“The exchange rate policy of the Central Bank and the Ministry of Finance is killing Russian production”

From the point of view of Russia and the traditional Russian economy, there is no worsening of the world conjuncture.

The media transmit the statement of the head of the Ministry of Economic Development Alexei Ulyukayev about the deterioration of the dynamics of economic development in Russia. In his opinion, this is explained by the unfavorable conjuncture of foreign markets, which affected domestic exports. As a result, in 2013, the level of development of the Russian economy was below the world average.

The information published by Ulyukaev is commented for KM.RU by Mikhail Leontyev.

We have not very good prospects for global market conditions.

This is beyond my comprehension! All that Ulyukaev is talking about is the product of the activity, first of all, of Ulyukayev himself. As an ideologist of the Central Bank, responsible for course policy, he certainly should understand this and could not fail to understand this. In terms of Ulyukaev, I exclude the possibility of thoughtlessness, misunderstandings and errors in calculations. Of course, there is not one Ulyukaev here, this is Kudrinism in general, but Ulyukaev is a key figure.

The first. From the point of view of Russia and the traditional Russian economy, there is no worsening of the world conjuncture. Commodity prices are high. If we were Chinese and threw industrial goods at the European market, if we were Americans or Germans and threw goods at the market with very high added value, we could talk about a worsening of the conjuncture.

Yes, we do not have very good prospects for the world conjuncture, I would say, just bad. But current balance and current conjuncture are not created by prospects. Energy prices and, in general, the traditional goods of our exports are very high. They did not fall.

It was the first, and now the second. The competitiveness of the Russian economy is primarily reduced due to the exchange rate policy pursued by the Central Bank and the Ministry of Finance. This exchange rate policy has led to a four-fold appreciation of the ruble over the past ten years. This is if you look at the effective exchange rate of the ruble, and we live in an open economy and compete with foreign industrial goods. This kills Russian production, stimulates the consumption of exclusively imported goods.

Prospects I see in a return to common sense in macroeconomic policy

The financial and economic bloc of our government has destroyed all opportunities for its own economic growth in Russia. Credit is unavailable, it is super high, money is expensive. They cannot win inflation, because they persistently struggle by monetary methods against non-monetary inflation, that is, inflation of the costs created by the growth of tariffs of natural monopolies. The exchange rate policy systematically destroys the competitiveness of Russian manufacturers. That's the whole story.

Hence the fall in investment. And who will invest in an economy that is not just uncompetitive, but which systematically reduces its competitiveness through the macroeconomic policies of its own government? We have now begun the process of refusal of foreign automakers to localize. Unprofitable! This is a very typical, very indicative industry. It is more profitable to produce the same in France and Germany. This is prohibitive. And I see prospects in returning to common sense in macroeconomic policy.

Read more: http://www.km.ru/spetsproekty/2013/09/19/ekonomika-i-finansy/720981-kursovaya-politika-tsentrobanka-i-minfina-ubivaet

Comments

[Asgard]

That's what is interesting !!!!
The entire Russian economy entered the WTO ....
And the financial sector - NO ????
That is, lending rates (borrowed funds)) did not fall to the levels of Europe and America ....
How shoud I understand this???? The Russian government - suckers ???? Once signed this ???
IN O P O R S?

[a52333]

Well, right now! Let's open our arms to Goldman Sachs and Morgan of Bank of America. Where will we put their offices? What are you ?! They have already finished off the states with their policies, and now these foxes are in our chicken coop? Maybe it’s better for us to have a control one in our heads? The Central Bank needs to be dealt with, AHA, I agree. But let them sit in Manhattan. They are too skilled in the undercover "games".

[nbw]

Let's open the arms of Goldman Sachs and Morganam with Bank of America.

Well, comrade, it seems to me, had in mind that we need to reduce the interest rates of our banks to acceptable (and accepted in the world) levels, but this is not done by our government inagets. And where are the hugs?

[astra]

Credit is unavailable, it is super high, money is expensive.

