Military Review

How to rob the world: the main problem of the modern economy

50
How to rob the world: the main problem of the modern economyHere Stiglitz shared his fears of increasing stratification in society. It's hard not to agree with him, although, in a sense, this is already a trivial matter. But behind it there is one really very interesting question, namely, what is the mechanism for the redistribution of wealth? This is not a banal robbery, it is not a permanent direct reduction of salaries through fines, etc., etc. What is the mechanism? And what are its global implications for the economy?


To begin with, let us remember the ideas of perfect competition. Its essence is simple - all market participants have equal rights. It is clear that in reality this does not even happen, but in itself perfect competition has one very important effect. Imagine a certain production chain, from raw materials to finished products that are sold to consumers. The cost of this product is determined by the market - since, on the one hand, there is competition with other similar products, on the other hand, demand is limited. Question: How is the profit from the sale of this product distributed along the production chain?

Answer. If there is perfect competition, then - evenly. All participants will have approximately the same profit (not in absolute terms, but as a percentage). Why? Yes, because if someone has an advantage, entrepreneurs will immediately rush there, it is in this link that competition will grow, and profits along the chain will become equal. A similar situation with competing chains - theoretically, the profit of all economic entities should be approximately the same over a sufficiently long interval. It’s like a raging sea - at a particular moment you can be on the crest of a wave or in a depression between the waves, but on average, any sailor is at the same height - at sea level.

We will not now talk about the mechanisms that destroy this most perfect competition in the framework of purely industrial-trade schemes (for example, about monopoly effects). It will be about the mechanism that fundamentally changes the distribution of profits and is not formally related to competition within the production chain - about the financial mechanism. In the financial system, there is not just no, but there can be no perfect competition for a hundred years since the adoption of the law on the US federal reserve (December 23 1913), and this system fundamentally affects the redistribution of profits.

Firstly, it forms a description of the risk system (and the cost of their insurance) - and thus significantly affects the cost of any production or trading process. Secondly, it (through control over the supply of a loan) affects its value and, thus, creates competitive advantages (cf. production credit conditions in Russia and the European Union or the United States). It forms the entire financial infrastructure, which has an impact on the cost of production. Finally, thirdly, the financial system stimulates final demand, and quite differently in different sectors of the economy. Moreover, the scale of this influence is so great that today we can safely say that the cost and profit of production in almost all sectors are determined by financial technologies.

In the financial system, I repeat, there is no competition and there cannot be - due to the fact that it is tightly regulated within the framework of the single coordinating institutions. One can argue whether these institutions are more private or more public, but the essence does not change - these institutions proceed from the general corporate interests of the financial sector. Only in the last couple of years the situation began to change, but at the level of an ordinary business this difference will be noticeable very, very soon. And perhaps it will not be noticeable at all, since the emergence of several competitive centers will in no way affect individual industries located in the control zones of each of these centers.

Using coordination mechanisms, the financial system began to actively redistribute profits generated in the economy in its favor. Thus, the share of this sector in profits in the United States has grown from less than 10% to World War II, to more than 50% at the current stage. There is no competition between the real sector and the financial one and there is no question - in fact, the financial sector has overcome the real “dryness”, if we consider the real, without taking into account credit incentives, final demand.

And this is where the fun begins. For example, for the USA, private demand is overestimated with respect to the normal level of real disposable incomes on 20-25% - that is, about 3 trillion dollars a year. Partially, this value is due to the savings being lowered, partly due to budget incentives (in various ways, from direct subsidies to student loans), and partly due to private lending. But these three trillions are somehow distributed among producers - which significantly changes the structure of normal, natural demand. Roughly speaking, financiers pay themselves high salaries - and, as a result, they themselves place a demand for all sorts of elite entertainment. The share of which in the US GDP is much higher than it should have been, ceteris paribus.

We saw well how the structure of the economy is changing due to a drop in demand in the 90s (only we had demand, mainly from the state, but for the economy, this changes little). There is its terrible simplification, all more or less complex production chains with a high proportion of added value gradually "die." Significant parts of the economy that worked for total consumption are moving into the premium segment. And so on. Something similar should happen in the western economy - the only problem is that relevant research simply does not exist. It is clear that there is little experience here (USSR / Russia 90-s, USA and Western Europe 30-s of the last century, maybe in some countries of Eastern Europe, although they are not a pure experiment, since the full reproduction contour in the economy does not had), but this is not a reason for refusing to work. The reason here, most likely, is of a political nature (if something is not discussed, then it does not exist), but the problem does exist! And what to do with it?

Just in case, I repeat this problem again. The use of financial technologies and the promotion of private (and government) demand has led to two fundamental effects. First, the real sector of the economy has become almost completely controlled by the financial (including in the part of the redistribution of profits). Secondly, the structure of production costs has fundamentally changed, which, with a drop in demand, will inevitably cause serious problems in all technological chains.

