The Kremlin announced the discussion of the issue of pegging the ruble to gold

The Russian authorities have thought about the possibility of a radical change in the financialeconomic system of the country, which consists in pegging the ruble to gold.

This idea has been expressed before, but in the current difficult conditions of Russia's isolation from Western countries after the start of a special operation in Ukraine, such plans take on a new meaning.

On April 26, Secretary of the Russian Security Council Nikolai Patrushev announced the development of a system for pegging the Russian ruble to gold.

It is proposed to determine the value of the ruble, which should be backed by both gold and a group of goods that are currency values, to put the ruble exchange rate in line with the real purchasing power parity

Patrushev said in an interview "Russian newspaper".

Thus, the ruble will eventually be provided with products that can be purchased for it. In this case, the Russian currency will be equal to the cost of goods purchased for it. If this innovation is successful, the Russian ruble is expected to become one of the strongest currencies in the world, which will bring the purchasing power of the country's citizens to a new level.

The issue of creating a financial system in Russia, in which the value of the ruble will be tied to gold and currency values, is now being discussed.

- said the official representative of the Russian President Dmitry Peskov when communicating with the press.
  • Photos used: Andrzej Barabasz /
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  1. Bulanov Offline Bulanov
    Bulanov (Vladimir) April 29 2022 15: 07
    The issue of creating a financial system in Russia, in which the value of the ruble will be tied to gold and currency values, is now being discussed.

    And the fact that 1 g of gold costs 5 thousand rubles. is also being discussed? like it was already announced?
    1. Igor Viktorovich Berdin April 29 2022 15: 29
      If the Central Bank, as before, gives 5000 rubles per gram for gold, then in theory there should be a queue. Because as of today, at the current exchange rate of $, the exchange value of gold is 4 rubles per gr.
    2. Awaz Offline Awaz
      Awaz (Walery) April 29 2022 20: 34
      it was a temporary measure. already canceled a week after the adoption of such a decision.
  2. Observer2014 Offline Observer2014
    Observer2014 April 29 2022 15: 12
    The Kremlin announced the discussion of the issue of pegging the ruble to gold

    To tie the ruble to gold. You must first untie the ruble from the dollar: bully : Otherwise, everything will be taken out for dollars ..... gold. As a "stabilization fund" Sorry. Future Generations Fund wassat laughing ::
    1. Bakht Offline Bakht
      Bakht (Bakhtiyar) April 29 2022 15: 23
      Foreign exchange transactions should be prohibited. The ruble should not be a convertible currency. That is, you need to return the "wooden ruble".

      Patrushev also has proposals for a two-loop financial system. That is a return to the Stalinist model. But we must bear in mind that reality has changed in 90 years. And blind copying will not work.
      1. 123 Offline 123
        123 (123) April 29 2022 20: 26
        Foreign exchange transactions should be prohibited. The ruble should not be a convertible currency. That is, you need to return the "wooden ruble".

        Why? How to deal with other countries? Their currency?
        1. Bakht Offline Bakht
          Bakht (Bakhtiyar) April 29 2022 21: 41
          I meant within the country. For other countries there was Vnesheconombank.
          But... the situation is quite different. Under the USSR, there were no private companies in the country. There was a centralized purchase of the necessary equipment. Now, simply copying the Stalinist economy will not work. But it was not just effective, but super-efficient. And already in 1952 it was proposed to introduce the gold ruble.
          As for other countries... Unfriendly countries refuse trade relations with Russia. So it will not work with them to pay with foreign currency. And friendly countries agree to pay in national currencies.