Quote: a52333

We need to deal with the Central Bank

Quote: nbw

we need to reduce the interest rates of our banks to acceptable (and accepted in the world) levels,

Even before the appointment of Elvira Nabiulina to the post of Central Bank, everyone assured that with the advent of Nabiulina, interest rates in the Central Bank would reduce, that Nabiulina reflects the interests of Putin. But it turned out on the contrary promised that they would only elect her, and having chosen, she continues to keep high rates, without reducing. It turns out that I threw everyone, now you can’t re-elect it in the next 5 years. Worldwide, refinancing rates are low from about 0.1 to 2-3 percent, hence low interest rates on household loans, and economic development. And it’s cheaper for us to take a loan abroad than at home. The Central Bank makes excuses that it is impossible to lower the refinancing rate, supposedly high inflation, and what prevents it from freezing the tariffs of monopolies, for gasoline, electricity, etc. thereby not giving rise to inflation, lowering interest rates on loans for the population, hence the revival of the economy. It seems that in the Central Bank, the Ministry of Finance, and liberal politicians in the government, Western proteges are doing everything possible to prevent the Russian economy from rising. It smells of treason.

[a52333]

Well, hopefully not. I would like to focus on the fact that the decision on the rate is not made by the chairman of the Central Bank, but by the board of directors.

It seems that in the Central Bank, the Ministry of Finance, and liberal politicians in the government, Western proteges are doing everything possible to prevent the Russian economy from rising.

Not only with you.

[nbw]

But it turned out on the contrary promised that they would only elect her, and having chosen, she continues to keep high rates, without reducing.

Do you really think that the fundamental principles of the economy of the largest country in the world depend on the personal desire of some woman? (the hint is clear, or continue? )

It seems that in the Central Bank, the Ministry of Finance, and liberal politicians in the government, Western proteges are doing everything possible to prevent the Russian economy from rising.

You will not believe... Does the surname Fedorov tell you anything? He’s been talking about this for two years now.

[astra]

Quote: nbw

Do you really think that the fundamental principles of the economy of the largest country in the world depend on the personal desire of some woman? (the hint is clear, or continue?)

I see in fact, before the election, I said that the rate should be reduced, after I see that the rate has not been reduced for 2 months already. Maybe I don’t understand everything (I’m not strong in economics), but I think that S. Yu. Glazyev should be elected to the Central Bank he is at least not a liberal, but that says a lot.

Quote: nbw

You won’t believe ... Surname Fedorov is telling you something? He’s been talking about this for two years now.

I heard, watched his videos, at first believed, then hesitated, now I don’t believe it, because the point of his remarks is that most of the GDPs of the West surround him and they don’t give him much to do. This cannot be, he forms the government and depends on him who will work and who will not, so you can’t relieve yourself of responsibility and shift your failures to the machinations of Westerners and whitewash yourself. I believe that in 3 terms with a skillful approach, the country could be raised even higher. Many GDPs have done both good and bad. I think that people are prima format ova or be Lukashenko raised the country faster.

[nbw]

This cannot be

You know better

I think that people of the Primakov format

Primakov is not even funny. Where were all these cf *** e (old ) Communists, when Gorbachev ruined the country? Did you drink cognac at the dachas? And then once - and would you raise? Gygy. Do you remember how Zyuganov's comrades in 93 fled from the House of Soviets? Like rats. There is no faith in nonish "communists". Real communists were over even under Stalin.

or Lukashenko

He’s been raising for 20 years, he won’t raise it in any way. As Belarus was part of Russia, it remained (economically). He is well done, of course, that he holds such a course, but I do not see much prosperity there. Under the weight of Russia, Lukashenko would have extended his legs.

[Mature naturalist]

Quote: nbw

He’s been raising for 20 years, he won’t raise it in any way.

Old Man would have our resources ... And so, only potatoes, Bulbash, brains and Salihorsk
Yes, and that (Salihorsk), tried to lower and take away ...
Certainly, they wouldn’t have built fur coats under him.
Although, of course, when dealing with Belarusian enterprises I remember the Soviet Union: the question of money is secondary for them, the main thing is "not to lean out of the window" (remember the symbolic inscriptions on trams?)

[Dilshat]

There is a dark situation with Fedorov. What he is opposed to now was doing in the same team and under the leadership of Chubais. Why did he switch over and switch over to figure it out.

