Military Review

Russia. Central Bank. Safe bet?

106
Russia. Central Bank. Safe bet?

Step back after two years forward



The pandemic will not end tomorrow. And not even the day after tomorrow.

But why, then, is the period of a soft monetary policy of the Central Bank of the Russian Federation being injected right now?

Has the delayed negative inflationary effect really happened? Fearing of which the holders of state money stubbornly refused to give it to anyone, and perhaps never?

The period was. Even the policy was soft, perhaps. Only literally everyone in Russia worked somehow hard. If, at all, it worked. Too much has come to a standstill in the economy. Let's not point a finger at what exactly. Everyone already knows everything. But too many people were frankly indifferent to the soft policy of the Bank of Russia.

The triumphant praises that we coped with the pandemic crisis almost better than everyone else should not be misleading. With illness - yes, maybe. Although it's not over yet. But with the difficulties in the economy - there are doubts.

However, with our low base, things really may not be so scary. But then, all the more, the very need to increase the credit value of money is not clear. In addition, the price that the Central Bank allegedly dictates is available only to a few.

The paradox, when cheap (at the exchange rate) rubles, which is recognized by everyone both inside the country and abroad, are prohibitively expensive, has not gone anywhere. And, it seems, no one was going to eliminate it during all those more than two years that the Central Bank softened its "policy".

There is an obsessive feeling that it was important for the directorate of the Bank of Russia not to be soft, but only to demonstrate softness.

But in this case, is it worth now so deliberately demonstrating rigidity?

Changes.net


The fact that the rate will be raised in March was assumed, including by your authors (Why does Joe Biden turn the ruble).

But I really wanted it to happen later. Indeed, even with a very insignificant increase, both the trend and the philosophy of working with money immediately change.

Whatever it was, but a relatively affordable credit resource over the past couple of years, many have learned to seek. Banks, so those, in general, are turned inside out in order to attach free funds not to such instruments that the Central Bank itself usually uses.

You understand that we mean highly reliable and absolutely liquid foreign assets - read "American securities". Or, in the worst case, currency at all. The Central Bank has a traditional justification for this approach - there is no other way.

And the flair of the head of the Central Bank of the Russian Federation Elvira Nabiullina, covering up this vicious practice, is also the most common:

“The economy is recovering more confidently, domestic and foreign demand is growing.

At the same time, inflationary pressure intensified, and pro-inflationary risks increased.

In these conditions, we are starting to return to a neutral monetary policy ”.

Is the bet definitely safe?


But the first proposal literally suggests not an increase, but a decrease in the key rate.

And safety has nothing to do with it. Is it any wonder after this that Ms. Nabiullina is seriously telling the public that the neutral range of the key rate is from 5 to 6% per annum.

Until the rate returns to it, monetary conditions will remain soft.

This, according to the head of our Central Bank,

"Will continue to support lending, which is currently growing at an annual rate close to the highest in recent years."

Inflation is not an intervention for you


But what about the notorious target of 4% per annum, which the Central Bank of the Russian Federation has been striving for for years, burning out the banking sector with "deprivation of licenses", and at the same time all any acceptable money supply for the real sector?

You can, of course, not ring the bells. And agree with the experts who believe that

"By itself, an increase of 0,25 pp will not lead to serious consequences."

But the same experts admit that

"The average rate on bank loans was significantly higher than the levels that should be at the current key rate."

And this was during those two and a half years when the Bank of Russia

"Almost defeated inflation."

But then, as luck would have it, Covid-19 happened, followed by -20, and -21 is about to catch up. But the rate of 4% is not the most, in fact, comfortable, at least

"Included the risks of no return."

Yes, we have almost no doubt that, alas, there will be no such thing when

"If interest on loans for business grows, it is almost imperceptible."

But with the fact that

"An increase in the key rate is a signal for the beginning of an active tightening of monetary policy,"

we cannot disagree.

In the anti-pandemic frenzy in Russia, as usual, they did not follow the example of the West. And they went their own way, practically without making large cash infusions either in banks, or in industry, or in ordinary citizens. However, thus, it was not possible to achieve a significant reduction in the money supply.

This can be judged by the trends in the first months of 2021. The fact is that at the same time, global demand collapsed so strongly that the very monetary overhang was formed, which our financial authorities - the Central Bank and the Ministry of Finance - are always so afraid of.


The loan is still not visible


But the most offensive thing is that it was formed, as it were, by itself. That is, due to the fact that people had to pay, despite the crisis, including the crisis programs. Even those who otherwise would have gone bankrupt had to pay regularly.

However, as you know, literally until the last days, bankruptcy was prohibited by law. And it is very difficult to understand why few people, in general, paid attention to how synchronously the first increase in the key rate of the Central Bank and the lifting of the taboo from the institution of bankruptcy happened.

But citizens stubbornly did not want to spend in the alarming atmosphere of the "passing" quarantines and lockdowns. Most of them had nothing to save. The latter worked well against exchange rates, since no one was buying currency, but it did not help in balancing the mass of commodities and its monetary security.

The real sector of the economy is now, perhaps, no better than the workers themselves employed in it. He is actually forced to lend at inflated rates, the reduction or subsidies of which are again postponed. The executors of presidential orders will clearly continue to wait for better times.

A rate hike by a minuscule, actually 0,25 percent will almost certainly result in a full percent increase in real lending rates. Alas, but the decision of the Central Bank only once again reminded everyone that its key rate is too far from real life.

At least some of it is only in working with banks - moreover, only with those who were included in the Central Bank's semi-secret lists of "authorized", "selected", or rather - "loyal".

