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To: goldsnow who wrote (36411)	7/3/1999 1:13:00 PM
From: Jim S	Respond to of 116915

Thanks, GS. Your post opened up a new series of tangent ideas. For example, when the Soviet Union broke up, the ruble had an artificial "official" value of about 2.5R/US$. As a part of the Union, I'm sure Ukraine held a significant number of rubles which became nearly worthless in the ensuing hyper inflation. So, how else are they to pay for required materials? Barter, of course. Similarly, if the Russians want to buy Argentine beef, what will the cattle folk accept as payment? The Russians sold off most of their gold and diamonds, and so far as I know, Argentina isn't particularly interested in nuke warheads. It seems to me that reversion to barter as a necessary means of trade is a sign of a collapsing economy. So, to take Ron R's point of view for a moment, it would seem that the Russkies should be building stockpiles of chromium and palladium to butress their currency, so they can buy beef. Either that, or switch to US$ ... All this gets to be pretty confusing. Is this the point you were trying to make? jim