[Dilshat]

We recently recently discussed Ukraine, how it fell into slavery to the European Union. And our situation is no better, the same host of traitors in the government.

[Oleg14774]

Quote from astra

It seems that in the Central Bank, the Ministry of Finance, and liberal politicians in the government, Western proteges are doing everything possible to prevent the Russian economy from rising. It smells of treason.

Inflation according to Petrov arises from the increase in interest rates in banks, but we are told on the contrary that bankers are poor and should raise rates due to inflation. But let's see the chain. The collective farm takes a loan at 1% per annum and lays down the price of agricultural products at 1% + profit and money for development, takes at 20%, accordingly, the price is. Therefore, the head is to blame, not the legs. Bankers are bloodsuckers, and "our" bank is not ours, this is their bank. It was ours in the USSR, when it was printed on the banknotes that it was a state treasury note. And what is written in modern rubles ?!

[Mature naturalist]

Quote: Oleg147741

Bankers - Bloodsuckers

Yes, this is a sin of usury. One of the seven deadly sins.

And there is a curious thing - Islamic banks.
The principle of the Islamic banking system is that any Muslim, regardless of whether it is a loan or a debt, cannot, according to religious standards, conduct a financial transaction at a stable interest. Usury forbidden by the Qur'an

[aksakal]

Quote: Mature Naturalist

The principle of the Islamic banking system is that any Muslim, regardless of whether it is a loan or a debt, cannot, according to religious standards, conduct a financial transaction at a stable interest. Usury forbidden by the Qur'an

- forget. Why? Remind me? Ok, some recent history. So in 2007, there was a sudden crisis in the US in the subprime mortgage market. In 2008, the crisis escalated, a bunch of banks staggered, Vashovia collapsed, the US government began to fall down Goldman Sachs and ...
In Kazakhstan, Alliance Bank and BTA Bank have stumbled. The head of BTA M. Ablyazov, without wasting time, cashed out a bunch of cabbage, having inherited in Russia along the way, hit the road to London.
And at that time, not a single Islamic bank even stumbled, and these Islamic banks began to blow the whole world about it. Idiots! No, that would be silent, to grow up a protective buffer from the special services, to put their faithful people in the governments of their countries, to buy weapons from Russia - they say that the greed of the fryer was ruined. Money became a pity for Russian weapons, good money for good intelligence and security services in their Islamic countries, but it’s a pity to blow the whole world, being essentially naked and defenseless, look, this is a crisis due to the wrong principle of lending, here he is the result - the crisis, but not a single Islamic bank ... Well, hereinafter. Kazakhstan, for example, immediately noticed, Nazarbayev rushed on a tour of the Middle East with gingerbread cookies for Islamic banks.
And then, suddenly, unexpectedly (and unexpectedly?) "Arab spring", which is still burning and WILL BE ONE in the future, until the source of fire is extinguished. And the source of fire sits in the most powerful military state, and even overseas, you will not really get it, this source.
There are many versions of the "Arab Spring" - from the fact that amers need chaos, simply because amers love chaos, to getting close to Russia from the south, etc. My version is that the Middle East, as a potentially dangerous competitor in the field of finance, should be destroyed precisely as a financial cluster; a mode of functioning should be created in it, in which no banks can appear. Money loves silence, but if it is very noisy in Tahrir Square, the money will simply go to another place. Where is the peaceful place? Of course, in the States. If the money is counted, it is also calm in China, then Tiananmen, Tibet and Xinjiang Uyghur. You already know about Russia. There are also plenty of smoldering coals in Europe. Thus, only the States.

Quote: Mature Naturalist

Usury forbidden by the Qur'an

yes, Mr. Evidence, it is, but that's only the homeland of the Koran is forbidden by usurers. Forever. Forever. How to be What to do? Who's guilty? The question was asked by the classic, and for almost three centuries we can’t find answers.

[Ingvar 72]

Quote: Mature Naturalist

Yes, this is a sin of usury. One of the seven deadly sins.

The Torah also says that you can’t give people money in growth. But it also says who should be considered people and who is not. The doggy of usury is buried there.

