyone's interest that we all learn to get along. Nobody wants the Russian people to suffer for no reason. I hope you guys eventually figure out how to stand up an honest and functioning democracy, for your sake as well as everyone else's. But we can't condone this senseless brutality, and if that makes you see us as your enemy, that's unfortunate, but hopefully temporary.
Re: Ask HN: Why did the ruble stabilize and what's going on?
#144Earlier quoted context omitted.
Quoted post unavailable.
> do you feel that the Russians have started to detest "West" more? It's certainly true for me and a few more people that I know. I used to be a cookie-cutter west-loving liberal, and now I'm slowly turning into a bitter vatnik. One of the things that made me change my mind (aside from diving deep into the history of the conflict after which many things started to make sense) is seeing how petty and ridiculous sancti…
Re: Ask HN: Why did the ruble stabilize and what's going on?
#145Earlier quoted context omitted.
> do you feel that the Russians have started to detest "West" more? It's certainly true for me and a few more people that I know. I used to be a cookie-cutter west-loving liberal, and now I'm slowly turning into a bitter vatnik. One of the things that made me change my mind (aside from diving deep into the history of the conflict after which many things started to make sense) is seeing how petty and ridiculous sancti…
As an outsider, of course I dislike the average Russian and hold him at least somewhat responsible, for two reasons: 1. his collective historical actions led to Russia being led by a mafia regime and 2. his taxes directly fund the war. > aside from diving deep into the history of the conflict after which many things started to make sense I'm very curious about that... would you mind sharing?
You could say the same thing about Germans, and all the gas they burn.
Re: Ask HN: Why did the ruble stabilize and what's going on?
#146Re: Ask HN: Why did the ruble stabilize and what's going on?
#147Supply and demand. 1. Capital controls. Russians are legally not allowed to sell their Rubles anymore. This decreases supply and keeps prices up. 2. A healthy dose of foreign currency ($1B/day from Germany alone) gives the Russian central bank plenty of tools to buy Rubles and increase demand for it to keep prices up. This does not mean that the existing sanctions aren’t working. Eventually Russian factories will run…
Probably not. The Russian economy is unusually self-reliant, a legacy of Soviet times. It's pretty common to discover that for some niche weird thing there are only a handful of manufacturers in the world and one of them is Russian.
For example: one reason it's hard to build nuclear reactors is that the containment hull has to be made of a special kind of steel that you can only buy from two companies in the world. One is Japanese, the other Russian.
In particular their military is unusually self reliant. That's why they're famous for weapons exports rather than imports.
> I do have a subscription to the Economist
The Economist was pretty consistently writing deranged propaganda about Russia even 5 years ago so I really doubt you're getting accurate information from it now.
Re: Ask HN: Why did the ruble stabilize and what's going on?
#148Re: Ask HN: Why did the ruble stabilize and what's going on?
#149Supply and demand. 1. Capital controls. Russians are legally not allowed to sell their Rubles anymore. This decreases supply and keeps prices up. 2. A healthy dose of foreign currency ($1B/day from Germany alone) gives the Russian central bank plenty of tools to buy Rubles and increase demand for it to keep prices up. This does not mean that the existing sanctions aren’t working. Eventually Russian factories will run…
> Eventually Russian factories will run out of machine spare parts and everything will grind to a halt Probably not. The Russian economy is unusually self-reliant, a legacy of Soviet times. It's pretty common to discover that for some niche weird thing there are only a handful of manufacturers in the world and one of them is Russian. For example: one reason it's hard to build nuclear reactors is that the containment…
Re: Ask HN: Why did the ruble stabilize and what's going on?
#150Earlier quoted context omitted.
The whole world does not hate Russians. On the contrary, I've seen a lot of empathy for Russians abroad and in Russia who do not support the invasion of and atrocities in the Ukraine but still have to suffer because of the Russian government's, or rather Vladimir Putin's, actions. Obviously, yes, Russians who express support for Putin are hated, rightfully so.
"Russians abroad and in Russia who do not support the invasion" lol like Russians abroad have a choice ... it's funny to observe how the west from it's high moral ground and use or 'isms' left and right goes on to full on support of nazism. I guess nobody gave an F about Ukraine until now and all those mainstream media articles from 2014-2021 about nazism problem and anti-russian atrocities have gone ignored. Apparen…