Moreover, the use of financial technologies (that is, in fact, very complex coordination, impossible with perfect competition) has greatly complicated the production chain, creating, in fact, a system of intertwined vertical and horizontal links with a high level of division of labor. This system itself is a serious source of increasing production costs, so as the demand decreases, it will inevitably collapse, which will create additional factors for changes in the structure of the economy. For example, at some point a completely demanded production of “something there” may unexpectedly find that it is forced to close its production, since some of the tens of thousands of components are missing. At the same time, their restoration from scratch and especially for one manufacturer is too expensive, it will take the main production beyond profitability.

Russian production workers with such problems are encountered regularly, for Westerners this will be a revelation. But the trick is that for Russia in the 90s there was a Western market where you could buy everything you need. And who will play the role of the same market today? Given the fact that the financial system of the modern economy is the same as the markets.

In general, the main problem of the economy today, I think, is the need to find approaches to determining the equilibrium structure of the real sector after the crisis. Its solution will allow to solve a lot of problems and not to make a lot of mistakes.
Author:
Originator:
http://www.odnako.org/
50 comments
Information
Dear reader, to leave comments on the publication, you must sign in.
  1. Ivanovich47
    Ivanovich47 28 December 2013 15: 20
    -6
    Quote: ....
    In the financial system, I repeat once again, there is no competition and cannot be


    Banking competition is a dynamic process rivalry of commercial banks and other credit institutions, in the course of which they seek to provide themselves with beneficial advantages in the market of loans and banking services. The specified wording does not correlate with the claims of the author. And consequently, the rest of the calculations of the article become unconvincing.
    1. CTEPX
      CTEPX 28 December 2013 15: 42
      +7
      Quote: Ivanovich47
      The specified wording does not correlate with the claims of the author.

      If I understand correctly, the author divides the market and finance. And in fact, claims that today the financial component is not market)).
      1. sledgehammer102
        sledgehammer102 28 December 2013 16: 09
        +14
        Quote: ctepx
        If I understand correctly, the author divides the market and finance. And in fact, claims that today the financial component is not market)).


        Something like this, the main thesis is that financiers rule the market.
        A good example of the EU, where trying to avoid dumping prices for any product, it is simply buried in the ground. And Estonians have recently even been fined for excess milk production.
        The same picture is in the energy sector, when power plants are closed all over the eastern EU or oil refineries are quenched, only in order to avoid that very competition and to keep prices and, accordingly, the market in its monopoly, which belongs to two or three corporations.

        I.e. Ideally, everything should look like this

        And it looks like this
        1. lapo32
          lapo32 28 December 2013 16: 39
          +2
          You are not quite right, the production of poorly processed milk, kefir sour cream, is stable throughout the whole year, and the production of milk from a cow in summer is much higher, and since the prices of slightly processed milk are quite stable, there is an excess in summer, for smoothing it is necessary to process it in summer milk into cheese, milk powder, etc. then you don’t have to pour
      2. lapo32
        lapo32 28 December 2013 16: 29
        +1
        Yes, he sees it as two sides of the same coin
      3. ele1285
        ele1285 28 December 2013 18: 34
        +13
        Quote: ctepx
        Quote: Ivanovich47
        The specified wording does not correlate with the claims of the author.

        If I understand correctly, the author divides the market and finance. And in fact, claims that today the financial component is not market)).
      4. a52333
        a52333 28 December 2013 21: 46
        +4
        Quote: ctepx
        And in fact, claims that today the financial component is not market)).
        This is not the first time I’ve read Hazin’s articles, and each time I have a double feeling: if you started writing about something, then write openly and to the end. And it will muddle the waters (lighthouses, waves and other nonsense).
        Moment two.
        In the financial system, I repeat once again, there is no competition and cannot be
        Well this, of course, is a masterpiece. lol Financial corporations compete with each other, and how. They beat so that the feathers fly. Another point is that the real sector, in order to increase its own profits, the CAM comes to the financiers for an IPO (Initial Public Offering). This is where it all begins. Essesno for "valuation" of the enterprise (holding, etc.) you will be required to have all the documentation. You yourself turn out your pockets, showing what you have there. how big is the earnings, etc. Banksters (especially those who are "admitted to the body" of the Fed) actually buy a fraction of the value of your business for the cut green paper. For honest bankers (most of them), buying a little more than a weighty enterprise is problematic. After all, the earnings of an honest bank (for example, VTB or SBER) is interest on the loan portfolio minus the refinancing rate and taxes. Good earnings, but not fabulous.
        Another thing is Goldmans, Bank of America, BNP, etc.
        So, you have an IPO. Banksters enter according to the percentage of shares of their managers and all. The company is no longer yours. those. You cannot make a single decision without the consent of the shareholders. It seems to me florid and, to put it mildly, with strange associative examples, Khazin tried to convey this. In general, I probably will not read his articles. So, he’ll take a beautiful headline and carry nonsense about shit that floats on the waves, and there is a lighthouse on a mountain, and a grandfather in a lighthouse, and grandfather ..... in general, nothing.
        1. V. Salama
          V. Salama 29 December 2013 05: 22
          +4
          Quote: a52333
          In the financial system, I repeat once again, there is no competition and can not be Well, this, of course, is a masterpiece.