[Alez]

Fat cat cats rule the world. Take a look around, do you see production around, engineering, IT production? No - around, loans without red tape at 24-44% per annum, just take it. Why the heck are our production workers with 10%? It’s easier to print money, to drive it into bondage. Legislatively it is necessary to prohibit the issuance of mortgages more than 7%, consumers more than 10%. In the West and China, loans are 3%, so bankers rule our government. Everything obvious lies on the surface, and Mr. Putin has an interest with bankers, otherwise he would have put things in order long ago.

[v.lyamkin]

This situation is not only with Nabiullina, but with all the candidates. when nominated, they promise anything, and then just forget about their promises. In the best case, they may refer to the fact that the situation has changed.

[user]

Do you really think that Goldman Sachs and Morganam with the Bank of America do not participate in the management of Russian banks through affiliated board members. You are just like a child.
There are only a few banks with 100% state participation, and not a single financial and controlling organization knows the rest of the final beneficiaries, these are the pies.

[NOBODY EXCEPT US]

Which of our banks, if not secret, have 100% state participation ...?

[Pilat2009]

Quote: a52333

Where will we put their offices?

I don’t see the place where cheap FOREIGN loans can harm us.
Unless, of course, in the conditions there is no clause on early repayment

[Alexander Romanov]

Quote: Asgard

How shoud I understand this???? The Russian government - suckers ????

Is not it?
Former Minister of Finance of the Russian Federation Alexei Kudrin became the head of the Sberbank of Russia Strategic Planning Committee, which was headed by the Minister of Economic Development Alexei Ulyukaev before his appointment.argumentiru.com/economics/2013/09/285315
SchA will plan.

[My address]

An acquaintance of mine, on this occasion, recalled all the northern animals: "That's it, arctic fox."

[luka095]

And yet they are not suckers. They have been pursuing their policies consistently for a long time. No matter who our president is.
When it came to choosing the head of the Central Bank, the probability of appointing Glazyev to this post was discussed. And then it was clear that he would not be appointed to this post. Because Glazyev’s vision of a development strategy for the economy in Russia is practically the exact opposite of the liberal approach.

[Ruslan_F38]

And still continue to believe that Putin is completely in control of the country and completely independent? Well, continue to believe further. Kudrin with Chubais and some other real Russian rulers greetings and place of honor in the hottest corner of hell.

[optimist]

Quote: Ruslan_F38

And still continue to believe that Putin is completely in control of the country and completely independent? Well, continue to believe further. Kudrin with Chubais and some other real Russian rulers greetings and place of honor in the hottest corner of hell.

As long as the majority of the population considers Putin "D * Artanyan" among the crowd of 3.14 Doras, nothing will change. But when it comes to the Turks that he is the main door in this "cock-house", then, perhaps, something will begin to change ...

[Ruslan_F38]

Quote: optimist

As long as the majority of the population considers Putin "D * Artanyan" among the crowd of 3.14 Doras, nothing will change. But when it comes to the Turks that he is the main door in this "cock-house", then, perhaps, something will begin to change ...

Well, as for the main thing, I bet if you see something that others do not or do not want to see, then you must understand this)). Who brought Putin into politics? Kudrin and ... red)). There are some more, but I would not call their names)).

[Dilshat]

Yeah. Something that Kolobok did not think so when he lived on Lisa. It seems that after Stalin our country ceases to belong to its citizens gradually.

[Consmo]

The bank cannot give money lower or at the inflation level. It is now 6-7 percent.
Plus margin is profit.
The conclusion is that the monopole eggs need to be twisted counterclockwise. They accelerate. There will be inflation of 1-2 percent, a loan of 7-8 percent and commerce will work, and a mortgage too.

[zvereok]

By God, Fuckers. They blame the ruble, and at the same time artificially restrain its growth. And the competitiveness of the manufacturing sector by raising tariffs killed 20 years. As they killed, they decided to join the WTO and freeze tariffs, so that the capital accumulated in the chests would come to the Russian Federation, buy everything up and feel comfortable.