And what is characteristic - such lists (not “black”, but “white”, mind you) exist not only in the minds of the leaders of our absolutely independent and respected Central Bank.
Author:
Photos used:
tradernet.com, credit-online.com, journal.tkbip.ru
106 comments
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  1. Altona
    Altona 24 March 2021 15: 14
    +50
    Khazin explained well the economic policy of our state. I don't know why he used to cast his shadow over the fence. In the world economy, today's Russia is destined for the role of a raw materials appendage. The money for the raw materials sold must be kept in the West. Production technologies and simply industrial ones should come from the West. All this is sealed by the relevant international treaties, including the memorable treaty with the WTO. So all these "patriotic" antics are banal chatter and a cover operation. There are no guardians of the people up there, only the bogeymen. Therefore, there is no point in discussing why we help blacks, but why our citizens do not. Everything is geared towards pulling the country from above.
    1. WHAT IS
      WHAT IS 24 March 2021 15: 28
      +23
      Quote: Altona
      There are no guardians up there for the people

      In the Central Bank for sure. The Central Bank of the Union (State Bank of the USSR) does not at all look like it was just a state bank, and not this shop, only thinking about how to get an extra penny out of the pocket of the people. The Bank of Russia is an independent company that is accountable parliament of the Russian Federation, is not under the control of the government of the Russian Federation and is obliged to comply only with the instructions of the International Monetary Fund.
      1. dSK
        dSK 24 March 2021 18: 13
        -8
        Quote: WHAT IS
        is obliged to comply only with the instructions of the International Monetary Fund.

        Central Bank of Turkey raised the discount rate to 19% ANKARA, 18 Mar - PRIME
        Turkish lira plummets 15% on Monday, after President Recep Tayyip Erdogan fired the head of his Central Bank after raising the key rate.
        - if you replace Nabiullina with Glazyev, States the ruble will immediately collapse by a quarter..
        1. kapitan92
          kapitan92 24 March 2021 22: 18
          +16
          Quote: dsk
          if you replace Nabiullina with Glazyev, the United States will immediately drop the ruble by a quarter ..

          So what? What will happen?
          Bucks falls - prices go up, bucks - prices go up!
          How can we scare us now, especially after the 90s.
          How will it be "rolled"? Will they cancel SWIFT, sanctions on our OFZs, stop buying our oil?
          The states themselves are in full ... with their Can!

          Ruble's exchange rate
          Type Bid Ask Chg. Chg.% Time
          USD/RUB 76.301 76.311 -0.109 -0.14 22:07:26
          EUR / RUB 90.193 90.213 -0.346 -0.38
          It's in real time.
          Quote: Altona
          ... Everything is geared towards pulling the country from above.

          This is where the problem is!!!
          Fish always rots from the head.
          Today on all news channels, the Guarantor is grafted; than? when? However, the secret! laughing
          Benya was vaccinated under the camera with "Pfizer", in Israel more than 90% of the population has already been vaccinated.
          Today I went to "Leroy", the tap is leaking, on the 3rd floor there is 200sq.m. allocated for vaccinations - emptiness and bored nurses. hi
          1. The comment was deleted.
        2. Herman 4223
          Herman 4223 26 March 2021 21: 27
          +2
          They will lower the trust rating and reduce the volume of investments in the country.
          Capital inflows will decline.
          The ruble has collateral. It is backed by the assets of the Bank of Russia, these assets consist of foreign currency by three quarters or more, the volume of foreign exchange is shrinking, the collateral of the ruble is falling, it is getting cheaper. But our main inflow comes from oil and gas. For a serious collapse, you need to drop the oil price tag.
          https://youtu.be/Boww--68KlE
    2. Civil
      Civil 24 March 2021 15: 32
      +22
      outraged by the statement of the Minister of Labor, Family and Social Protection of the Population of Bashkiria, Lenara Ivanova, who on March 22 again considered that unemployment benefits were too high. In the republic, instead of 1 billion, they spent seven times more on payments to unemployed citizens. The civil servant believes that people carried this money to the store.


      Here is, in general, the whole tale:
      1. The population does not need money.
      2. The money paid cannot be spent on food, only on taxes and fees.
      3. The minister does not owe anything to the population.
      1. Alien From
        Alien From 24 March 2021 15: 43
        +22
        Thanks to the authors. Cipollino in all its glory.
        1. prior
          prior 25 March 2021 09: 39
          +3
          With Naibullina on the head of finance, Putinomics is dark even at the end of the tunnel.
          Where are we going? What are we striving for? What are we building?
          1. Alien From
            Alien From 25 March 2021 10: 37
            +4
            It looks like Potemkin villages ... what
          2. Herman 4223
            Herman 4223 26 March 2021 20: 11
            0
            We are not going anywhere, we are not striving for anything, and we are not building. This is prohibited by law for Russia. Constitution article 13 paragraph 2.
            https://youtu.be/108yQSunVrI
      2. dSK
        dSK 24 March 2021 21: 59
        +5
        Quote: Civil
        Minister nothing
        This happened in 2008, during the global economic crisis, when experts predicted the collapse of the global financial system. Despite this, the Russian Ministry of Finance, in a situation where everyone was already running away from the dollar, unexpectedly decided to invest "giant money" in mortgage bonds of American funds, which eventually burst four months later.
        This outcome was absolutely predictable, but Siluanov still took the risk. Glazyev found only one explanation for this: "Apparently, they called from America and asked - they say, support us, lend your shoulder, pour your money into our bonds so that they don't collapse. But they collapsed anyway ... And then we went with outstretched hand to get this money back.
        - despite the instructions of the President of the Russian Federation Vladimir Putin to move away from addiction and switch to the national currency,The share of the dollar in our gold and foreign exchange reserves still remains very high... /tsargrad.tv/
  2. Woodman
    Woodman 24 March 2021 15: 17
    -12%
    In the anti-pandemic frenzy in Russia, as usual, they did not follow the example of the West. And go your own way
    And what did the West do in its "anti-pandemic frenzy" that would be worthy of emulation? I'm really wondering if that.
    1. aleksejkabanets
      aleksejkabanets 24 March 2021 15: 23
      +20
      Quote: Lesovik
      And what did the West do in its "anti-pandemic frenzy" that would be worthy of emulation? I'm really wondering if that.