          The West itself killed the financial stability of the system with its own hands. Let's take Egypt as an example. He refused to purchase Russian grain. And at the same time, it is experiencing a huge shortage of grain. How to call it? Or the EU refuses to buy Russian gas and at the same time buys LNG for $500 more. The system is not working. And therefore decoupling from the dollar is simply a necessary condition for the country's survival.
      2. Awaz Offline Awaz
        Awaz (Walery) April 29 2022 20: 44
        only currency speculation can be restricted. I don't know how, but I have to. In all other respects, the ruble should regulate itself. It is unequivocal that the ruble is one of the few currencies fully provided with all the resources of the state and, moreover, is too devalued by speculators.
        So, as soon as Western speculators were removed, the ruble exchange rate began to strengthen sharply. And already the authorities of the Russian Federation began to panic a little on this topic, as foreign exchange earnings in ruble terms began to fall. Therefore, attempts are being made to return speculators to the market.
        From the point of view of logic, based on very high prices for raw materials, the authorities of the Russian Federation could, in order to stimulate parallel imports, slightly strengthen the ruble. Definitely it would help those who are dependent on imports and need supplies even in a roundabout way.
        Well, in general, to deal with the banking system. at the moment, banks are one of those who parasitize most of all on the Russian economy, and if they are still given a chance for speculation, they will raise this topic and again bring down the ruble to please their "partners"
        1. Bakht Offline Bakht
          Bakht (Bakhtiyar) April 29 2022 21: 43
          In the USSR, for currency speculation, the sentence was longer than for murder. I have already said that 70 rubles per dollar does not correspond to price realities. The course should be 80 rubles. Until the next adjustment in July this year.
          1. Awaz Offline Awaz
            Awaz (Walery) April 30 2022 12: 57
            80 rubles per dollar is the rate for commodity traders right now. In fact, until recently, Putin said that the price of a barrel of oil in rubles in the region of 4 thousand is not very bad for the Russian economy. And 4 thousand in rubles is 40 bucks per ruble, the price should be. Eighty is too much. given that we still have import-dependent industries and even just hucksters, such a price of the ruble, in the current situation, is killing them. The price of logistics has doubled, and the purchase prices have also risen because it does not always work out directly .. And many simply have nowhere to go. There are simply no similar goods and raw materials in terms of quality even at the very least. I'm talking about my work, where there were serious problems with components that were brought from Italy. Since the age of 14 they have been trying to replace, but no one has learned to produce what my employers need in the same quality ...
            1. Bakht Offline Bakht
              Bakht (Bakhtiyar) April 30 2022 13: 37
              40 to the dollar is not enough to finance the economy. It is now unknown how many rubles are in the stash. Delyagin says about 20 trillion. Of which 15 trillion are not used. But the numbers vary among economists. So I can't say for sure.
              But it was announced that in the first quarter of 1 the budget surplus amounted to more than 20022 trillion rubles. Surplus! This is extra money that the budget did not count on.

              The price of oil is about $100 per barrel. So Putin's statement about 4000 per barrel does not please me at all. I understand how he got that number. But this is not true. 100 dollars per barrel must be multiplied by 70 (the current exchange rate) and we get 7000 rubles. When recalculated for gold, it also turns out a little more than 7000 rubles (1,5 grams of gold at a price of 5000 rubles per gram). So Putin is wrong on this issue.

              It will not be possible to replace products in the same quality for a very long time. But this should not be an obstacle to import substitution. I have always said that for the development of the state, the Zhiguli is much better than the Mercedes. Yes, the consumer does not really like it. But for the development of the state and for the consumer (in the long term), the Zhiguli is definitely better.
              1. Awaz Offline Awaz
                Awaz (Walery) April 30 2022 14: 00
                Well, Putin's words about 4 thousand, as I understand it, were words about the optimal minimum price at which sales of raw materials already bring good and positive tax revenue. But given that when Putin said these words, gas was very cheap, now it is quite possible to strengthen the ruble exchange rate at the high price of gas so that imports are not so biting.
                I agree with you that it’s better to make a Zhiguli than to assemble Mercedes with otvetki, but we have destroyed all the machine tool industry and there is nothing to make these same Zhiguli and many components for these Zhiguli and Kamaz trucks. And even without competition, they really turn into buckets of bolts .. This is still the experience of Western production culture, maybe something else will work for some time, but then it will come.
                The topic with combines and tractors is also not very joyful ... With electronics, in general, a complete ass ...
                1. Bakht Offline Bakht
                  Bakht (Bakhtiyar) April 30 2022 15: 08
                  I don't know when Putin talked about the price of 4000. It doesn't matter. The sale of energy resources must be stopped immediately. And the price doesn't matter anymore.

                  About your production. The fundamentals of economics say that it is better to have your own non-competitive production than not to have any. Yes, there are problems. And even very big ones. Lost 30 years of the country's development. Moreover, we must immediately revive our production. And the competition should not be with Western models, but within one's own country.

                  There are several ways to get out of the crisis and raise your economy. There are various economic models. On one monetarism and GDP, the world did not converge like a wedge.

