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A comment on 1.0 USD = 158.3 Rub. Parent comment

Re:1.0 USD = 158.3 Rub by jupp0r on Monday March 07, 2022 @12:23PM (#30590593)
This reminds me of my honeymoon vacation. My wife and our baby daughter were visiting friends in Argentina. They told us to bring our whole vacation budget in 100 EUR bills and they'd exchange it for us into Pesos on the black market at a much better rate. The physical bills were really cumbersome to carry around and keep safe - I believe the highest denomination was around 10 EUR.

This is when I understood the privilege of living in a relatively stable monetary system with a highly valued currency.

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Re:1.0 USD = 158.3 Rub by oytis on Monday March 07, 2022 @12:34PM (#30590766)
Russian monetary system was pretty stable by the way. It's not about financial institutions doing a bad job, it's just a dictator not accountable to anyone waging wars he can't afford.
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Re:1.0 USD = 158.3 Rub by nine_zeros on Monday March 07, 2022 @12:31PM (#30590706)
> This is when I understood the privilege of living in a relatively stable monetary system with a highly valued currency.

Very true. I am grateful to be living in America where people are valued and it is hard for autocrats to stay in power (Trump certainly came close). A life lived in a pariah state is a life wasted.

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Re:1.0 USD = 158.3 Rub by jafoi on Monday March 07, 2022 @12:28PM (#30590670)
Living in such a system is not a matter of privilege - Argentinians have consistently made voting choices that have put them in that position.
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