          Of course, I greatly apologize, but you are wrong here regarding the assessments of the author of the article. The reason, I think, lies in the ignorance of the history of the emergence of money and banks and, as a result, in a misunderstanding of what money is in general and how banks work. Since money, from a certain historical moment, has become a commodity, I will try to explain this by analogy with production. Imagine we are supposedly competitors - we trade boots. At the same time, the boots (money) are exactly the same with us, but only you sell a pair of boots, say, for 3 rubles, and I for 5 rubles. And what is the competition here? No one is trying to supplant a competitor’s product by offering a better one and eliminate the competitor himself. Do not confuse the desire to profit with competition. In addition, although we got into the business with our starting number of shoes, but we don’t produce them, the customers themselves bring them to us, and if it suddenly happens that you run out of shoes, I will be forced to offer you not just a part of my goods, and give you as much as necessary to ensure your survival. Otherwise, my financial risks will unacceptably increase. This example is certainly primitive and does not reflect all the nuances of the work of the modern financial system.
          Quote: a52333
          After all, earning an honest bank ...
          Here you got excited - honest banks do not exist in principle. Another thing is that the bank is, perhaps, the only structure by which the Law allows fraud. So it all depends on the position of the observer.
          Quote: a52333
          So, take a beautiful headline, and carries nonsense about shit that floats on the waves ...
          He can’t explain everything from the basics every time, he probably counts on those reading in the subject and periodically increasing their knowledge in this area.
        2. The comment was deleted.
      5. Andrey57
        Andrey57 29 December 2013 09: 18
        +1
        If I understand correctly, the author divides the market and finance. And in fact, claims that today the financial component is not market)).


        The financial component since the creation of the Fed mattress has ceased to be completely market, although before that it had never been market, since the rules for the functioning of money circulation have always been tightly regulated by the state.
    2. lapo32
      lapo32 28 December 2013 16: 28
      +7
      But in general, in the elderberry garden in Kiev, the uncle, the only thing the author is right the financial elite crushed the production for itself, and in conditions of general consumption, with a decrease in profitability, it will strangle production
    3. aksakal
      aksakal 28 December 2013 18: 23
      +6
      Quote: Ivanovich47
      Banking competition is a dynamic process of rivalry between commercial banks and other credit institutions, in the course of which they strive to provide themselves with advantageous advantages in the market of loans and banking services. The specified wording does not correlate with the claims of the author. And consequently, the rest of the calculations of the article become unconvincing.

      - Dear, you are confusing financial technologies that, out of some fright, began to be used to manage real production, about which both SABZH and financial commercial institutions are talking about. Didn't you see the difference? It’s as if I started telling you about information technology, and you answered me: “Computer technology is an extremely rapidly developing branch of the economy, requiring for its development a large number of semiconductors such as silicon and based on gallium arsenide, liquid crystals and plastic. This does not correlate in any way. with the statement of Aksakal about the need to intensively develop mathematical sciences for the successful development of information technologies "... Well, something like this. Teach, dear, materiel, then you will come to argue with the big white-bearded uncles. Sorry for the snobbery, but I would like to see the LEVEL on this resource, and the level is not only in the field of military sciences and military technology.
      And where is this Yarosvet with its minimum wage? Well, let him read and say his IMHO, at least neighing.
      1. Andrey57
        Andrey57 29 December 2013 09: 44
        +3
        Teach, dear, materiel, then come to argue with big white-bearded uncles. Sorry for snobbery, but I would like to see LEVEL on this resource, and the level is not only in the field of military sciences and military equipment.


        Great answer !!! good
    4. alone
      alone 28 December 2013 21: 26
      +4
      How to rob the world:


      Professionally and most importantly, Without any noise !!
    5. Mikhail3
      Mikhail3 28 December 2013 22: 02
      +5
      Is this statement taken from a textbook? The textbook is a lie. And everything is quite simple - banks cannot compete with each other. They are entirely dependent on the issue and the financial regime established by the regulator. Take a closer look. Banks do not compete - they simply cut the market into pieces and each works in his own way. And when someone tries to change the "hunting field" - the violator of the convention is instantly cut out by the regulator.
    6. Andrey57
      Andrey57 29 December 2013 09: 13
      +1
      Banking competition is a dynamic process of rivalry between commercial banks and other credit institutions, in the course of which they strive to provide themselves with advantageous advantages in the market of loans and banking services.