                  I always recommend Reinert's book and his theory of the "Other Canon".
                  By the way, he suggested a very clever move to slow down Russia. But he also said that in Europe there was no "skillful management, only a petty bureaucracy."
                  Very interesting interview from 2016
                  "Industrialization, industrialization and more industrialization"
                  1. Awaz Offline Awaz
                    Awaz (Walery) April 30 2022 16: 27
                    you are right in places and not in places. I lived in the USSR and worked at a defense plant that produced civilian products, including machine tools with program control. That's where I worked and I know all the ins and outs. A simple example: at the top, someone came up with the idea to make an automatic machine for the production of various turning products. What did they come up with ... they bought some kind of German (Germany) machine, already outdated, which was really cool and could do anything, but if you repeat it, it turned out to be too expensive. That's when our craftsmen throw out everything that is superfluous from it and make an automatic machine. But the problem is electronics. There, everything was sharpened for I.B.M. Well, somewhere they pushed through the purchases of AIBEM computers, either through the GDR or Hungary, and began to slap them to the machine. What's the trouble? The fact that this computer could serve up to 10, if I’m not mistaken, various kinds of metal processing processes on a German machine tool, and in Russian it only sharpened taps and something like that, that is, 1 monotonous operation. Then on the same topic they made a milling and so on. But no one dared to repeat what one would have with a full range of functions, since they thought it was expensive. Well, that's not even a problem. The trouble was with the culture of production. At the site where I worked, a good team of responsible and trained men was formed, and all other sections drove stupid marriage. And so it turned out that all the machines that our team did, they all left without complaints and were assembled on the first attempt by the adjusters, while the other adjusters themselves went nuts to set up and more than thirty percent then they also went to adjust on the ground, and some were never able to start .. But everyone received equal salaries. And when I was still young, I already understood that the very culture of production really affects the quality. And now, where I work, everything works according to German and Italian technology, and when I tried to change jobs and move to St. Petersburg for a similar production, after walking around several factories, I realized that I simply can’t get along with them, with the methods they work with. To sculpt such shit in such bad conditions, well, it's just beyond the comprehension of the mind .. And therefore they will never learn how to do everything quickly beautifully and efficiently .. And you want us to live in this shit?
                    1. Bakht Offline Bakht
                      Bakht (Bakhtiyar) April 30 2022 17: 32
                      I don't want to "live in this shit" in any way. And what is the culture of production, I also know well. I can give an example from my practice.
                      Worked in geological exploration. On the sea. Foreigners came, created a joint venture and began to work. Learned a lot from them. Then I became a shift leader. And already foreigners worked under the command of our guys. And the culture of production was mastered and marriage was not driven.
                      Have you read about the Korean economic miracle? How did a bicycle factory start making Samsungs? An ardent anti-communist dictator Park Chung-hee introduced five-year plans, government regulation, and harsh persecution of his opponents. Now the 11th economy in the world. Well, or something like that.
                      1. Awaz Offline Awaz
                        Awaz (Walery) April 30 2022 19: 34
                        so, if foreign companies leave with a well-thought-out logistics culture of production, and then, over time, we will begin to degrade little by little, until we slide down to the late USSR. I came across the topic of screws and self-tapping screws made in modern Russia, now they cannot be compared with the Chinese ones that we had before. Degradation, without competition, comes quickly. And if in the Soviet years degradation occurred precisely because of the lack of competition, now, in addition to this, there is also the greed of the owners: business owners save on everything, do not pay decent wages, buy the cheapest machines and equipment, do not serve on time, etc., etc..
                      2. Bakht Offline Bakht
                        Bakht (Bakhtiyar) April 30 2022 19: 44
                        I disagree with this statement.
                        In your case, if the management cannot improve the work of their subordinates, then the competition is not to blame. Blame the leader, who must be driven in the neck.
                      3. Awaz Offline Awaz
                        Awaz (Walery) April 30 2022 20: 25
                        yes, no, without competition, it will continue to develop. Where there is monopoly, this is exactly what happens: an insanely high price and absolutely no quality .. And if prices are also regulated, then there will be trouble in general.
                      4. Bakht Offline Bakht
                        Bakht (Bakhtiyar) April 30 2022 21: 39
                        Strictly speaking, there was no competition in the USSR. A number of goods were of low quality, but there were also world samples. And the price has never been "crazy high".
                        I do not call back to the USSR, but it is still worth looking at some positive points.
                      5. Awaz Offline Awaz
                        Awaz (Walery) 1 May 2022 08: 11
                        what was produced of high quality was military samples. And in order to achieve the desired results, it was necessary to do not only qualitatively, but also very, very qualitatively, without even considering the costs. For people at the household level, no one tried so hard. on the contrary, they tried to make it as simple and cheap as possible. And even if something was developed (and more often foreign was stolen) high-tech for the mass consumer, all sorts of enthusiasts and innovators destroyed or simplified technologies to such a level that the product lost all its advantages. I am ALL in favor of protecting the domestic market and stimulating the full cycle of production within the country. But you need to do this reasonably and definitely not try to concentrate the production of the entire range, but if you can do something well, you need to do it and develop and conquer markets, but you don’t have to go where the layman is. Although, if there is an opportunity, you can always try. we have a good example of this is the production of fertilizers. Russia is one of the leaders and it depends on it now more than ever whether there will be or will not be a harvest in almost the entire world. And they make a fairly solid portion of fertilizers from our native natural gas. And you probably don’t even know, but the production of fertilizers is more cost-effective than even making medicines and being at the level of drug production ... And these are not iPhones, without which everyone will survive - these are raw materials for food production, and already with a good added value. .. Only all this must be used correctly and the income from this must be invested in the country and not supported by foreign and even American racing teams, formula one or Riga hockey clubs.
                      6. Bakht Offline Bakht
                        Bakht (Bakhtiyar) 1 May 2022 09: 06
                        Seems reasonable, but not everyone agrees. This is Riccardo's concept. But the developed countries did not follow it. Of course, it is impossible to produce the entire range of items. There are thousands and thousands of items. But to concentrate on those industries that are most profitable is the path to poverty. It is necessary to produce products that give the greatest multiplier effect. After the war, Germany adopted the Morgenthau plan. With disastrous results. I had to urgently change to the Marshall Plan. Fertilizer production may be making good profits, but research is needed to find out what the multiplier of this production is.