      The United States, for example, hated so hateful to you, handed out "helicopter money" to citizens. As far as I know, it helped small business.
      1. Altona
        Altona 24 March 2021 15: 27
        +30
        Quote: aleksejkabanets
        The United States, for example, hated so hateful to you, handed out "helicopter money" to citizens.

        -------------------------
        And ours is just a darling, he decided that there was no need to distribute money to serfs, they would all drink one thing. Well, Biden - well, such a "bad president", he handed out 5,5 pieces to the family and one and a half pieces of amerorubbles to single. Well, not a reptile, is it? laughing hi
        1. Svarog
          Svarog 24 March 2021 15: 43
          +18
          Quote: Altona
          Well, not a reptile, is it?

          But how our "got away" .. so kindly .. eloquent ..
          Biden blurted out in a fit of insanity .. and our plaster fell .. here is the power of the domestic economy ..
          1. Woodman
            Woodman 24 March 2021 15: 50
            -7
            Quote: Svarog
            Biden, in a fit of insanity, blurted out .. and our plaster fell.

            How beautiful you are now for amerskiy stood up and our ueli so ueli ...
            1. Svarog
              Svarog 24 March 2021 15: 53
              +31
              Quote: Lesovik
              Quote: Svarog
              Biden, in a fit of insanity, blurted out .. and our plaster fell.

              How beautiful you are now for amerskiy stood up and our ueli so ueli ...

              For me, they are one field of berries .. and I did not stand up for Biden, but indicated how vulnerable our economy is .. from the sneeze of the president of another country .. And our president .. for me the concept is conditional, I did not choose him and do not consider him mine. ...
            2. Ingvar 72
              Ingvar 72 24 March 2021 16: 13
              +9
              Quote: Lesovik
              and ours got away like that ...

              And you couldn't even lick! wink
              1. Woodman
                Woodman 24 March 2021 16: 21
                -15%
                Quote: Ingvar 72
                And you couldn't even lick

                This is your part. And my upbringing does not allow me to perform such actions. And you see tollerast, you are no stranger ...
                1. Ingvar 72
                  Ingvar 72 24 March 2021 17: 23
                  +17
                  Quote: Lesovik
                  And my upbringing does not allow me to do such things.

                  Thank God. we have a different upbringing. For to justify the power that destroys its own people can only ....... (well, you yourself will think of wink )
            3. aleksejkabanets
              aleksejkabanets 24 March 2021 16: 42
              +5
              Quote: Lesovik
              How beautiful you are now for amerskiy stood up and our ueli so ueli ...

              Both are good, both ours and not ours. How was it necessary? How is it in this cartoon?
          2. New Year day
            New Year day 24 March 2021 19: 33
            -1
            Quote: Svarog
            and our plaster fell off ..

            And in secret ... to the shamans laughing
        2. Sling cutter
          Sling cutter 24 March 2021 18: 01
          +8
          Quote: Altona
          Everything is geared towards pulling the country from above.

          Greetings, Friend! hi drinks
          They are geared towards the complete utilization of the country, and I will say more, they are interested in its disintegration, since there is no country, and accordingly there is no responsibility.
          1. Dwellernet
            Dwellernet 25 March 2021 13: 30
            +1
            Quote: DwellerNet
            They are focused on the complete utilization of the country and I will say more, they are interested in its disintegration


            So I have the same idea. Only this is done deliberately and under the guidance of Western curators. Otherwise, I cannot explain such a number of NATO bases around Russia. For an attack, too small a contingent and too different directions of strikes, but for intervention during the collapse of Russia, like 1917, just right.
            1. Sling cutter
              Sling cutter 25 March 2021 13: 41
              +3
              Quote: DwellerNet
              For an attack, too small a contingent and too different directions of strikes, but for intervention during the collapse of Russia, like 1917, just right.

              Glad to have met a like-minded person! Shake your hand! soldier drinks
              1. Dwellernet
                Dwellernet 26 March 2021 09: 16
                0
                It's just that all this has already happened. In the same way, the Entente kissed Nikolashka on the gums, and when the regime staggered, they began to plunder Russia from the Far East to Murman. Moreover, detailed payments for plunder were long ago ready and used by those troops that were legally in Russia at the invitation of our government and were called upon to provide military and economic assistance to Russia in World War I. By the way, corruption was also wild then, everyone stole, from the Grand Dukes to local officials. Especially on military orders. So it's silly to hope that something has changed now. But the rulers do not want to learn from the lessons of History. And in vain, at least they knew then that the Anglo-Saxons robbed all of the then Russian elite to the last thread, despite even their kinship.
      2. Woodman
        Woodman 24 March 2021 15: 30
        -21%
        Quote: aleksejkabanets
        The USA so hateful to you, for example,

        Well, for example, the USA is not the whole "West". Yes, and for the children, additional money, so hated by you, Putin allocated and paid. I don’t know about business, but there were plenty of vidos with amers left without work.
        1. Altona
          Altona 24 March 2021 15: 35
          +18
          Quote: Lesovik
          Yes, and for the children, additional money, so hated by you, Putin allocated and paid.

          ---------------------------
          Ha, so he did it for his nullamba, which came to the point, and certainly not out of compassion. We squeaked about school breakfasts and pensions, and today the Duma approved his life-long reign.
          1. Woodman
            Woodman 24 March 2021 15: 41
            -15%
            Quote: Altona
            Ha, so he did it for his zeroing,

            You are wrong, some of the payments for children are still there. This mainly concerns newborns (if I am not mistaken, they stop in April of this year) and payments for children under three years of age are preserved. In addition, the "nullyamba" with payments came just in the most difficult months, plus food sets for the same children (and the sets are not very bad) are also help.
            1. Altona
              Altona 24 March 2021 16: 33
              +17
              Quote: Lesovik
              payments for children under three years of age have been saved.