      There is no difference between banks, since they operate according to uniform rules that they do not establish. Consequently, the use of the services of a bank does not affect the cost structure in any way, except for the risk of losing money, when the regulator, that is, the Central Bank, does not decide that he does not like the bank with your current account and will suddenly be revoked his license, as is the case among regional banks. after the arrival of Nabiullina, and in the case of the Russian Federation, the rules were spelled out by the CIA staff, they did not even bother to translate the law on the Central Bank of the Russian Federation into Russian, as a result, the list of organizations with which the Central Bank of the Russian Federation can work is compiled according to the Latin alphabet.
      So there are no contradictions in the statements of Mikhail Khazin.
  2. Same lech
    Same lech 28 December 2013 15: 23
    +8
    Capitalism is ultimately not interested in a fair distribution of the wealth of society — this vice will inevitably lead to its collapse.
    So far, we in RUSSIA are forced to live in an established status quo when oligarchs and some hehe governors can afford to have villas in FRANCE with a bunch of diamonds or buy some kind of football club in ENGLAND.
    And at the same time, a large part of the population will climb into the CABLE MORTGAGE to buy at least some kind of housing-an unfair system from the very beginning.
    1. lapo32
      lapo32 28 December 2013 16: 44
      0
      First, give the concept of justice, it is fair for you unfair for me, who does not work he eats ...
    2. negeroi
      negeroi 28 December 2013 19: 36
      +4
      I don’t understand. And what does religion have to do with it? Justice is a religious concept. All is rewarded precisely in a religious sense. Where did JUSTICE suddenly appear in real life? And why should you use this concept when considering distribution? For example, to feed the weak and poor is not justice and charity and mercy, which is also closer to religion than to economics. So, in fairness, all pensioners should be sent on a sexual journey on foot, since they don’t work, and they didn’t save the breadwinner’s country. It just doesn’t smell like justice at all. So be careful with justice. Usually justice is understood as sausage sufficiency, and if not, then as injustice. In general, they believe in justice, because it is a religious concept. And in real life there are no justice and never have been. For adults, people should know.
      1. V. Salama
        V. Salama 29 December 2013 00: 21
        +3
        Quote: negeroi
        Religious justice
        It is not true. You’d better say, as a guarantor, that this is a philosophical concept. Actually, this is a party concept. Party affiliation is a socio-political position of a person, it is a principle of ideology (i.e., an objectively existing phenomenon), which requires us to distinguish from the standpoint of the interests of which social stratum a particular decision is made or another type of activity is carried out.
        Quote: negeroi
        Whence in real life JUSTICE suddenly appeared? And why on earth do you mean this when considering distribution?

        The distribution of the produced product in society is always "fair" or is declared as such. There are, for example, such principles of "fair" distribution of socially produced goods: "depending on the quantity and quality of socially useful labor" or "depending on the attitude to power or property (capital)". Which principle do you like best?
        Quote: negeroi
        So, in accordance with Justice, all pensioners should be sent on a sexual journey on foot, since they don’t work ...
        This is not fair, but looting ... A pensioner must have a decent pension, and if he does not have one, then he was robbed by the state or he is not a pensioner (did not work). By the way, what is a "state"? As far back as Lenin warned that "there is no question which, intentionally or unintentionally, would be so confused as the question of the state."
        Quote: negeroi
        ... and the breadwinner’s country was not saved
        These are not yet retired, however.
        Quote: negeroi
        Usually justice is understood as a sausage, ...

        Well, it's you "svanidzev" and others like him have heard enough in abundance.
        Quote: negeroi
        Vobschem believe in justice, because it is a religious concept

        Actually, they usually don’t believe in justice; they seek justice.
        Justice is what has caused wars, riots, unrest, and revolution at all times. But only for some people it is unfair that Russia has such a rich territory as Siberia and it is fair for the public nature of production to have a private-ownership form of distribution of the goods produced and to pay crazy money for low-performing administrative work, but for someone the other way around.
        1. old rocket man
          old rocket man 29 December 2013 06: 30
          +1
          Quote: V. Salama
          It is not true. You’d better say, as a guarantor, that this is a philosophical concept. Actually, this is a party concept. Party affiliation is a socio-political position of a person, it is a principle of ideology (i.e., an objectively existing phenomenon), which requires us to distinguish from the standpoint of the interests of which social stratum a particular decision is made or another type of activity is carried out.