                        The fact that in the USSR they could produce high-quality products suggests that they could also produce high-quality civilian products.
                      7. Awaz Offline Awaz
                        Awaz (Walery) 1 May 2022 18: 50
                        Almost any development of any kind of production can give a multiplicative effect, and not only iPhones or expensive cars. I'll give you two examples. I work at a furniture factory, at one time in the early 2010s one of the leaders in Russia. This is not a Soviet factory, but created from a garage cooperative in the district center. When they started, they did almost everything themselves, but when they turned around a little, they began to order many things on the side and this very furniture industry began to develop in the town, small workshops appeared for the production as well as for the manufacture of various kinds of components and hardware. Moreover, for our district town, this is not the largest cluster yet; since Soviet times, we have the largest (was generally the largest in Europe) plant for the production of fertilizers and a plant for the production of plastics, that is, polymers. So, the furniture cluster developed really powerfully and the salaries of the people were not bad, in some places at the EU level and taxes, and in the city any small business and trade naturally grew. but when the fall began from the year 13, the entire environment of this furniture factory began to wither, just like the whole small business. Again, it seems that chemists did not suffer much, but greed and not high salaries do not have a very positive effect on the development of everything around ..
                        And the USSR could and could make high-quality products, but no one needed it. Well, that is, the people might want to, but those who produced it were not interested. I have already described how my friend in his youth worked in the design bureau at Izhmash, where a young team, at the request of the top, built a fashionable youth motorcycle, but they refused to make it because it was too much to rebuild and redo at the factory. They have a plan to make 1000 motorcycles and they do it and they even overfulfill it a bit and everything goes away and it’s not even enough and what the hell for them to come up with something, it’s easier to stamp these 1100 motorcycles and let their appearance and characteristics be from the 40s, the main thing is plan and beautiful reporting.
                      8. Bakht Offline Bakht
                        Bakht (Bakhtiyar) 1 May 2022 19: 40
                        Furniture production is production. Which requires accessories. And repair. And it can be started in the garage (conditionally).
                        And the production of fertilizers requires technology, and what the multiplier will give is still unknown. But I wrote that a study of specialists is needed. Of course, this is an important point in production. But it is unlikely that we will be able to immediately determine its usefulness.
                        About youth development. It was in Soviet times. You yourself write that it was developed "at the request from the top." And why weren't the leaders interested in him?
                        The aircraft designer Yakovlev has an interesting remark. They called to Stalin and showed the complaint of some young aircraft designer that he was being clamped down and not allowed to build an ultra-modern fighter. To Yakovlev's objections, Stalin replied that the money was not very large. Let him build, and then we will decide. As expected, the experimental aircraft turned out to be quite good, but at the level of those already produced. They did not rebuild production because of some small details. The series did not go for technological reasons.
                        So, back to the motorcycle. Was there an excess of motorcycles in Soviet times? Was it worth it to rebuild production and lose 1000 motorcycles a year to create a "fashionable youth motorcycle"? The plant received materials and payroll based on these same 1000 motorcycles. I do not dispute this moment. But deciding what is more profitable for production will not be decided by the plant management, but by the very "tops" who ordered this motorcycle.
                        So they didn't kill him at the factory. The plant management did not have such powers. They hacked him to death, at least in the ministry. And most likely in the State Planning Commission.
                      9. isofat Offline isofat
                        isofat (isofat) 1 May 2022 20: 08
                        Bakht, I, especially without delving into, looked at your discussion. Your opponent is trying to reduce everything to competition, and explain the failures by its absence. This is not true.