              -------------------------------
              As for "unauthorized" rallies to attend, so are children up to 35 years of age. And how to pay the money, so children are considered only up to 3 years old. Such a strange age "fork", don't you think? laughing
              1. Woodman
                Woodman 24 March 2021 17: 38
                -8
                Quote: Altona
                so children are considered only up to 3 years old. Such a strange age "fork", don't you think?

                No, I don't. If you are not aware, then a young mother has the right to be on parental leave for up to three years.
                1. New Year day
                  New Year day 24 March 2021 19: 38
                  +9
                  Quote: Lesovik
                  then a young mother has the right to be on parental leave up to three years

                  Do not indicate the size of maternity payments and the cost of children's goods during this period?
                  1. Sling cutter
                    Sling cutter 24 March 2021 19: 59
                    +15
                    Quote: Silvestr
                    Do not indicate the size of maternity payments and the cost of children's goods during this period?

                    Comrade, he will not say anything, but he will troll, the TV thinks for him. And he does not know that the cost of living in the Tula region is 9100 rubles, and in the Moscow region, more than 12, the regions did not come out with a snout.
                    Since December I have been faced with the registration of a pension and realized that I was in HELL !!! Alikheil, "Magistral", "Barrier" is a detsky matinee in comparison with the current system.
                    1. Woodman
                      Woodman 24 March 2021 21: 49
                      -6
                      Quote: Stroporez
                      TV thinks for him. And he does not know that the cost of living in the Tula region is 9100 rubles, and in the Moscow region it is more than 12,

                      Well, Echo of Moscow seems to think for you. I'm not really interested in what the cost of living in the Tula and Moscow regions is, but suddenly it turned out that it was 11000 and 13800, respectively. Even if we assume that we are talking about pensioners, then this minimum in Tula is 10000 without three rubles. But Stroporezu just to blurt out. In my region, the subsistence level is the same as in Tula.
                      1. Sling cutter
                        Sling cutter 24 March 2021 22: 07
                        +8
                        Quote: Lesovik
                        Moscow regions, but suddenly it turned out that these are 11000 and 13800, respectively. Even if we assume that we are talking about pensioners, then this minimum in Tula is 10000 without three rubles.

                        Are you straight, some kind of tireless troll and you, damn it, think that people in Zamkadye are worse by three thousand Putin's handouts? Or do you want to tell me that a Russian is worthy of a pension of less than 150 euros?
                      2. Woodman
                        Woodman 24 March 2021 22: 15
                        -8
                        Quote: Stroporez
                        You are straight, some kind of tireless troll

                        Those. above you scream in the hope that I will not see? So you're not even a troll, but ... a troll baby.
                        Quote: Stroporez
                        and you, blig, think that the people in the castle are worse by three thousand Putin's handouts?

                        I'm just wondering from which manuals you take the numbers. Above you lied and here you whine about some handouts ...
                      3. Sling cutter
                        Sling cutter 24 March 2021 22: 25
                        +9
                        Quote: Lesovik
                        I'm just wondering from which manuals you take the numbers. Above you lied and here you whine about some handouts ...

                        You are a stupid troll who foul branches for denyuzhku, of which over 8 years on the site I have seen a great many. Get lost. am
                      4. Woodman
                        Woodman 24 March 2021 22: 27
                        -5
                        Quote: Stroporez
                        Quote: Lesovik
                        I'm just wondering from which manuals you take the numbers. Above you lied and here you whine about some handouts ...

                        You are a stupid troll who foul branches for denyuzhku, of which over 8 years on the site I have seen a great many. Get lost. am

                        Look at yourself. And follow your own advice.
                        And then you see, he was offended, they prevented him from lying ...
            2. Woodman
              Woodman 24 March 2021 21: 43
              -5
              Quote: Silvestr
              The size of maternity payments and the cost of children's goods

              You stubbornly refuse to answer my questions, but ask your own ... But I will answer. The size of the maternity is the earnings for 140 days. From an official employee. If you meant childcare payments - this is 40% of the salary + Putin's payments in the amount of the subsistence level per child. Suddenly, huh?
              As for children's goods, there is now a huge selection for any wallet. The same infant formula is available at a price of 100 to 1000 rubles and more per can. And cheap doesn't always mean bad. And the same mixtures as an example. And so with all goods. Much depends stupidly on the brand and the greed of the owner of the outlet.
      3. Herman 4223
        Herman 4223 26 March 2021 20: 23
        +1
        Payments remain, and they are not only up to three years, from three to seven years too. In April, there will be an increase in payments for the poor to one hundred percent of the subsistence level in the region.
    2. sergo1914
      sergo1914 24 March 2021 16: 24
      +4
      Quote: Altona
      The Duma approved his reign for life.


      Boris Nikolaevich, at his age, uttered the phrase “I'm tired. I'm leaving".
      And sort of set the trend. Is not it so?
      1. Fan-fan
        Fan-fan 24 March 2021 21: 17
        -7
        It is for this that Boris Nikolaevich can be respected. And Boris Nikolayevich did not build such palaces, did not wear a watch for 2,5 million. And the officials of Boris Nikolaevich were poor in comparison with the current ones.
    3. Svarog
      Svarog 24 March 2021 16: 46
      +14
      Quote: Altona
      Ha, so he did it for his zeroing,

      I found poems on the Internet ..
      Gabrila was a good king, the people of Gabril adored.

      Gavrila did not sleep days and nights, he composed fairy tales for the people.

      There are miracles, there the devil wanders, he brings fear to Europe.

      The mermaid hangs on the branches and all America is threatened.

      But you, in my country, have Me, on a war horse.

      And soon there will be good luck for everyone - some an apartment, others a dacha

      Work, bread and everything in abundance - such is my order!

      The people diligently listened to fairy tales and believed that it would get better.

