If that's your objection, I have great news for you. They are proven to work, there's already scientific research in the case of Russia and Ukraine. You can't be bothered to inform yourself so I won't be bothered to search for a reference.
Please, share your "scientific research" on how they're proven to work. Every serious analysis I have read concluded the exact opposite.
And last I saw the Russian currency was doing great, and its exports are still being imported to the west, via India and other BRICs affiliates.
> And last I saw the Russian currency was doing great
1 ruble is about 1cent lol
Like I said, I'm not sharing anything because you've already made up your mind. Ive skimmed your comment history and you're one of those "america bad" committed ideologies. Sorry, there's nothing I can do for you.
You are correct, it has taken a dip recently. .011 now vs. .013 before.
The real point is that the economy is nowhere near collapsing, and by many measures doing just fine.
> You are correct, it has taken a dip recently. .011 now vs. .013 before.
You represent this ratio as 0.011 vs 0.013 to pretend it's a small difference, when in reality it's a 15% difference which is huge in forex. You're just fundamentally dishonest.
Furthermore, you have zero evidence to attribute that 15% to sanctions. It could just have easily been a result of the US Federal Reserve’s massive increase in interest rates, which has had pronounced effects on other currencies as well. You should think about your own competence before accusing others of “dishonesty”.
Considering the country is at war and the degree of sanctions waged against it, I would say 15% is laughable. Similar GDP countries have bigger swings over the same period for more mundane reasons.
If that's your objection, I have great news for you. They are proven to work, there's already scientific research in the case of Russia and Ukraine. You can't be bothered to inform yourself so I won't be bothered to search for a reference.