                        Having opened so many enterprises, the power structures could not cope with their effective management. Mathematical models did not find a solution to this problem, management. The right to work is written into the Constitution. The law on parasitism from the same opera. The products of inefficient enterprises, the main purpose of which is to give people work, should be compared not with the advanced technologies of the West, but with their unemployment.

                        Today, with the information technology revolution, much has changed. New thinking. It happened yesterday.

                        PS I did not go into details and unnecessary reasoning. smile
                      10. Bakht Offline Bakht
                        Bakht (Bakhtiyar) 1 May 2022 20: 16
                        The laws have not changed. There are basic principles by which countries have grown rich over the past 300 years (England, USA). Or impoverished (Spain). Here are the basic principles. They are few and have not changed.

                        Two key parameters that distinguish different types of activities from each other are increasing/diminishing returns и perfect/imperfect competition.

                        With diminishing returns, the productivity of production falls with an increase in its volumes; with increasing returns, it increases accordingly. For example, the cost of each new instance of an aircraft or operating system is getting lower, and tons of oil produced or wheat grown are getting higher - for the simple reason that the most fertile lands and easily accessible coal deposits are developed first, while with an increase in production volumes, less and less productive areas have to be used, requiring large investments. The cost of aircraft and operating systems is dominated by the fixed costs of their development, and industrial production as a whole becomes cheaper with increasing volume.

                        Perfect/imperfect competition is also not very difficult to understand - coal (iron ore, oil) or wheat (bananas) from different producers do not differ much from each other, and buyers can easily switch between different suppliers, while with operating systems or microprocessors will not work this trick.
                        With imperfect competition, the manufacturer himself determines the prices for his products, with perfect competition he learns about them from the news. The right activities (high-tech manufacturing and some services) create national wealth in the form of higher profits, wages and taxes, which is then distributed throughout the economy. In particular, the level of wages is rising in other industries due to competition for labor and the presence of effective demand - which raises the salaries of, for example, hairdressers and drivers, whose productivity does not change. This and the mutual reinforcement of different high-tech industries (the development of operating systems has a beneficial effect on the production of processors) constitutes the third important parameter of economic activity - synergy.

                        The influence of these factors on the level of earnings in the country is such that it is more profitable to have an inefficient manufacturing industry than not to have any - salaries in the country will still be higher.

