this post was submitted on 27 Nov 2024
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Microblog Memes

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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

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  1. Please put at least one word relevant to the post in the post title.
  2. Be nice.
  3. No advertising, brand promotion or guerilla marketing.
  4. Posters are encouraged to link to the toot or tweet etc in the description of posts.

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[–] HappycamperNZ@lemmy.world 23 points 3 weeks ago

Effectively, no one can buy Russian goods so no one wants to buy Russia currency.

As such, it has low value as everyone is trying to get rid of something that is worthless to them, and a willing to accept a lower price to do so.

Or using high school economics- lots of suppliers, low number of buyers, value drops.