          Partisanship and religiosity are one and the same thing. Justice is a subjective and purely individual concept (one can also say a group).
          A man eats a cow and believes that it is fair, but the cow does not believe in justice and she is also right. There is no justice, the ruling elite, the monarch, financial and oligarchic groups create ideology and laws, anyone but the people. Primitive justice can exist only in primitive society, and then in a greatly reduced form
          1. V. Salama
            V. Salama 29 December 2013 21: 48
            0
            Quote: Old Rocketman
            Justice is a subjective and purely individual concept (one can say group) ... There is no justice
            You are right, at the everyday level justice is subjective, at the social level it is the concept of "group" or, more precisely, "class", in the general case - "party". But it will be wrong to equate "partisanship" and "religiosity", this will lead to errors in the future. In addition, the statement that "there is no justice" is too categorical. This is the same as saying that "no goal exists", since it is generally accepted (from the theory of efficiency) that the goal and the result are fundamentally incompatible. It is always about the acceptable degree of failure to achieve the goal. So in society - ideology, the state (an instrument for protecting the interests of the people) are called upon to ensure social justice. And we can only say that in this state or in this time there is more or less social justice than in another. In a class society, the state always ensures the interests (and justice), first of all, of the ruling class. If we exclude this concept from everyday life, then it will naturally disappear as a form of our thinking, and therefore as a phenomenon of our life, and we will not fight for it, at least internally relying on this concept to form the necessary motivations. And this was exactly what someone needed, and they strove for this, including in the Constitution a corresponding article on the prohibition of any ideology. But the ideology of the ruling class also normally exists in an unofficial form. It is impossible to de-ideologize society, but we were taught the opposite. It is wrong to follow the lead of our quasi-ideologists, since you can always bring people into a state (caste society, for example) where they will not have a feeling of injustice at all (the second step, and the first is when we begin to believe that justice does not exist) and we may well fall into it in the future.
      2. The comment was deleted.
      3. Same lech
        Same lech 29 December 2013 04: 39
        +2
        And by the same justice, to strangle all cripples and people with disabilities, because there just doesn’t smell of justice here. (You have strange notions of justice what )

        Everyone is equal under the law - right?

        We have violated this justice.
        We all know very well how the fortunes of modern nouveau riches were earned — deception, forgery, outright robbery of one’s neighbor — is that right in your opinion?
        Such arguments can be made quite a few. From the very beginning, the current system itself is pushing people to violate the main commandment; do not harm your neighbor.
      4. Andrey57
        Andrey57 29 December 2013 09: 53
        0
        I don’t understand. And what does religion have to do with it? Justice is a religious concept. Everything is paid in the religious sense


        In this case, the Jews are again in chocolate: Judaism is the only religion in which deceit, violation of all biblical commandments and violation of the oath towards non-Jews, that is, goyim, is not a sin, and once a month the rabbi conducts a special service, freeing his flock from all violated obligations to God and people !!! fellow
        1. Motors1991
          Motors1991 29 December 2013 14: 22
          +1
          You are not quite right, Jewish law does not consider deception a crime, i.e. if it was your problems that deceived you, that is why Jews throughout all centuries were considered deceivers. They deceive both Jews and non-Jews. The difference is what a Jew thinks before he was deceived, and we after you, when you can’t do anything already. I can add to the essence of the article, the author didn’t mention the fact that the tax system of most countries, including Europe, Russia, Ukraine, etc. it is sharpened for washing money out of production into trade with further transfer of finances to banks. Value Added Tax leaves scorched land behind. There would be no VAT Russia and Ukraine were completely different states and we did not have so many oligarchs. I always wonder why our patented economists do not see or do not want to see the destructive role of VAT in industry. The explanation, from my point of view, is one: they were told not to see it.
    3. The comment was deleted.
  3. mountain
    mountain 28 December 2013 15: 24
    +3
    Yes, what a balance, speech. Who dared he ate. So it will be, until a new, wiser and stronger appears. And the place will not show the US and the EU.
  4. Mature naturalist
    Mature naturalist 28 December 2013 15: 39
    +2
    The main question is not solved: when will everything collapse? and how to save a penny?
    1. mountain
      mountain 28 December 2013 15: 46
      +2
      Quote: Mature Naturalist
      The main question is not solved: when will everything collapse? and how to save a penny?

      The main secret, who will come?
      1. lapo32
        lapo32 28 December 2013 17: 16
        +1
        Troubles are solved upon receipt, the chicken in the nest of the testicle yourself know where and you are trying to appreciate the taste of fried eggs repeat
      2. Vadivak
        Vadivak 28 December 2013 20: 54
        +3
        Quote: mountain
        The main secret, who will come?


        Will not go away. Do not wait smile
    2. Boris55
      Boris55 28 December 2013 16: 09
      +2
      Quote: Mature Naturalist
      The main question is not solved: when will everything collapse?

      To the question when everything will collapse - but when the wife leaves the owner of the Fed LLC for another, then everything will collapse. And this cannot be predicted by any financial shaman with a bunch of academic degrees and ranks ... laughing
      Quote: Mature Naturalist
      ... and how to save a penny?