      But time passed.

      Friends of the king without wasting time

      They built chambers for themselves, and casemates for the people.

      The king otrohali palace and money suddenly came kapets.
      Said the people - our glorious king, our hope, sir

      Well, money is like the wind with us - I bought food and did not notice!

      Would the children still have boots so that their legs would not freeze?

      You promised us all the chambers, and we see only the casemates.

      This is how the old king answered them:

      I, the great sovereign

      No money but you hold on

      If you can't, then go to sleep

      Tomorrow will be a new day, the wattle must be patched

      We need to gather an army, suddenly some army

      The foreign one will come and will not find you at home.

      I'll save myself with my friends, but I'm not worried about myself

      All about you is my torment

      Here's how I get up from early morning, and tea does not pour into my mouth

      All thoughts, but what about the people?

      How did he sleep and rest? Suddenly, he was lying on the edge?

      It’s better right on the side, otherwise the top will suddenly come!

      The people were surprised here:

      What is this vegetable garden?

      Are you out of your mind? Or baked for you?

      Or are you a wretch that you trade all over the country?

      You, Gavrila, don't lie to us,

      Do not bring it to sin,

      We're calm outside, but very violent inside.

      Get off your horse, give the people power

      Otherwise it will be bad - we can get into the crown of the head.

      This tale is not the end.

      Who will be the good fellow?

      Well, and who is not a good fellow, then a scribe will come to him!
  3. New Year day
    New Year day 24 March 2021 15: 49
    +4
    Quote: Lesovik
    I don't know about business

    So look! There is even a 50-page report on the actions of all countries in the world in a pandemic.
  4. Sling cutter
    Sling cutter 24 March 2021 17: 56
    +17
    Quote: Lesovik
    Well, for example, the USA is not the whole "West". Yes, and for the children, additional money, so hated by you, Putin allocated and paid. I don’t know about business, but there were plenty of vidos with amers left without work.

    In the Russian Federation, social assistance to the population was the lowest of all the developed countries of the world.
    At the same time, the president's friends became rich by $ 62 billion.
    1. Mishka78
      Mishka78 25 March 2021 12: 41
      -1
      Well, stop talking nasty things. They are not friends of the president, but socially responsible businessmen. It's not a shame. Thanks to budgetary assistance to these people, thousands of people have not been left without work and continue to work and pay taxes regularly!
  5. New Year day
    New Year day 24 March 2021 19: 36
    +4
    Quote: Lesovik
    Yes, and for children, additional money, so hated by you, Putin allocated and paid

    Up to 14 years old? And after 14 years old they are no longer children?
    1. Altona
      Altona 24 March 2021 20: 09
      +4
      Quote: Silvestr
      Up to 14 years old? And after 14 years old they are no longer children?

      ---------------------
      If they went to an "unauthorized meeting", then the children. laughing
  • forty-eighth
    forty-eighth 24 March 2021 15: 29
    +2
    Apparently the authors meant "helicopter money". They were flooded with the 2008 crisis (albeit in a more complex version through a voluntary-compulsory consolidation with an additional issue of non-voting preferred shares with the subsequent redemption of the latter by the state), they are also flooded with a covid crisis.
    1. Woodman
      Woodman 24 March 2021 15: 36
      -15%
      Quote: forty-eighth
      Apparently the authors meant "helicopter money".

      I would agree with you, but I only know about "helicopter money" in the states, while the authors talk about the collective West, and not about the states alone. That's why I had such a question.
      1. Revival
        Revival 24 March 2021 15: 50
        +24
        On a hustle,
        From 23.03.2020:
        "In connection with the COVID-19 pandemic, an anti-crisis program has been adopted in Germany. Affected micro-enterprises and self-employed will be paid 9-15 thousand euros and compensation in 67% for part-time work.
        All enterprises with a staff of no more than 5 people will be paid a one-time payment for the next three months up to 9 thousand euros. Firms with no more than 10 employees can count on amounts of up to 15 thousand.
        Anyone who is temporarily unemployed or with less earnings is also called upon to help such a nationwide measure as a ban on homeowners to terminate leases with tenants who are unable to pay regularly. "
        from 28.10.2020:
        "The German government intends to reimburse most of the income to small companies in connection with the introduction of new restrictive measures in the country due to the spread of coronavirus infection," German Chancellor Angela Merkel said during a press conference, Reuters reported.

        She explained that we are talking about enterprises with up to 50 employees. They will receive 75% of their November 2019 revenue. "
        1. Woodman
          Woodman 24 March 2021 16: 15
          -4
          Quote: Revival
          On a hustle,

          One of the few, very few substantive answers to my harmless question. Thank you hi
          1. New Year day
            New Year day 24 March 2021 19: 39
            +3
            Quote: Lesovik
            One of the few, very few substantive answers to my harmless question. Thank you

            Are you satisfied?
            1. Woodman
              Woodman 24 March 2021 19: 57
              -3
              Quote: Silvestr
              Are you satisfied?

              Your answer?
              1. New Year day
                New Year day 24 March 2021 21: 03
                0
                Quote: Lesovik
                Your answer?

                The answer to your question?
                Quote: Lesovik
                And what did the West do in its "anti-pandemic frenzy" that would be worthy of emulation?
          2. Motorist
            Motorist 24 March 2021 23: 48
            +4
            Quote: Lesovik
            One of the few, very few substantive answers

            Lesovik, I have commented below what I copied Revival.
            1. Woodman
              Woodman 25 March 2021 00: 22
              -2
              Thank you, in fact, I was trying to get someone to do even the slightest analysis of the results obtained, but people zealously rushed to admire the West and curse their own ... As in a fable
              We know there are still families, Where our hayut and scold, Where they look with affection At foreign stickers ... And bacon ... they eat Russian!
        2. Motorist
          Motorist 24 March 2021 23: 41
          +2
          Quote: Revival
          in Germany ... thousand euros ... compensation

          Revival, I don't remember exactly - to whom (maybe you) I have already explained (after talking with entrepreneurs from Germany) that:

          - this money is a loan, it will be necessary to return;
          - you can only spend on production needs;
          - Emergency Schnicks do not take this money - it will be more expensive for themselves.

