In order to have a perfect understanding of the problems of today, we must maintain a certain distance for a comprehensive look at them. The money and their accumulation cannot be the ultimate goal of labor. The aim of work is to secure the life of the population, to create and support a strong economy and, at last, to ensure the country's future and state sovereignty.
Rusmet claims that the government has to reset the refinancing rate and take people’s debts upon itself. These measures are to become the emergency aid that will reanimate the Russian system of finance, which is swiftly plunging into a chain of payment failures. By 2014 the total debenture rate had grown up to 13% of GDP. Debtors have nowhere to get money from for their paybacks, while the actions of debt collectors cause murders and suicides.
They assure us that Russia cannot produce anything, that it will not pull through without oil exports. We are sincerely concerned about our falling oil market and at the same time we honestly outrage the raising gasoline prices. What is more, we do not understand how falling and increasing can be happening simultaneously.
We have been busy earning money for more than 20 years. We have been earning debts. The central bank’s policy was aimed at the suppression of private initiatives and large-scale industries curtailing. High interest rates made companies borrow money from the west. Russia owed more than 700 billion dollars by the end of 2014. How in such circumstances could new factories appear in Russia? How can we speak in a serious vein about import substitution? This is impossible, until Russia does not have its own independent monetary system and monetary policy. Let’s develop it!
At the end of August Vice-chairman of European Parliament from Poland Richard Czarnecki offered the Polish government to extend the anti-Russian sanctions.
His most astonishing proposition was the restriction of the rouble convertibility. ‘This strategy will let us hurt the Russian economic interests efficiently,’ - shares an opinion Czarnecki. – ‘When Visa and MasterCard refused to service the clients of the Bank of Moscow, the effect was impressive’. However, during his speech at Polish Seim, pan Czarnecki did not say anything about the restriction of the rouble convertibility.