The Russian Ruble - The Gold Standard - Fiat Currencies

First published at 14:14 UTC on March 4th, 2022.
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It would seem that Russia has returned to the Gold Standard. I’ve yet to confirm this, but I believe it to be bona fide.

The Russian authorities have abolished VAT on purchases of Gold Bullion. This tax stood at 20%.

If this is true, then it is mo…

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