Vladimir Putin’s ruble is now worth less than a penny, infuriating his inner circle

alphacyberranger@lemmy.world to World News@lemmy.world – 598 points –
Vladimir Putin’s ruble is now worth less than a penny, infuriating his inner circle
fortune.com
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On Amazon you can get a 24pk of Charmin toilet paper for $37. That's $1.56 per roll.

There are 150 sheets of toilet paper on a roll so that's $0.01⁰⁴ per sheet.

The Russian ruble is at 101.00R to $1.00USD, making it equivalent to $0.00⁹ (9 mil) in USD.

It's now officially cheaper to wipe your ass with Russian money than toilet paper

If you use 1 rubel coins, sure. Personally, I prefer to splurge on TP.

Let me know once the 50 rubel note is cheaper than a sheet of TP.

If you use 1 rubel coins, sure

I'm pretty sure the metal value of a 1 ruble coin is worth a substantially more in it's weight in metal than 1 ruble

The same can be said about the US penny and nickel. Both cost at least double their value to produce.

While true for the penny at least ($0.03 melt value (for solid copper pennies before 1982)) that's the lowest value coin we have. What's a Kopeck worth vs it's metal value?

I remember it used to be 1/13 of its metal value, but I can't Google it up quickly and the ratio has probably changed since then anyway.

I'm totally imagining the coin being like the 3 seashells on hard mode.

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