                        I don't think we are arguing. It seems to me that we are trying to clarify our points of view.
                      11. Awaz Offline Awaz
                        Awaz (Walery) 2 May 2022 07: 18
                        competition is one of the components that stimulates to produce quality. It also works in the subject of the labor force: those who want and know how to work well in good faith, they should receive decent pay for it, and those who do not want, they should hang out on the stock exchanges. And about highly qualified personnel in our country now, no one is particularly tense and do not appreciate real professionals. And it comes from Soviet times.
                      12. Bakht Offline Bakht
                        Bakht (Bakhtiyar) 2 May 2022 08: 16
                        In theory, this is correct. Foreigners once told me to watch a beautiful scene from the movie Armageddon. Just about competition.
                        There are a few noteworthy things in there.
                        "We've got 4 million pounds of fuel here, a nuclear bomb and 270 parts. And it was all done by the company that asked for the least money."
                        The company I worked for hires a couple of thousand newcomers every year. And old people with experience are fired after 40. No one needed the experience of veterans. It was called "renew the blood".
                        Any product has its niche on the stock exchange. Including not very high quality. Or unique. Regardless of price or quality.
                      13. Awaz Offline Awaz
                        Awaz (Walery) 2 May 2022 10: 22
                        in fact, these are all special cases. Where qualified and trained personnel are not needed, it makes sense to recruit young people and fire experienced ones. In the same place where the skill and experience of professionals is required, just the opposite is true: young people are taken poorly and they rely on experienced ones. More about niches. Yes, when a large assortment is produced and there is competition, both those who produce high-quality and expensive products and those who drive cheap consumer goods survive and find a consumer. However, without competition, everything starts to slide into this very low-grade sector with insane prices for high-end products.
                      14. Bakht Offline Bakht
                        Bakht (Bakhtiyar) 2 May 2022 11: 46
                        Unfortunately, the company I was talking about needed qualified personnel. There are no workers there. But that's company policy. They have an excellent training base and the management is sure that in six months they can make a specialist out of anyone. Very, very narrow profile.

                        Nobody objects to competition. For example, in Russia they killed competition in the aircraft industry (they created the United Aircraft Building Company), they killed shipbuilding (they created the United Shipbuilding Company). Whether this is good for the economy, I cannot say. From a competitive standpoint, it's unlikely. But after all, even in the West, large aviation companies have counted once or twice. Airbus seems to be releasing something decent. But with Boeing lately, it's just a disaster. And neither one nor the other companies are worth little without the support of the state.
              2. Awaz Offline Awaz
                Awaz (Walery) 2 May 2022 07: 34
                filled up the motorcycle at the factory. The youth design bureau was created on purpose and its task was precisely to create a new motorcycle by people with an uncluttered look. Especially for this, a Japanese engine was bought. I will not talk about all the movements, but the guys made a unique rear suspension, they even received a patent for something there, and then the kid saw this suspension or a very similar one already on western motorcycles. They also completely revised the engine in order to make it already in the USSR. But the motorcycle was not even allowed to be assembled in the form that they wanted, because they could not technically make the suspension, even on such a giant, there they even had problems with optics and a gas tank. Well, Stalin at least gave a person the opportunity to build an airplane, but these did not. Although initially they themselves created the team for this motorcycle. As a result, of course, they collected some kind of garbage and says that it is still somewhere in the museum, but this is the same planet with a Japanese engine and nothing else. And they didn't even release it.
                And so, in general, it creates a multiplier for any real production, but it creates in different directions in different ways. This is fine .
              3. Bakht Offline Bakht
                Bakht (Bakhtiyar) 2 May 2022 08: 28
                But the motorcycle was not even allowed to be assembled in the form that they wanted, because the suspension was made, even on such a giant, could not technically , there they even had problems with optics and a gas tank

                You yourself answered why the motorcycle did not go into series. As the saying goes "the best is the enemy of the good". Apparently at that time it was preferable to have a mediocre 1000 motorcycles than ten excellent ones. The T-34 tank was much worse than the Tiger. But they were released, it seems more than 30 thousand. There are less than 1500 tigers. The result is known.

                Ernst Neizvestny was once asked

                - You suffered from Khrushchev. Why did you start to create a monument to him on the grave?
                - Khrushchev was an ambiguous person and did a lot of stupid things. But just because he moved tens of thousands of people from barracks to Khrushchev, he needs to erect a monument

                Khrushchevs scold constantly. But at the time it was necessary. Millions of people still use them. Bad, poor quality, uncomfortable. But people lived in barracks and dugouts. Who argues that Stalin's Empire style is better than Khrushchev? But it was Khrushchevs that were built. And they refused the Stalinists.
                By the way, the monument is made on the contrast of black and white.