      I don’t know about the penny, but if in the spring we plant a bucket of potatoes, then in the autumn we will collect a bag, and if we plant two buckets, we will stretch it until the next spring ... smile
      1. Mature naturalist
        Mature naturalist 28 December 2013 20: 02
        +1
        Quote: Boris55
        then in the autumn we’ll collect the bag, and if we plant two buckets

        - Mom, we were given a task at school to find out the meaning of the word "alternative." What it is?

        - It is very simple. Suppose you lived a long life, worked long and hard, and decided to open a chicken farm. I bought the first batch, looked after them, raised them, sold them, paid loans for several years, and finally paid them back. The hens began to breed and multiply ...
        Only you relaxed a bit ... and then a flood.
        Your whole poultry farm has been flooded. Hens, eggs, chickens, feed for hundreds of thousands of rubles, equipment for millions, everything was gone! You are busted! You are bankrupt! You stay, in general, with nothing ... Well, that is literally .. !!

        - And where does the alternative ??

        - Son, think about ducks ...
        1. old rocket man
          old rocket man 30 December 2013 08: 48
          0
          Quote: Mature Naturalist
          - Son, think about ducks.


          What if drought? laughing
      2. The comment was deleted.
    3. Vadivak
      Vadivak 28 December 2013 20: 51
      +3
      Quote: Mature Naturalist
      The main question is not solved: when will everything collapse?


      Yesterday. More precisely in 1991.
    4. Andrey57
      Andrey57 29 December 2013 10: 03
      +2
      The main question is not solved: when will everything collapse? and how to save a penny?


      It is impossible to say exactly when it will collapse, because there are many subjective factors, but what is left before the complete collapse of the modern economic world order is a bit is a fact. Over the course of 2-3 years, the collapse of the existing financial system will begin.
      The best way to save a "penny of labor" in the long term, for a period of 5-10 years, is to buy pure gold coins from a savings bank. In the short term, this will not work because the price of gold will be manipulated in order to buy it cheaper.
  5. lapo32
    lapo32 28 December 2013 17: 12
    0
    That's for sure, do not go to a fortuneteller
  6. FULL
    FULL 28 December 2013 17: 52
    0
    totally agree
  7. Stanislas
    Stanislas 28 December 2013 18: 28
    +2
    It is clear that there is little experience here (USSR / Russia of the 90s, the USA and Western Europe of the 30s of the last century, maybe, in some ways, countries of Eastern Europe, although they are not a pure experiment, since there is no complete reproductive contour in the economy had), but this is not a reason for refusing work. The reason here is most likely political.
    After the perestroika, the accounting department in the country quickly became on its feet, acquired its own banking and other economy, crushed the right and power for itself in some places, and the social network left enterprises and left the state, darling: sobbing:
  8. CHILD
    CHILD 28 December 2013 19: 19
    +2
    Everything is right .... only it is probably worse ... the modern financial system is based on usury, it kills the very meaning of money, money should not be a commodity .... that's just there is no other system, I suspect no one even presents another system)) )
    1. Stanislas
      Stanislas 28 December 2013 19: 28
      0
      A liberal snake biting its tail, not only in finance
      Quote: KIND
      kills the very meaning of money
  9. Cpa
    Cpa 28 December 2013 19: 29
    +3
    Why does the author take examples overseas. The financial strategy of Russian banks already does not allow starting a profitable production of something more serious than shovel cuttings. In such circumstances, small businesses have to learn only the service sector or heroically work for the bank on an agricultural field. My opinion, the service sector does not represent value for the real sector of the economy, if not provided for export.
  10. wax
    wax 28 December 2013 21: 05
    +3
    The current global financial system is used by holders of world currencies as a pump pumping out all the juices from other countries. If there is a threat to the operation of such a pump, the armed forces enter the battle to maintain it. After the opening of all gateways to the global financial system, the Russian authorities faced the challenge of stopping the outflow of capital, and it has not been resolved for a quarter of a century. And no matter how hard we try, we won’t be able to solve it without forceful influence on the business. You can start by taxing transactions.
  11. Lelek
    Lelek 28 December 2013 21: 15
    +5
    About the waves and sea level. Potanin’s - $ 2 billion, and his brother Vanya - a pension of 7t.r. but they live the same way on the same average level. Hooray! fellow
  12. I think so
    I think so 28 December 2013 21: 30
    +2
    Dear sir. Khazin sees the problem in that too many resources in modern production are spent on financial matters. It may be so, but the global elite aspired to this model of governance ... And it will not refuse from it voluntarily. And they generally drum on the increase in the cost of the product due to the exorbitant number of financiers. Because these financiers are THEIR TOOL of owning and managing the world. I think that even if you increase spending on financiers by another ten times, then nothing bad will happen. We recall the ability of mankind to adapt ... get used to it ... of course the showcases are revolted, they will smash it ... but get used to it too ... It all depends on the goals pursued by the global elite ... if they decide that something needs to be optimized, they will optimize it, and no, it’s so normal ... now they DO NOT THREATY THINGS AT ALL. They are ALREADY THE OWNER OF THE WORLD.
    1. yur
      yur 29 December 2013 22: 11
      0
      Well, in January 1917, some believed that they were the masters of the Russian Empire. So what about the "owners" is not obvious, not obvious ...
  13. cayman
    cayman 29 December 2013 00: 13
    +6
    The author, like all modern publicists, cannot do (and this is already an entrenched style) without scholastic fog, so that the text would look more scientific, and even more impressive. As a result, the essence escapes and slips past the understanding of the interested reader. Meanwhile, the author tried to reveal the technology of the dominance of transnational capital over the entire world economy and, in particular, over its real part - production. The problem is not only that the manufacturing sector is constantly in the credit loop and not only that transnational capital has long taken direct control and management of the entire significant spectrum of industry.
    The fact is that transnational capital, dominating industry, has found a way to make this dominance absolute. The method consists in crushing a single production chain into a huge number of isolated links. Instead of a single enterprise producing a product from a project to a finished product, hundreds and thousands of specialized firms producing individual components arise, being legally independent from each other and scattered across different countries and continents.
    As a result, all these firms, and the countries in which they are located, are completely dominated by transnational capital. In this world wide web were all the states of the world (including Russia and China) except Cuba, North Korea and Papua New Guinea. That is the reality. A specific example: in 2012 in China, the export of mobile phones amounted to 1 billion units, but actually Chinese enterprises got only 1 percent of the profit (China magazine 2012.10.25). Link http://www.kitaichina.com/se/ txt / 2012-10 / 25 / content_492924.htm
    A reasonable question: what to do and how to break out of this loop? Is this possible in principle? Yes it is possible! If the states begin to restore a self-sufficient economy based on an independent financial system and on the national industry of the full production cycle (from R&D to the finished product).
    Let's go back to the example with Chinese mobile phones. If the Chinese will produce phones from fully Chinese components, according to their technologies and in their own factories, then, instead of one percent of the profit, they will have a hundred. In China, this is well understood and corrected. And since China (in fact) is a national socialist state, by 2020 they will certainly solve this problem.
    Thus, a people falling under the yoke of the global financial oligarchy can be freed only by creating a self-sufficient economy, and this, in principle, is impossible without creating a national social state. China has already moved in this direction. Russia also has no other way, otherwise we will perish.
    1. Andrey57
      Andrey57 29 December 2013 09: 28
      +2
      The author, like all modern publicists, cannot do (and this is already an entrenched style) without scholastic fog, so that the text would look more scientific, and even more impressive. As a result, the essence escapes and slips past the understanding of the interested reader.