[smart ass]

Aha, when they entered the WTO they promised cheaper computers, everyday life. vehicles, foreign cars ... As a result, current prices are rising

[Wolf]

Macroeconomics is simple if you know what the hype is and what the truth is! The foundation of the cutting itself is strong in the world, it is oil, gas, metal, grain. Russia net exporter tј. she is in + with a good balance! Is there really no real reason for inflation and a drop in the exchange rate of the ruble !? The weight of financial systems in Russia is sazdan for manipulation by the economist of Russia to the country of world speculators (Rothschild, Rockferel, Morgan, Schiff, etc.). The WTO and the agreement on $ or € are the same as opening the doors of an apartment for robbing! They steal through $ and € !, which is their most terrible robbery weapon. Secular Bank, MMF and Commercial Bank is just a place where this happens! If you take away your imprint, you can buy your own America several times over from Yudima. Then you don’t understand what the real economy is, or what it is that you are deceiving and speculating, or doing it with intent. Today it does not have a currency in the world of cator, by its real power it can measure it with Rubљ !!! Remember that in times of greater crisis, even gold loses value, but energy and grain and their wearer are not !!!

[Theophanes]

The liberal government is the end of Russia. This is understandable even to the very last fool. Putin is also a liberal. Hence the conclusion, Russia does not see a rise while the liberties are in power. Everything is very, very bad!

[No_more]

And this is not included in the conditions of entry into the WTO for any country. The US, too, is not tolerant of extraneous financial institutions in its own country, it is much tougher there than ours.
And you can’t worry about loans. Now banks are starting to feel that consumers have become more picky and no longer take loans out of their heads, have tasted the bitterness of interest. I have all relatives who have at least one kata (even salary) call and offer loans to these banks, interest rates are reduced, but thank God we do not need. Now they’ll try to credit cards and have to go to finance entrepreneurship, because the gold rush in our country with consumer loans has dried up.

[FC SKIF]

As Leontiev is not about slate and Belorussia, so the smartest person, you can directly listen.

[bairat]

In the US, inflation is 4%, in the Russian Federation, 12%, which means that the ruble against the dollar should fall in price by 8% every year. And it is not getting cheaper, for the last 10 years it has been walking in the corridor of 28-32 rubles per dollar. This is the artificial appreciation of the ruble. It is very beneficial for exporters, and for local producers it is a sentence. The fact that somewhere else some kind of production is glowing is not our merit, but an oversight of the Chinese "comrades".

[sergey32]

And we have the whole economy, the whole country ensures the well-being of natural monopolies. The main thing that they were sweet, we are so on the side of the hot spot. Everyone is already used to being constantly sanded.

[a52333]

artificial appreciation of the ruble. It is very beneficial for exporters

Nothing messed up? Oh oh The Japanese and the Chinese come out . Their currency is artificially underestimated. "Currency wars" - ask Yandex.

[nbw]

And what did he confuse?) The appreciation of the domestic currency has a negative effect on the domestic producer, and the cost reduction is positive. Our manufacturer should be bad, in China - good. Well, it is. Where is the contradiction? Not awake, chtol?

[a52333]

Well, someone definitely didn’t wake up . Let's understand:

Currency wars or competitive devaluation are successive deliberate actions by governments and central banks of several countries to achieve a relatively low exchange rate for their national currency, in order to increase their own export volumes. Increase in export volumes occurs due to decrease in local currency the cost of production of domestic enterprises-exporters and the ability to reduce prices for products of exporters.

[nbw]

relatively low exchange rate for its national currency

And I'm about the same. And the ruble is artificially rise in price. Will we figure it out further?

PS In the original post, “exporters” (as I understand it) meant foreign manufacturers as opposed to domestic ones, and you decided that you mean domestic manufacturers exporting products to other countries. So?

[a52333]

It seems so

but it is very beneficial for exporters, and for local producers this is a sentence.

It was not very clear, it was about rubles, and in this light it would be more correct to call exporters "Importers". And there is one more nuance, which cannot be ignored:

US inflation 4%

- This is an understated figure. I read this (don’t ask, some economist, I don’t remember.) Since 1990, the dollar has fallen by 300%. Again, it’s worth clarifying: the colonial dollar! the inside is different there.

