Ruble horror of the IMF and Zelensky's European nightmares. Currency redistribution continues

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Ruble horror of the IMF and Zelensky's European nightmares. Currency redistribution continues

Gas for rubles is forever


If someone thought that gas for rubles is not for long, he seems to be greatly mistaken. Russia, if they begin to bend it the way it is now, cannot but respond. At the DNA level, we have absorbed the sad experience of a 300-year yoke, which the Eurasians are ready to present almost as effective cooperation and good.

The authors have full respect for Lev Nikolaevich Gumilyov, and have nothing against the very idea of ​​a turn to the East, as well as Eurasianism, as a kind of global political philosophy. However, now we are not up to such large-scale experiments for centuries to come.



Moreover, the collective and such the entire liberal West wants from us not "cooperation", but slavery. Raw or something else, it doesn't matter. And the achievements in terms of Russia's sovereignty, achieved over the years of wars and revolutions at the cost of tens of millions of lives, turned out to be squandered too quickly.

We have to return the price of new blood, as we see, quite a lot. The XNUMXth and even more so the XNUMXst century have shown that the replacement of blood for dollars in the modern world is an absolutely familiar phenomenon. However, when dollars are taken from you for nothing, agree that it is better to demand retribution with the blood of the Nazis.


Why this lengthy introductory speech? And besides, it is necessary to switch to settlements in rubles wherever possible and impossible, and better sooner than later. And the utter hysteria, which the civilizers from the West gave birth to on this occasion, and now also their “common fund” - the IMF, only convinces of this approach.

While the dollar is neither a friend nor an enemy, and so ...


The USSR, whose successor is none other than Russia, at one time agreed to sign the Bretton Woods agreements, in fact recognizing the hegemony of the dollar. However, the Iron Curtain was then only ajar, and although the country needed the currency, it was still not like air.

The ambitious tasks of space exploration and achievement of atomic parity were solved without extra dollars. The currency funds themselves were rather considered by the Soviet leadership as a means to slightly sweeten the life of the party and economic nomenklatura. Especially in the national republics and on the periphery, which is not always politically reliable.

A serious backlog of the USSR in terms of the consumer market and advanced technologies, again, those that are focused not on the defense industry, but on the general public, was outlined when the country got involved in an arms race. Yes, the need for foreign currency grew a lot, but then our oil went abroad, and then gas.

On the contrary, in addition to the currency, attractive goods, as well as films and music, also went. By the way, wasn’t it from there and wasn’t it then that the conviction of future Chicago boys, but first of all their teachers, grew up that “we don’t need advanced industries at all, we can buy everything”?

And the same party leaders, aging when the colonial system was collapsing, seem to have seriously believed in the reality of the world revolution. The members of the Politburo clearly had ambitions going wild. The IMF was not too afraid of the Union at that time, since the ruble, even foreign currency, remained, as it were, outside the brackets and did not encroach on the dominance of the dollar.

What are the IMF afraid of now?


Now the situation is completely different - for three decades Russia has been integrated into the world economy and finance with all its might, turning not only oil and gas, but also financial regulators, and therefore the dollar, into a hostage. The current attempt to get rid of such dependence is perhaps the most dangerous for the same IMF.

And it's not even about the prospect of ruble settlements. The trend is more important, although if it leads to a strong fall in the US currency, it is even beneficial for the US. Their debts will depreciate, especially government debts. However, the IMF institution itself may suffer, and severely.

The levers will go away, which means that losses in the fund's profits are inevitable, although the West likes to remind that the IMF is not a bank at all and its task is not to make profits. But after all, the World Bank, which is controlled by the fund, is very much in it.

The first to oppose Russia's ruble counteroffensive were, as expected, the gas buyers. It is not entirely clear why, because they simply have nothing to lose on this. If only the opportunity to put pressure on the seller. But now the highest ranks of the IMF have fallen into an inexplicable panic.

First, the chief economist of the International Monetary Fund, Pierre-Olivier Gurinsha, spoke about the threat of the collapse of the currencies of countries closely connected with the economy and finances of Russia and Ukraine. According to him, the depreciation of the national currencies of these countries is almost inevitable.

