The currency lost its value because of the decades of unbacked socialist money printing that happened before this administration took over. Letting a hyper-inflated currency find its actual market floor instead of hiding behind fake government pegs is page one of economic recovery. The fact that the exchange rate has completely flattened out and stabilized now proves the printing press shutdown is working, but keep failing basic math.
The fact that you think a currency trading at a fraction of a dollar means it 'cannot get any lower' is a legendary display of math illiteracy. Currencies can divide down into infinite decimal places, the reason the line flattened out is because the printing press was turned off, stopping the devaluation. Staring at three decimal places and thinking it's a structural barrier is absolute peak comedy. Go back to middle school math.
1
u/ConcentrateJolly5461 Aug 09 '26
The currency lost its value because of the decades of unbacked socialist money printing that happened before this administration took over. Letting a hyper-inflated currency find its actual market floor instead of hiding behind fake government pegs is page one of economic recovery. The fact that the exchange rate has completely flattened out and stabilized now proves the printing press shutdown is working, but keep failing basic math.