[Consmo]

For a normal enterprise with normal leadership, the course does not play a role.
And if you sharpen the same matryoshka for 50 years, then yes the Chinese are crying for you.
And if you (the management) turn on the brains and start releasing nesting dolls (offhand: with a smell, with music, with a fridge for vodka, with a clock and so on), then you are the market leader yourself and dictate the price of sales and your profit, respectively, since competitors are far in the pope.
You need to think, not whine.

[bairat]

nesting dolls are primitive. we produce telecommunications equipment, in 1998 when the dollar jumped, the equipment imported from abroad "suddenly" became 4 times more expensive, naturally local telecom operators switched to us. these were the fattest years.
And it is profitable for our exporters to trade in raw materials to keep a solid ruble, they win by paying taxes.

[vladsolo56]

Video in the topic: https://www.youtube.com/watch?v=q7iZWzrP3xA

[Peaceful military]

All this causes outrage both in fact and in perpetuity.
Well, why, for more than 20 years, the same faces of Gaidar, Chubais, Kokhov, Germans, Kasyanovs, Kudrins, Dvorkovichs and other Ulyukaevs have led the country? WHY?!
I understand that this is a rhetorical question ...

[Ruslan_F38]

Quote: Peaceful military

All this causes outrage both in fact and in perpetuity.
Well, why, for more than 20 years, the same faces of Gaidar, Chubais, Kokhov, Germans, Kasyanovs, Kudrins, Dvorkovichs and other Ulyukaevs have led the country? WHY?!
I understand that this is a rhetorical question ...

MOSCOW, September 20. / ITAR-TASS /. Vladimir Putin signed a decree appointing Vladislav Surkov an assistant to the president of the Russian Federation, the Kremlin’s press service said today.

The decree comes into force on the day of its signing. According to the document, Surkov will perform the duties of Tatyana Golikova, whom Putin dismissed today and who was appointed by the State Duma as the head of the Accounts Chamber. "Surkov will be in charge of absolutely the same issues that Tatyana Golikova supervised, holding the post of assistant to the President of the Russian Federation," the correspondent said. ITAR-TASS press secretary of the head of state Dmitry Peskov.

Returned)). Nothing really changes. The performance continues.

[nbw]

I understand that this is a rhetorical question ...

The occupation administration When (if) the people rise and throw off the occupiers - and the faces disappear, scatter / sit down. But the people so far prefer to be fooled by Navalny, etc.

[vlad.svargin]

The authorities have a strong influence of "puppeteers" who benefit from these "faces" who fulfill the order for destruction. These "faces" were introduced even during the EBN and Putin will have to "clean up these Augean stables" for a long time. A completely new economic course is needed, one that does not depend on the dollar and the international mafia. It seems that the entire industry and agriculture is being destroyed in favor of foreign capital (due to competition in someone else's gates) and only the raw material component is "strengthening".
<< if you look at the effective exchange rate of the ruble, and we live in an open economy and compete with foreign manufactured goods. This kills Russian production, stimulates the consumption of exclusively imported goods >> And for sure, who will invest in a non-competitive economy! On the example of China, the economy is booming and investing there is profitable, you can get big profits from investors from this.

[Mature naturalist]

Quote: vlad.svargin

and Putin will have to "clean out these Augean stables for a long time"

Do you seriously believe that he "cleans" them?

[Peaceful military]

Do you seriously believe that he "cleans" them?

This question arises more often.
BUT!
The rhetoric is different.

[Garrin]

Recently I had to trudge in a traffic jam on Ryazan Avenue. There was a time to glance around and I was stunned, almost all the first floors of the buildings are occupied by various banks. IMHO, 60 percent need to be deprived of licenses and closed. At its core, these are no longer banks, but ordinary usurious offices. Indeed, they really slow down production and rob citizens.

[Igarr]

All is well, of course, brothers ... currency wars, loan sharks ...
And I liked how Misha pushed in - ".. And I see the prospects in the return to common sense in macroeconomic policy ..."
..
Such words must be cast in bronze!
Damn, what’s in PLATINUM !!!!
And placed in the State Duma on every corner.
...
What is macroeconomic policy?
I am sure everyone knows.
Talkhouse, damn it .... that's all.
...
Macroeconomic .... politics ....
Nano-breakthroughs ... in nanotechnology.
...
Unified power, it seems that only Stalin knew a remedy for unbridled chatter - 9 grams per skull.
Chatterboxes lack so much.
Me, including, too.