              4. Awaz Offline Awaz
                Awaz (Walery) 2 May 2022 10: 39
                About Khrushchev))) In our city there are stalinkas, which are even older than Khrushchev and those Khrushchevs. So, apartments in stalinkas, even neglected ones, are more expensive than panel Khrushchevs.
                This is precisely the T 34 topic that reveals when equipment at a critical moment is released, it may not be convenient and comfortable, and even with a low motor resource, but it successfully performs its inherent functions. That is, if a tank statistically lives on the battlefield for 500 hours, then it makes no sense to make its components and assemblies with a large motor resource. You can use not the most expensive materials and fuels and oils. No need to install air conditioners and fire extinguishing systems, etc. Minimally simple and unitary unit, but allowing you to perform the tasks assigned to it and bring results. But in civilian life, for training and education, the Tiger is still needed, because he needs to live for many years, not create difficulties for fighters with repairs and maintenance, and allow him to study in more or less comfortable conditions.
                You know, it turned out that the other day I had to overtake the VAZ 2114. This is not the most ancient unit and was completely in decent technical condition, but for 100 km of travel on it I was exhausted and tired.
                And about the motorcycle. Outwardly and in terms of technical characteristics, that bike was quite modern even by Western standards of those times, and it could have been brought to mass production. And in the same west, such a motorcycle, even releasing in small series due to the difficulties of some kind of initial stage, would be sold for 2 prices and a buyer would be found. Here the whole problem was precisely what you were talking about about the T 34: what for we should do something complicated and expensive if everything we do suits us. And it suits because there is no competition. As soon as foreign motorcycles appeared, the Izhsky ones disappeared because they never produced a product demanded by the population. Izhi was taken because there was no other option at all ..
              5. Bakht Offline Bakht
                Bakht (Bakhtiyar) 2 May 2022 11: 53
                Perhaps you are right. As for military equipment, it was written by Academician Krylov. When he compared Russian and French destroyers. But not everything is so simple. The same ship has been under construction for several years. And Japanese aircraft carriers had low survivability precisely because of the imperfection of the fire system. Americans lived much longer. There is also the moment of crew loss. Sometimes a trained crew costs more than a tank or ship.

                Often laugh at one of the episodes of the Pacific War. Before the Battle of Midway, the Americans hastily repaired the aircraft carriers Yorktown. So in the list of necessary repairs was the installation for soda water for the crew. The Americans considered this an important enough element, since they included it in the list of works. Despite the fact that the repair was carried out in a hurry.
              6. Awaz Offline Awaz
                Awaz (Walery) 3 May 2022 06: 57
                I do not say at all that only the market decides everything and that very competition. But competition is one of the important aspects of development. The same Boeing began to degrade, perhaps because they lost their coasts and got too carried away with government orders, where funding was fat and it was not possible to control it. It was also likely that their reputation gained over the years did not arouse suspicion among consumers that they were chasing bullshit. And despite the problems with the planes, they were still bought until a serious plane crash began. But on the other hand, having found themselves in a difficult situation and having the same competitor in the form of Airbus, they are now frantically looking for ways to restore their reputation. And they will surely recover
              7. Bakht Offline Bakht
                Bakht (Bakhtiyar) 3 May 2022 07: 25
                So I do not deny the importance of competition. Just at the very beginning, I said that competition is needed not with Western models, but within the country. And only after creating samples comparable to Western ones, it is possible to open borders and compete with Western ones. Free trade and a free market are possible only after the creation of its own manufacturing industry. The early opening of markets (which happened in Russia) is detrimental to the country's economy.
              8. Awaz Offline Awaz
                Awaz (Walery) 3 May 2022 09: 59
                I already wrote about the fact that I worked in the machine-tool industry in the USSR. So, in order to make your own machines, you must have the same machines to make machines. In the place where I worked, very often Japanese German and English machines worked. This is the late USSR, a military-industrial complex plant, but at least more than half of the high-precision machine tools were foreign. And we produced not very successful outdated copies of the same Western machines. Taking into account the fact that the West even then did not sell its coolest machine tools in the USSR, then we were already technically inferior in equipment and in the quality of products. And getting out of this, with that control system, was not possible at all, because the production administration was more important than the plan and the quality was not at all important .. Moreover, I can tell you a secret: our foreign machines were very poorly serviced, since replacement of spare parts or just tuning required currency or a lot of money, then they tried to make do with self-repair and handicraft innovation, which only worsened the operation of the machines.
                Now nothing is changing. All the same . Still sinking to the bottom and without Western machines everything will be worse and worse
              9. Bakht Offline Bakht
                Bakht (Bakhtiyar) 3 May 2022 10: 21
                This is a defeatist position. Instead of improving your production, you suggest using the Western one.