Prognosis as a diagnosis


Sounds like a threat. Moreover, it is a direct one, because it is no secret to anyone that the ruble has always pulled the currencies of its neighbors with it - especially the ruble of Belarus, the Kazakh tenge and the Armenian dram. So, the IMF wants them to pull the ruble now, and better down. According to an official from the IMF, the fall of "small" currencies can lead to additional shocks to the economies of these states.

But in general, as you can see, just in case, Mr. Gurinsha expressed himself somewhat ornately:

“Eastern European countries close to Ukraine and Russia have also seen their currencies depreciate as they are more affected.”

The economist puts the neighbors of Russia simply the same diagnosis - "Depreciation of currencies can cause additional inflation on imported goods." Most likely, he meant the money not only of Russia's partners in the EAEU - Belarus, Kazakhstan, Armenia and Kyrgyzstan, but also the Baltic countries, possibly Finland, and certainly Turkey.

Pierre-Olivier Gurinsha hardly takes into account the factor of replacing Russia's Western partners, who are forced to hastily cut off many ties due to sanctions. And this factor can not only neutralize, but also block the negative effect of binding, albeit very indirectly, the currencies of our neighboring countries to the Russian ruble.

Based on his negative assessments of the consequences of the special operation in Ukraine, the chief economist of the IMF noted that they "have a significant impact on the revision of forecasts for the development of the world economy." Gurinsha has not yet voiced his forecasts, but he believes that these factors "outpacing both the slowdown in China's economy and the tightening of monetary policy in developed countries."

It is pointless to argue with the latter, since the West hit first of all on itself with sanctions, but a somewhat hasty conclusion on China can be challenged. For the Celestial Empire, Russia's turn to the East, which has already begun, is a real gift. It is unlikely that anyone will say that the discovery of a colossal raw material resource, and at the same time a promising Russian market, is bad for the Chinese economy.

More dynamism or more money?


Interestingly, immediately following the speech of the chief economist with a disappointing forecast for world finance, read - for the dollar, at a recent traditional briefing, IMF Managing Director Kristalina Georgieva spoke. No, first she said she was expecting "more dynamism in the world of money."


What money, she did not specify, noting that

“The United States began to use the dollar in the situation with Russia, in fact, as weapons».

Georgieva pointed out that "in recent decades" there has been a "diversification of reserve currencies".

However, the “gas” sortie of the ruble, traditionally a surrogate against the dollar and the euro, is by all indications a surprise for her. Nevertheless, Ms. Georgieva stated that the dollar "reduced its share of the reserves by about 10% from 70% to just under 60%." And this, apparently, is no longer just a trend, but, again, a diagnosis.

Evaluate how Madame from the IMF responded to a direct proposal from one of the journalists to “get away from the dollar”:

“Not so fast, because the reasons why the dollar, the euro, the yen, the pound, the Swiss franc are reserve currencies are strongly related to the competitiveness of the economies and the intangible but very important confidence in the independence of their central banks, their institutions.”

Instead of PS What else does the president not know about?


From the liberated, more precisely, demilitarized and denazified territories of the Kherson and Zaporozhye regions, more and more reports are coming in about the transition to settlements in rubles. Such news - personally for the "still president" Zelensky to think. At least sometimes...
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23 comments
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  1. +7
    April 22 2022
    We have only one way out of this situation - to win! Therefore, we are making every effort for this, including the economy. I hope that the government has calculated everything many moves ahead.
    1. +1
      April 22 2022
      personally for "still president" Zelensky to think. At least sometimes...
      Why should he think? He doesn't need to think about it, let him continue to do so.
      1. +2
        April 22 2022
        Quote: Wend
        Why should he think? He doesn't need to think about it, let him continue to do so.

