Sanctions on Russia
in War in Ukraine ·
Bryan Jones82 said:I’ve been checking out grocery prices lately, and man, some stuff is getting ridiculously expensive:
Tomatoes are over $10, potatoes are up $3.25, apples are way past $6.75.... Part of it is because the dollar is getting stronger, making things look pricier when you convert them, but honestly, most of it is just plain old inflation.
The prices don't just "look" higher; they actually are higher, even for Russians. There are tons of people over there filming videos and putting them on YouTube where they walk through grocery stores showing the old versus the new prices and the percentage increases.
As for the exchange rate, they can manipulate that however they want when their currency isn't being traded freely on the open market. But once it hits the global market, that artificial rate tends to vanish.