      In fact, the author is not a publicist, but a very well-known economist, together with Oleg Grigoryev they described the current crisis and all the mechanisms of its action back in 2003, writing a book about it. And at the beginning of 1998, he wrote a report in the name of EBN regarding the fact that by default there will be a default, for which he was expelled from government structures and covered the analytical department so as not to interfere with plundering the country. hi
      1. Motors1991
        Motors1991 29 December 2013 14: 38
        +2
        Khazin is not a pioneer here, I have a book by Leslie Waller, “Banker,” and so in it, more than sixty years ago, he described where we would go. Loans, loans. Loans for everything, for new cars, the whole novelty of which is easy changes in the shape of the wing, lanterns, loans for consumer goods, etc. Moreover, there is no and will not be money for real industrial production, there is no money for scientific research that does not give immediate results. Notice, in space over the past 30 years no there are no breakthroughs, we live on the developments of the sixties and seventies.
  14. Andrey57
    Andrey57 29 December 2013 09: 23
    0
    Quote: Andrey57
    Banking competition is a dynamic process of rivalry between commercial banks and other credit institutions, in the course of which they strive to provide themselves with advantageous advantages in the market of loans and banking services.

    There is no difference between banks, since they operate according to uniform rules that they do not establish. Consequently, the use of the services of a bank does not affect the cost structure in any way, except for the risk of losing money, when the regulator, that is, the Central Bank, does not decide that he does not like the bank with your current account and will suddenly be revoked his license, as it happens among regional banks, after the arrival of Nabiullina, and in the case of the Russian Federation, the rules were spelled out by the CIA staff, they did not even bother to translate the law on the Central Bank of the Russian Federation into Russian, as a result, a list of organizations with which they can work Central Bank of the Russian Federation posed according to the Latin alphabet.
    So there are no contradictions in the statements of Mikhail Khazin.
  15. The comment was deleted.
  16. The comment was deleted.
  17. The comment was deleted.
  18. cayman
    cayman 29 December 2013 13: 32
    0
    Quote: Andrey57 1
    In fact, the author is not a publicist, but a very well-known economist, together with Oleg Grigoryev they described the current crisis and all the mechanisms of its action back in 2003, writing a book about it. And at the beginning of 1998, he wrote a report in the name of EBN regarding the fact that by default there will be a default, for which he was expelled from government structures and covered the analytical department so as not to interfere with plundering the country.