        Pan Zelya is not capable of thinking, the State Department thinks for him, and he is the executor of his will.
    2. +2
      April 22 2022
      Quote: Sergio_7
      We have only one way out of this situation

      If there is only one way out, then there is no way out.
      1. -1
        April 26 2022
        If there is only one way out, then there is no way out.
        The capitalist will always find a way. For example, he will sell Russia once again. Russia is no stranger. This is for us who live in it there is no other way out. We will be sold along with her. Who doubts, remember how many times speeches began and that the rise of domestic production in the Russian Federation was about to begin? Let me remind you, from the second Chechen company. And where is he? 22 years have passed and nothing has been done. So why do it now? What's stopping you from doing it? Nothing.
    3. 0
      April 22 2022
      Knowing their mind and professionalism...
  2. +7
    April 22 2022
    The USSR, whose successor is none other than Russia, at one time went to sign the Bretton Woods agreements

    Author, wake up! The USSR did not participate in the Bretton Woods agreements. This is modern ignorance or worse.
    1. The comment was deleted.
    2. 0
      April 22 2022
      Signed, but not ratified, this was already written https://topwar.ru/97758-bretton-vudskaya-sistema-ili-kak-ha-zahvatyvali-mirovoe-gospodstvo.html
      1. 0
        April 22 2022
        Signed but not ratified

        there is no need to engage in demagoguery. This is manipulation. The USSR did not participate in the Bretton Woods system. It is a fact! And the fact of signing in itself has absolutely no meaning. In the flock, the author creates the impression that the USSR participated. From your answer it follows that this is even WORSE than just INCOMPETENCE - IT IS MANIPULATION. For such things, authors should be banned, not paid money.
        1. -2
          April 25 2022
          Quote from kirosi
          the fact of signing in itself has absolutely no significance.

          Well, actually the fact of signing LEGALLY means approval of the document by the person who signed it ....
          Moreover - if the person had the proper powers and were not subsequently disavowed - such a document is subject to execution.
          Yes, there is a procedure for national ratification, yes, the document can hang in the air for quite a long time.
          Nevertheless, the fact of signing is quite significant in itself.
  3. +1
    April 22 2022
    In general, Europe only eats up resources, they have nothing, stop their access to Russian gas and oil and they will have a collapse, which is why they whine that they should not rush to refuse.
    1. +3
      April 22 2022
      Quote: Pessimist22
      Europe in general only eats up resources

      I would say this - Europe's raw material base is depleted, in some positions it is critical. The basis of any successful economy is cheap raw materials. Expensive raw materials make the economy not competitive, and the rejection of the euro as a means of payment for resources will lead to a crisis in the financial system. Time will pass, and the ruble will be loved in Europe and treated with respect. hi
  4. +3
    April 22 2022
    The USSR, whose successor is none other than Russia, at one time agreed to sign the Bretton Woods agreements, in fact recognizing the hegemony of the dollar.

    Signed but not ratified. It is important!
  5. +4
    April 22 2022
    There is no shame in learning from others. USA - we sell our products, technologies, services, only for dollars. :waat: We will withdraw from any contract if it is not in our interests. :waat: There is only one law in the world - ours and our rules. :waat: And all this rests on the dollar and the US Armed Forces. So think about what the Russian Federation needs for full development - independence from the US and the IMF, or humility and dependence. hi
  6. +7
    April 22 2022
    And the Breton Woods Agreements had some meaning in 1944, when the currencies of all countries weakened during the war. Today I was surprised by the presence of anti-Sovietism on the Internet. There is only one reason - Lenin's birthday. Today is Good Friday. We decided to crucify the founder of the USSR. It's all so petty.
    1. +2
      April 22 2022
      Nicholas, my respect! You are one of the very few who remembered the birthday of the Leader of the Revolution today. But once it was a national holiday. In April 71, 22, I was accepted as a pioneer. I still remember the oath.
      To be honest, it's very foul at heart because of such silence. No one is now on the horizon in politics and there is no one close to this powerful personality. Such ignorance is like some petty revenge of political dwarfs.
      Well, to you - happy birthday to the Leader of the Revolution!
  7. -10
    April 22 2022
    Quote: Nikolay Malyugin
    They decided to crucify the founder of the USSR. It's all so petty.