          Do you have other information from entrepreneurs?
      2. forty-eighth
        forty-eighth 24 March 2021 15: 52
        +1
        "Helicopter money" as a term appeared in 2008 and just meant not direct payments to the population, but targeted support of huge companies. For the USA in 2008, these were the largest investment and commercial banks, insurance companies and mortgage conglomerates.
        Similar measures were taken in 2020 by Germany and the United Kingdom. The United States distributed money to the population.
        In my opinion, the West has not demonstrated any other adequate measures to overcome the coronavirus crisis.
  • Svarog
    Svarog 24 March 2021 15: 29
    +16
    Quote: Lesovik
    In the anti-pandemic frenzy in Russia, as usual, they did not follow the example of the West. And go your own way
    And what did the West do in its "anti-pandemic frenzy" that would be worthy of emulation? I'm really wondering if that.

    The West has made Russia a raw material appendage, and as long as we do not have our own hard currency, industry, high-tech production, it’s ridiculous to discuss any "frenzy" of the West. It is necessary to discuss why everything is so with us and why the elite does nothing to ensure that we are economically independent.
    1. Woodman
      Woodman 24 March 2021 15: 34
      -13%
      Quote: Svarog
      The West made Russia a raw material appendage

      Either you think that the West did it directly in the "anti-pandemic frenzy", and not after the collapse of the Union, or you are not answering my question now ...
      1. Svarog
        Svarog 24 March 2021 15: 38
        +21
        Quote: Lesovik
        and not after the collapse of the Union, or you were not answering my question now ...

        The union collapsed already 30 years ago .. And in 30 years the "reformers" have not created anything .. well, except for propaganda in the style of "not smart himself"
        It is not clear what does the "anti-pandemic frenzy" of the West have to do with our economy?
        1. Woodman
          Woodman 24 March 2021 15: 45
          -10%
          Quote: Svarog
          And nothing in 30 years "reformers" have created ... well, except for propaganda in the style of "not smart himself"

          What exactly would you like? And then you and I probably have different concepts regarding the term "nothing". And you said that you yourself have been working for Western corporations practically all these years. And could they be useful to the Fatherland ...
          Quote: Svarog
          It is not clear what does the "anti-pandemic frenzy" of the West have to do with our economy?

          Well, how about what? About what the authors are talking about - I brought a quote and you even copied it ...
          1. Svarog
            Svarog 24 March 2021 15: 50
            +20
            Quote: Lesovik
            What exactly would you like? And then you and I probably have different concepts regarding the term "nothing". And you said that you yourself have been working for Western corporations practically all these years.

            If you remember where I worked .. you probably know what I would like .. and above I said about it again ..
            And I don't work in Western offices ... unfortunately for 7 years already ... but unfortunately, because the Labor Code of the Russian Federation was strictly observed there and there was something to learn, in contrast to domestic individual entrepreneurs ..
            And could they benefit the Fatherland ...

            And I brought no small benefit to the Fatherland in the form of deducting taxes, with a very not bad salary at that time ... and for this too .. But the Fatherland threw me with the pension reform ..
            1. Woodman
              Woodman 24 March 2021 16: 01
              -18%
              Quote: Svarog
              .that surely you know what I would like.

              I can roughly imagine, but I don’t remember your suggestions on how to achieve this without serious upheavals for the country and the people. And so, of course, I am also for all good versus all bad.
              Quote: Svarog
              And I brought no small benefit to the Fatherland in the form of deduction of taxes,

              Probably the profit that you brought to Western companies was significantly greater than the amount of taxes you paid. They don't work there at a loss.
              Quote: Svarog
              But the Fatherland dumped me with the pension reform ..

              Alas, the pension system based on the principle of "young people contains the old" was not invented by this government, and the founders of such a system could hardly have foreseen the collapse of the state and the grandiose demographic crisis caused by this collapse ... But we are not talking about pensions now, right?
              1. Svarog
                Svarog 24 March 2021 16: 07
                +17
                Quote: Lesovik
                I can roughly imagine, but I don’t remember your suggestions on how to achieve this without serious upheavals for the country and the people. And so, of course, I am also for all good versus all bad.

                Political tools in the form of fair competition have been destroyed .. now there is no way without shocks .. but how serious they will be .. there is a question .. and one can only guess .. and the facts are that now everything is very serious .. what could be more serious than the decline population of 700 tons per year .. and this year already one and a half million will decrease .. we are dying out .. isn’t it serious?
                Alas, the pension system based on the principle of "young people supports the elderly" was not invented by this government

                Of course not this one ... this one hasn't invented anything at all .. And one would think .. but they think purely about themselves ..
                1. Woodman
                  Woodman 24 March 2021 16: 14
                  -13%
                  Quote: Svarog
                  what could be more serious than the population decline of 700 tons per year .. and this year already one and a half million will decrease .. we are dying out .. is it not serious?

                  Believe it or not, I recently took my wife from the hospital, so there was a queue to be discharged, I waited almost an hour for our turn to come ... Yes, and my wife said that all the wards were occupied and there were not enough places. And the maternity hospital (or, as it is right, the perinatal center) is new, much larger in area and number of storeys than the one that used to be ... All the same, self-isolation did not go in vain ... It, of course, may not be queuing every day, but so I was exactly in line and got into ...
                  1. Svarog
                    Svarog 24 March 2021 16: 21
                    +15
                    Quote: Lesovik
                    Believe it or not

                    Believe it or not .. there are official figures .. that do not share your observations .. And then, to give birth to one, and to grow up with our optimized medicine .. and the level of income .. is not an easy task.
                    I congratulate you on the birth of your daughter. And where is such a boom in fertility?
                  2. aleksejkabanets
                    aleksejkabanets 24 March 2021 16: 48
                    +13
                    Quote: Lesovik
                    And the maternity hospital (or as it is correct - the perinatal center) is new, much larger in area and number of storeys than the one that used to be ...