[nbw]

Chatterboxes lack so much.
Me, including, too.

Self-critical. Why aren’t you on the NOD shares, since you are so worried about your homeland? Today is just http://rusnod.ru/ it's time, the rally on September 21.

[Igarr]

Yes, I’m not tuned somehow .. to distribute the missing 9 grams of brains.
And frankly, there isn’t such a thing in Orel. More precisely, what is - does not inspire me.
...
In addition, I do not worry about Russia.
She stood without me for millennia. And after me - will remain intact. More beautiful than before, as they say.
I would like the children to have less frustration.
Although....

[nbw]

Yes, I’m not configured somehow

Well, a compromise with conscience is an amateur matter

there is no such thing in Orel

st. Lenina d 1 Printing house labor 14.00

what it is does not inspire me.

In our country, too, it does not move too much, but it seems to me that it is sometimes useful to dilute "sofa analysis" with outputs "to the people." So i will go

[Igarr]

Successes !!!!
I envy ....
And to compromises ... I’m already used to it somehow ... for more than 50 years.
...
In addition, on this bridge .... weddings today. And without me enough people.

[Nitarius]

NATIONALIZE NECESSARY! CENTRO BANK!
IT'S PRIVATE WITH! 1990. AND BELONGS TO THE ROTHSCHILDS through the SWISS BANK!
PUTIN 2 ALREADY POSTED THIS QUESTION FOR VOTING! But only not-IN THE DRAFT ONE TRADITORS SIT! Scum!

[Yarosvet]

Quote: Nitarius

PUTIN 2 TIME ALREADY POSTED FOR VOTING this QUESTION!

Bill number?

[mak210]

http://asozd2.duma.gov.ru/main.nsf/%28SpravkaNew%29?OpenAgent&RN=130800-6&02

Just do not think that this law was introduced by Putin.

[Spike]

If my memory serves me, the majority in the Duma is United Russia, and GDP BECAME A COMMUNIST AGAIN

[Spectrum]

something our Ministry of Finance more and more Serdyukov recalls.

[sashka]

MinFin .. Kudrin was "removed". What has changed.? It was just that the person said something that did not fit into the election program. The site is certainly interesting. Winter is beginning in the Far East. Can they all be relocated to Moscow and Sobyanin, together with Putin and DaM, will provide apartments? Moreover, the housing market "sank" thoroughly. But again there is something to share .. The worse, the better. Strange logic.

[Igarr]

Sasha ..... damn it, got it ..
What does it mean - the housing market dipped?
Where did you go?
Can I urgently refuse a hut in Vidnoye?

[Ivanovich47]

It is difficult for an ordinary person (not an economist) to answer the question, why are we even transporting paper clips and push pins from China? Why closed the domestic enterprises that made these buttons? Is the Central Bank again to blame? All small and artisanal industry in Russia perished in favor of lousy Chinese consumer goods. Who is to blame? The question is rhetorical ...

[Ross]

Quote: a52333

Well, right now! Let's open our arms to Goldman Sachs and Morgan of Bank of America. Where will we put their offices? What are you ?! They have already finished off the states with their policies, and now these foxes are in our chicken coop? Maybe it’s better for us to have a control one in our heads? The Central Bank needs to be dealt with, AHA, I agree. But let them sit in Manhattan. They are too skilled in the undercover "games".

But what about City Bank? Bank of Rothschilds and the main shareholder of the US Federal Reserve, with might and main in our market ....

[denkastro]

Blah blah blah. The enemies are killing the economy, the industry too. If they wanted to kill, they would have killed it in 500 days. Some older people remember how it is done. And every gopher in the field is an agronomist. It’s just that moaners screaming at me about the superpolymers have already killed me. I do not think that at the present stage of history, the Russian authorities are defending the interests of the West, and until they are informed of all gophers as freshwater arthropods to China. Another thing is that the interests of the elites may not coincide with the interests of the people, but this is a completely different movie. The eternal question of the exploiters and the exploited was at one time laid out on the shelves by K. Marx. Surprise is unnecessary here. IMHO of course. Respectfully.