    Well then, remove the crucified Trotsky from the cross. smile
  8. +3
    April 22 2022
    Gaddafi was killed for trying to undermine the dollar, Libya was torn apart. Russia is not Libya and there is enough strength. If only the inner contra under the cap would sit and not blather. In the light of recent events and upcoming changes, showing mercy to all saboteurs in power structures, to all Peskov "patriots" and other liberal bastards is an unnecessary luxury. Tough times call for tough measures.
  9. -2
    April 22 2022
    Quote: Emergency
    If only the inner contra under the cap would sit and not blather.

    To the wall presumptuous counter. smile
  10. +3
    April 22 2022
    Of course I'm sorry. But! in the very near future, there is no place in the world for such a monetary unit as the hryvnia. It's just paper and wrappers in a visible perspective. The areas liberated by Russia are integrated into our rubles anyway. What will remain of Ukraine is also unknown. Even if something remains, this hryvnia will still turn into waste paper. Do you know the monetary unit of Albania? And I don't care. So it will be in Ukraine.
    but then our oil went abroad, and then gas.

    Why did she go? Something, they didn't add it. If you write an article to the authors on this topic, it is so detailed, both in rubles and in euros. and in dollars what how and why. What to expect and what are the prospects. In this one, it's just a hodgepodge.

    https://pikabu.ru/story/dlya_chego_obvalivayut_rublchto_budet_proiskhodit_dalshe_kontroliruemoe_obrushenie_7288681

    Well, at least that's better.
  11. 0
    April 26 2022
    It is curious what guided Stalin when he signed the Bretton Woods agreement in 1944?
  12. 0
    April 26 2022
    But now the highest ranks of the IMF have fallen into an inexplicable panic. - If on the fingers, then I will explain, from the point of view of how the financial system works, when paying for gas for rubles, they have a question of conversion. It would seem that there is nothing easier, exchanged for rubles and paid, well, they replaced the conversion with pricing ... But the thing is that with such an operation it turns out that our Central Bank can freely issue exactly the same amount of rubles, in simple words, print. It is for this reason that inflation jumped sharply in the West, and the ruble strengthened, and this is just on the expectations that anything can follow the ruble ... The West is used to exporting its inflation to third world countries, and then suddenly it received in reverse. The mere threat of Russia's financial system falling out of the dollar zone immediately forced prices to rise all over the west. Believe me, they have something to think about... This is such a kind of "ultimatum from Putin", all that remains is to burn everyone in a nuclear fire... or negotiate. It is in this canvas that the reminder from "Putin" in the form of the subsequent test of Sarmat falls. Want to? Not? Then we resolve all issues at the negotiating table, including on Ukraine. I think not only the highest ranks of the IMF are in a panic ... Biden, when asked about the increase in fuel prices at gas stations in the United States, he said so - "Putin is to blame" ... Everyone thought that this was such rhetoric, but no, he is right, that's all that's exactly what it is.
  13. 0
    April 26 2022
    But now the highest ranks of the IMF have fallen into an inexplicable panic. - If on the fingers, then I will explain, from the point of view of how the financial system works, when paying for gas for rubles, they have a question of conversion. It would seem that there is nothing easier, exchanged for rubles and paid, well, they replaced the conversion with pricing ... But the thing is that with such an operation it turns out that our Central Bank can freely issue exactly the same amount of rubles, in simple words, print. It is for this reason that inflation jumped sharply in the West, and the ruble strengthened, and this is just on the expectations that anything can follow the ruble ... The West is used to exporting its inflation to third world countries, and then suddenly it received in reverse. The mere threat of Russia's financial system falling out of the dollar zone immediately forced prices to rise all over the west. Believe me, they have something to think about... This is such a kind of "ultimatum from Putin", all that remains is to burn everyone in a nuclear fire... or negotiate. It is in this canvas that the reminder from "Putin" in the form of the subsequent test of Sarmat falls. Want to? Not? Then we resolve all issues at the negotiating table, including on Ukraine. I think not only the highest ranks of the IMF are in a panic ... Biden, when asked about the increase in fuel prices at gas stations in the United States, he said so - "Putin is to blame" ... Everyone thought that this was such rhetoric, but no, he is right, that's all that's exactly what it is.

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