    Nothing! If Khazin is a publicist, and not an economist (in the sense of a scientist), then he probably discovered some new economic law or created some kind of Khazin theory, or created a new, original concept for arranging the world or at least the Russian economy? I didn’t open it, I didn’t create it - it means not a scientist.
    If he only describes the “current” crisis in his publications, then he is just a publicist of whom he has been sore for a long time. They write everything, they write - they don’t let the country be plundered.
  19. Power
    Power 29 December 2013 15: 49
    +1
    80-90 percent of large and medium-sized businesses in Russia are registered in offshore. The Central Bank of Russia is directly controlled by the US Federal Reserve. Gold, loot and ruling class families in America. We need a real national elite, and not these puppets pretending to do something, and are responsible for something.
    1. michajlo
      michajlo 29 December 2013 18: 01
      0
      Power RU Today, 15:49
      = 80-90 percent of Russia's large and medium-sized businesses are registered in offshore. The Central Bank of Russia is directly controlled by the US Federal Reserve. Gold, loot and ruling class families in America. We need a real national elite, and not these puppets pretending to do something, and are responsible for something.


      Hello "Force" B!
      (Sorry, your ball is covered with darkness, that is, you will probably be young, don’t be offended for directness).

      I completely agree with you on the question "WHAT NATIONAL ELITE we all need in the open spaces of the post-USSR"!

      I would clarify the concept, WHO can be assigned to it? (and of course THIS IS NOT at all watered by prostitutes, pests, traitors to the Motherland, money-lenders without a Motherland and a flag).

      But since EVERYTHING EXCLUSION is the current authorities, aligarchs, deputies, governors and all kinds of trash, it’s just a DANGEROUS abscess, which, as soon as the PEOPLE opens themselves and BURNS WITH A STAINED IRON, the lower the costs, efforts and blood of ordinary people for a normal life, and not for the current the struggle for survival and eating one individual another, weak, sick or old ...

      This conclusion of mine DOES NOT APPLY to the political system and the authorities of Belarus, where the economy and finance work for SIMPLE PEOPLE.
      Yes, it is a fact that Belarus, a small country with 7-8 million inhabitants, is not easy in the modern world, and Lukashenko himself does not travel all over the world and China from a good life, attracting investors to the country and looking for sales markets.
      Financial "breaks" and high inflation from 2009-2011, of course, strongly "spoils the blood" of the leadership of Belarus, but thank God, with the close cooperation of the Republic of Belarus and ESPECIALLY the MILITARY with Russia, it MAINS its SOCIAL STANDARD of residence, which cannot be said about any of the former republics ...

      In the meantime, it remains for us to re-read the works of the classics of Marxism-Leninism, Stalin, Chinese developments and critical assessments of the current financial structure of the WHOLE world, which needs to be CHANGED, because with its near collapse (after 3-8 years), the world can easily be dragged in 3 -th MV using WMD (nuclear, biological, genetic, chemical, etc.).

      And all of us, who today are simply "philosophically reflecting on the essence of being," tomorrow we can Fight and KILL EACH OTHER.

      To prevent this BROTHERHOOD and the planned REDUCTION of the Earth's population, it is necessary to UNITE US common people and patriots, and “not divide into ours and yours”, which the authorities everywhere in the post-USSR and post-SVD are successfully doing even from pushing Andropov ( 1985) into the power of Humpbacked Judas!
      In the 80-90s we were a generation of 50-60. RALED and HANDED WITHOUT BATTLE our socialism, turned away from our ideas and philanthropic people !!!
      To them (the LOSER) I also consider myself personally, so that the young do not think that we, the older generation, are not able to admit our mistakes, weaknesses and errors.
      There is no getting away from the truth, it will always come out.

      So what kind of respected PATRIOTS do you all have concrete proposals?
      Not just enough to repent and insult each other !!!
  20. mountain
    mountain 29 December 2013 16: 41
    0
    Quote: lapo32
    Troubles are solved upon receipt, the chicken in the nest of the testicle yourself know where and you are trying to appreciate the taste of fried eggs repeat

    If I knew that the first appeared or would have been scientifically explained to me, testicles or hen. You look and my thoughts flowed differently. Strength crazy, losing. The mind, without power, is the same option. But if you combine the two concepts, the result is obvious. So far, everything is ruling on the planet.
  21. pamero
    pamero 29 December 2013 18: 17
    0
    Drive accountants out of economic management and put normal coherent commanders !!!!!!!!!!!! And everything will go uphill, and accountants make a stupid read debit and credit and all all the difficulties will go away !!!!