[aud13]

I read the article and comments - smiled.
Of course, I will not say for everyone, but in my opinion, the problem of interest rates is not in the first place in business. Business is more concerned (this is of course my point of view and I do not pretend to play any huge role here):
- high taxes;
- administrative and other obstacles;
- lack of state support;
- defenselessness against all kinds of raiders who want to profit if they see a tidbit business.
And the problem with interest rates is just a derivative of the risks that we have today.

[slaventi]

The financial and economic block of our government has destroyed all the possibilities of our own economic growth in Russia. The loan is unavailable, it is superhigh, money is expensive

The Central Bank performs the function of withdrawing real money from the Russian economy and pumping it to the states. Therefore, he does not give cheap loans for the development of the Russian economy. In essence, he performs fiscal functions.

[Enot-poloskun]

As I understand it, you asked what to do?

I will answer this with a quote from V.I. Lenin:

The rich and the crooks, these are two sides of the same coin, these are the two main categories of parasites fed by capitalism, these are the main enemies of socialism, these enemies must be taken under the special supervision of the entire population, they must be dealt with, at the slightest violation of the rules and laws of the socialist society mercilessly.

[michajlo]

Good day to all!
I allow myself to cite an excerpt from an interview held in 1986-87 in Prague with the late Miroslav Doleici, where he leads a different "POWER" assessment of the modern financial system (applied the last two centuries).
...
- Depending on what you say, I think your view of modern society is very pessimistic. The rich become richer, to the extent that a narrow group of people will receive unlimited power over the whole society. These most in danger are human freedom itself anywhere in our world.
In your opinion, is there a way out of this situation?
What hope does an honest person have in this world?
Doleishi:
- I will answer in a slightly wider aspect. All economic theories that support Marx's thesis that capital has a real price are nonsense.
Today’s policy is based on three principles:
- credit
-% of loan
- and retention of capital.

I will explain you the model: with the help of money, I will cause a revolution or international war.
The inhabitants who will be involved in them are impoverished. They will be in trouble.
I will offer the state, which befell a war or revolution, a loan with% according to these conditions.
The government of such a state is forced to accept such a loan if it really wants to renew life in their country. And I know that they can never repay this loan to me. Then there will be penalties.
As a banker, I will begin to demand payment of a loan in the agreed term. Since my commercial partner is not able to pay me, I will give him a new loan to pay interest.
And so everything repeats ad infinitum.
This mechanism is consistent with the financial policies of the MMF, the World Bank, etc.

These are operations typical for owners of financial capital that today (1996 / note translator) have over 86% of world capital.
That's because of these reasons these financiers are interested in the emergence of plutocracy under the pretext of democracy, which today exist in the USA, Great Britain and other Western European countries. (as well as in the post-ATS and post-USSR, with the exception of the Republic of Belarus / translator's note)

Those who have money rule in societies where they were able to convince that money has a real price.
At present, however, we can buy less and less for them.
In this phenomenon lies our hope.

We presume that, for example, in 1915 I could “buy for myself” Trotsky and Lenin, they reproduced the socialist revolution.
I could buy Hitler and others for myself. They reproduced the World War.
Just like then, today I was able to buy myself Havel, Dienstbier, Klaus or Kotsaba (Havla, Dienstbiera, Klausa či Kocába) and others, but they did not reproduce anything.
The fact of devaluation of the only means becomes visible. who rules the world for 200 years.

There can be only one explanation for this - that the calculation with the influence of money is clearly erroneous.

To take into account this fact means to get rid of this means, that is, to get rid of the world financial system, which is currently smothering modern civilization.

[satellite]

About Comrade Fedorov, here I look many believe him (such as nbw). Here take a look for fun
http://kireev.livejournal.com/921051.html это уже о многом говорит,лживые они там все на верху.

[michajlo]

Quote: satelite Today, 17:32

http://kireev.livejournal.com/921051.html

Good evening, dear Alex!
Yes, the link you posted is interesting, thanks. Here on the site, 2 or 3 members of the forum are constantly CALLING for him and campaigning, though with "a youthful fervor" or with a "professional worker" ...
Sincerely, Mikhailo.