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Re:Putin signs law to seize funds of officials that exceed d... by nannal on Sunday March 06, 2022 @01:30PM (#30579785)
> Nvidia GPUs, Intel CPUs, MacBooks, Mercedes cars, dental drills, Nikon camera and Airbus plane still cost the same amount in USD

Not that most of those matter because they aren't being sold to Russians now anyway.

Re:Putin signs law to seize funds of officials that exceed d... by ChuckNorris89 on Sunday March 06, 2022 @01:50PM (#30579974)
Why wouldn't they matter? Don't Russian citizens and businesses need stuff like computing, cars, planes, dental drills and imaging equipment to live and be productive?

As another argument, the RUB prices of MacBooks and iPhones shot up +50% the day after the sanctions were implemented. The second hand market and scalping of these goods also exploded in Russia.

And when you run out of dental drill bits, how will that not matter when you visit your dentist? Do you want him to work with a chisel and a hammer?

The average Russian will be hit hard from these sanctions as time goes on.

Re:Putin signs law to seize funds of officials that exceed d... by JumpCrisscross on Sunday March 06, 2022 @02:34PM (#30580411)
> Why wouldn't they matter?

I think the comment meant that it doesn't matter to domestic inflation because sanctioned goods can't be purchased. The latter part of which is true. The former, not--supply shocks can cause inflation as easily as money printing.

Re:Putin signs law to seize funds of officials that exceed d... by vmception on Sunday March 06, 2022 @01:40PM (#30579879)
new ones aren’t

its a gigantic country ya know