                    This means that somewhere the maternity hospital was closed, as we have for example (Kovid hospital), and women in labor are being taken from nearby places to you.
              2. Altona
                Altona 24 March 2021 20: 15
                +7
                Quote: Lesovik
                Alas, the pension system is based on the principle of "young people support old people"

                ----------------------------
                Are you talking about the so-called solidarity system or alimony maintenance? The modern economy, fortunately or unfortunately, dictates a reduction in working hours, because a person must develop more creatively. A creative person can many times more than a simple performer, who is increasingly being replaced by robots. The notorious social product, it does not diminish and the ability to pay pensions and benefits is fully preserved, unless, of course, this social product is pulled into well-known pockets. But the power and the money of those who hold the priorities for the security forces and propagandists, but not for the ordinary person.
            2. The comment was deleted.
            3. begemot20091
              begemot20091 29 March 2021 06: 56
              0
              "And I am not small for the Fatherland" - NEMALY; not a bad salary - "NOT BAD". "I would have learned Russian just for that ..."
    2. New Year day
      New Year day 24 March 2021 15: 47
      +13
      Quote: Svarog
      The West made Russia a raw material appendage

      You are wrong! This was done by our government, which was bursting with cooperation and thousands of tons of dollars, which did not invest in the economy and development of the country, but were stored in stacks
    3. Dwellernet
      Dwellernet 25 March 2021 13: 41
      +3
      What is there to discuss? Do you remember how Putin was chosen? Yeltsin came out, said: "I am tired, I am a muhozhuk. Here is my VVP receiver." This means that he was chosen from among several candidates, checked for loyalty to his owners and stored the necessary amount of compromising evidence on him. And for this reason, he began to select companions for himself. And you wonder why the Russian elite does nothing for the country.
  • New Year day
    New Year day 24 March 2021 15: 45
    +5
    Quote: Lesovik
    And what did the West do in its "anti-pandemic frenzy" that would be worthy of emulation?

    Supported by the population, small and medium-sized businesses
    1. Woodman
      Woodman 24 March 2021 15: 47
      -12%
      True? And in more detail, without general phrases, can you? And preferably not with pictures, but with words, even with statistics.
      1. New Year day
        New Year day 24 March 2021 15: 54
        +7
        Quote: Lesovik
        True? And in more detail, without general phrases, can you?

        And most in any way? Curiosity develops the mind
        1. Woodman
          Woodman 24 March 2021 16: 06
          -12%
          Quote: Silvestr
          And most in any way?

          No, no way. Yes, and you must somehow confirm your words ... Otherwise, why then was it possible to answer my question at all?
  • Bolt cutter
    Bolt cutter 24 March 2021 16: 37
    +12
    And what did the West do in its "anti-pandemic frenzy"
    Since the beginning of the pandemic, the UK has paid 80% of the earnings to those forced to stay at home. And now it continues until September. When restaurants were opened (in August), their visit was stimulated by the payment of half of the food bill with a special state subsidy program (within certain limits).
    1. Woodman
      Woodman 24 March 2021 17: 42
      -14%
      Quote: Bolt Cutter
      The UK paid 80% of their earnings to those forced to stay at home.

      Officially employed in Russia are paid 60% of their earnings in this case. Don't say you didn't know.
      1. Bolt cutter
        Bolt cutter 24 March 2021 17: 46
        +2
        Well ... and you are all terribly bad belay and you are not satisfied. What other support measures are needed? By the way, you can live quite normally in English 80%.
        1. Altona
          Altona 24 March 2021 20: 19
          +8
          Quote: Bolt Cutter
          What other support measures are needed?

          ----------------------------
          By the way, the majority of those present would not have any questions to the authorities if the authorities did not come up with new extortions from the population, new bans and other negative legal activities, so to speak. And she herself rocks all the boats, changing the rules of the game and immediately blames the dissenters for this, threatening almost executions in the squares (by the way, lovers of such methods with peaceful civilians are a war crime without a statute of limitations).
      2. aleksejkabanets
        aleksejkabanets 24 March 2021 18: 19
        +1
        Quote: Lesovik
        Officially working

        Do we have a lot of officially employed people?
        1. Woodman
          Woodman 24 March 2021 18: 41
          -12%
          Quote: aleksejkabanets
          Do we have a lot of officially employed people?

          And what prevents you from working officially?
          1. aleksejkabanets
            aleksejkabanets 24 March 2021 18: 52
            +13
            Quote: Lesovik
            And what prevents you from working officially?

            Lack of jobs with official registration (with a salary at least slightly above the subsistence level). At least in my region. What country do you live in? It is not clear from your comments what kind of fabulous country you have.
  • A. Privalov
    A. Privalov 24 March 2021 15: 24
    +23
    The crane operator had two daughters - Elvira and Elmaina ...
    1. tihonmarine
      tihonmarine 24 March 2021 15: 47
      +3
      Quote: A. Privalov
      The crane operator had two daughters - Elvira and Elmaina ...

      El Vira was not my daughter, El Mayna my beloved daughter.
      1. Ingvar 72
        Ingvar 72 25 March 2021 05: 47
        +2
        Quote: tihonmarine
        El Vira I was not loved daughter

        Then I look, Nabiullina was really not loved in childhood ... laughing
  • rocket757
    rocket757 24 March 2021 15: 33
    +7
    But why, then, is the period of a soft monetary policy of the Central Bank of the Russian Federation being injected right now?
    Why, then, do you not love so much ... the people of that country, who, it seems, entrusted them with such serious posts?
    1. Svarog
      Svarog 24 March 2021 15: 40
      +10
      Quote: rocket757
      But why, then, is the period of a soft monetary policy of the Central Bank of the Russian Federation being injected right now?
      Why, then, do you not love so much ... the people of that country, who, it seems, entrusted them with such serious posts?

