FuckyWucky [none/use name]
Pro-stealing art without attribution
The question of exchange rate and willingness to accumulate each other’s currencies is the big.
Just looking at ATM transactions. One country (say Russia) will accumulate more of the other country’s currency.
So if more Iranians visit Russia and withdraw cash from ATM. Russia’s Rial balance would be much higher than Iran’s Ruble balance.
Russia can use it to import from Iran. But that requires Iran to have things to export that Russia wants. If Iran has trade/current deficit, Russia will continue to accumulate “excess” Rials.
Another option for Russia would be to invest the Rials in Iran but Russia wasn’t willing to do that (different example) with India and demanding Chinese Yuan instead.
Yet another option would be for Russia to find someone else willing to hold Rials in foreign exchange markets. Eg China (it could be a Chinese business, Government, individuals) has a desire to accumulate Rials to import oil from Iran. But that requires foreign exchange markets to have enough liquidity.
This happens with Dollars too. China has accumulated literally trillions of Dollars for instance. And it’s continued willingness to hold Dollars is the only reason why US has a trade/current deficit.
Its the main issue with local currency payments. Countries can get quite selfish especially under the capitalist system.
Letter MITM attack
Math
It’s difficult to tell which part of this he is serious about. Irony poisoning.
Comparing alleged street thugs to the American deep state.
Its like comparing a burglar to a capitalist.
He thinks he’s spitting
I don’t think there is any need. Users can block the comm if they want.