      Because the people did not trust anything .. our people's power ended with the collapse of the USSR.
      1. WHAT IS
        WHAT IS 24 March 2021 15: 43
        +14
        Yes, now it is not people's power. The bourgeoisie returned it to themselves at 91.
        1. Svarog
          Svarog 24 March 2021 15: 43
          +8
          Quote: WHAT IS
          Yes, now it is not people's power. The bourgeoisie returned it to themselves at 91.

          And they drive us back to 91 ..
          1. evgen1221
            evgen1221 24 March 2021 16: 10
            +12
            Quite a plan. Some cards and a otovarka of herring and bread in their store, others raising personal ratings in Forbes from their knees.
    2. New Year day
      New Year day 24 March 2021 15: 51
      +8
      Quote: rocket757
      Why, then, do you not love so much ... the people of that country, who, it seems, entrusted them with such serious posts?

      It was not the people who gave them these posts, but the EBN and the clan. They use the people on election day and nothing more.
  • nnm
    nnm 24 March 2021 15: 52
    +14
    Everything is much simpler and scarier. The reasons stated by the Central Bank of the Russian Federation itself:
    1. Curbing inflation - "Look what a great monetary policy we have, even in times of crisis we have low inflation! What great pros we are!"
    2. Planned increase in budget expenditures - "Investing in your own economy ?! You're out of your mind! Immediately withdraw the" free "money from the economy! Under no circumstances should free resources appear for investment!"

    What our Central Bank is doing during the crisis is simply not comprehensible to the mind! How can the pressure on the same business be increased in the form of an increase in interest on loans, when it is already in a semi-swooning state ?! But we are not even now nationalizing this institution!

    Although .... the same Mishustin fully supported the decision of the Central Bank and called it "balanced and adequate." So the question is not about the nationalization of the Central Bank.
    1. evgen1221
      evgen1221 24 March 2021 16: 08
      +5
      I suppose these are just a pitchfork to the side or a gram of lead will already be corrected and not by some mythical evolution, which, like communism once did, must be waited for by pulling the last panties to a new villa and a yacht for those who are smoother.
  • evgen1221
    evgen1221 24 March 2021 16: 05
    +2
    Speaking of (pandemic). Congratulations on the two-week quarantine anniversary!
  • Daniil Konovalenko
    Daniil Konovalenko 24 March 2021 16: 19
    +4
    Who is really independent in the Russian Federation is the Central Bank of the Russian Federation ... it has its own sovereignty and the Constitution, etc. laughing
  • Keyser soze
    Keyser soze 24 March 2021 16: 57
    +8
    Russia, as usual, did not follow the example of the West. And they went their own way, practically without making large cash infusions either in banks, or in industry, or in ordinary citizens.


    By the way, I read the statistics that the citizens of the USA and the EU saved 2,9 trillion dollars on purchases during the pandemic. That is, now, after all the help to citizens and companies, everyone is sitting on money. Let's see if it is fraught with inflation or that money will help restore the economy.

    And Biden is preparing a new $ 3 trillion aid package for Americans.
  • Gardamir
    Gardamir 24 March 2021 19: 53
    0

    probably something like this
  • The comment was deleted.
  • yehat2
    yehat2 25 March 2021 11: 21
    0
    The pandemic will not end tomorrow. And not even the day after tomorrow.

    everything is correct. There is no pandemic at all. Therefore, it will never end.
    There is an infection. There is hysteria about her. There are mortality statistics that are very easily faked under a "pandemic". For example, a 70-year-old man died as a result of a heart attack, but was recorded from the "crown", tk. was infected. But he could just as well have died from the flu or a simple cold, but he is recorded as a victim of an absolutely lethal infection.
    As I understand it, covid infects many, but it mainly mows down people with severely impaired immunity or poor lungs, primarily the elderly and those who live in poor condition. For example, homeless people or those who do not get enough sleep. Where is the pandemic?
    After all, the same swine flu was many times more lethal. And what, he was able to influence the world?
    Covid is now being actively used as a bogeyman to unload the pressing contradictions of capitalism and explain the problems. This is what you need to remember, especially when laws go out on wearing absolutely useless masks.
  • Nikza
    Nikza 25 March 2021 13: 13
    +3
    A strange article. What does the refinancing rate have to do with it? Sberbank has sent a "proposal". Credit 20% per annum. And the contribution is 3.4%. Naibulina finances BANKS. For humans, nothing has changed. Well, of course, except for the "mortgage" operation. When they seized their extra money from the suckers, they gave them an illiquid "living space" in the settlements and they still owe them :-))
  • Dmitry V.
    Dmitry V. 25 March 2021 14: 11
    +1
    Last year, the authorities pulled everything they could out of business ...
  • kartalovkolya
    kartalovkolya 26 March 2021 07: 54
    0
    It's time not to reproach traitors to Russia's interests, but to put on padded jackets and fell trees!
  • Herman 4223
    Herman 4223 26 March 2021 21: 45
    +1
    The Central Bank is the mechanism of US economic power in Russia.
    https://youtu.be/Boww--68KlE
  • nikant
    nikant 28 March 2021 13: 15
    +1
    Nabiulka has never worked for Russia and will not work ... but the Kremlin keeps the enemy - because against the West it can only chew something ...
  • Financier
    Financier 29 March 2021 00: 52
    +3
    with difficulties in the economy - there are doubts.

    Judging by the rise in prices, and for everything, plus the more frequent cases of filing for bankruptcy, doubts are completely absent in matters of economic difficulties. It's simple, we are falling and it is more and more difficult to stop the fall process.