                Does the current situation surprise you? At one time, Medvedev said that we should not produce our own bad planes, but should buy good Western ones. Instead of saying that you need to improve your planes.

                I don't agree with you. I can again give an example with cars. Your suggestion is that we should buy Mercedes and close the production of Zhiguli. With what funds will you provide hundreds of thousands of jobs lost due to poor production? It is hundreds of thousands, taking into account subcontractors. I can predict the result with an accuracy of up to 99%. The unemployed in Tolyatti will assemble a bad armored car, put Zyuganov on it and give him a cap in his hand. The right way is to improve your car and ensure state acceptance as a military product. The customer accepts the equipment. And the plan of the enterprise is considered fulfilled if the customer has accepted the goods.

                We need to create our own patterns. And even if they are not very good now, then they need to be improved. That is, again, to create their own design bureaus. And who hack - seriously punish. At one time, Tupolev was sent to a sharashka for hack work. To fix what he screwed up.
                And about service (production culture) was written back in the 30s by N. Ostrovsky. About the hack Kostka. It is much easier to teach your own normal work than to use someone else's. And the untrained will go out into the street with a broom. However, there is also responsibility involved.
              10. Awaz Offline Awaz
                Awaz (Walery) 3 May 2022 13: 04
                the trouble is that in the current economic system in Russia, all that you wrote in the last paragraph is impossible ..
                I'm not saying that you don't have to do anything, but it's better to buy, but you need a clear policy on this topic. It is necessary to create an industrial cluster that could provide most of the needs and an electronic cluster, and so on and so forth. But look, not a single oligarch invests what he earns in Russia in Russia. They buy clubs in England or maintain unprofitable racing teams from the USA, throwing a minuscule amount into Russia, but they do not want to and will not invest grandiosely in the country. The state is also not very torn in this topic. Well, that is, there have been cases when the state finances a project, then it is privatized and then some Western competitor buys it out and successfully closes or transfers it to such a production sector that it becomes useless and unnecessary for Russia.
                in order to produce modern chips for processors, we need equipment that no one will sell to Russia. They don't even sell it to the Chinese. Although we have a lot of people who can create any processor or any microcircuit, they can only produce on very old equipment, already definitely losing competition. That is, we will never become leaders here at all. No one understands this and does not climb. We have a topic with Elbrus Baikal processors and everything connected with them, but you know what prices they wrap. Dai make them in Taiwan. But it would be possible for the authorities to subsidize their sales for the domestic market, and when the volumes grew up and our citizens got used to them, it would be quite possible to develop something similar inside the country. But I repeat here we need a different economic policy, incentives and desires. When the main priority is to cut the loot and hide it offshore .... nothing will come of it
              11. Bakht Offline Bakht
                Bakht (Bakhtiyar) 3 May 2022 13: 07
                But I repeat here we need a different economic policy, incentives and desires

                This is what we are talking about.
  3. Bakht Offline Bakht
    Bakht (Bakhtiyar) 2 May 2022 08: 52
    Well, Stalin at least gave a person the opportunity to build an airplane, but these did not

    By the way, I was inaccurate. I wrote from memory. Here is how Yakovlev describes this moment
    After half a year of fruitful work in a new position, a serious complaint was received against him, and on this occasion he was summoned to the Kremlin. Word to the author of the memoirs:

    “When we [with the people's commissar] entered Stalin's office, there was a meeting going on. Nearly all the members of the Politburo were seated at a long table. Stalin came out to meet them, greeted them, then took some document from the table and, standing up, without inviting them to sit down as usual, began to read it aloud without any explanation.

    As he read, my health deteriorated. It was a letter from one of the designers, in which he asked to be allowed to carry out an aircraft project he had developed with very high combat qualities. The designer wrote that he could not count on the support of the People's Commissariat, where Yakovlev was in charge of experimental aircraft construction, who, being a designer and fearing competition, would not miss his project. That is why he appeals directly to the Central Committee.

    In conclusion, the author of the letter expressed his surprise that in such a case as pilot aircraft building, there is a designer who cannot be objective in any way and will begin to "clamp" others. And he ended the letter with a promise to complete the task, if he was entrusted with it, and to show that he can give the country the best, fastest and most powerful fighter in terms of armament.

    There was complete silence as everyone present listened intently. It began to seem to me that it was not by chance that the leaders of the party had gathered here.
    Stalin finished reading, slowly, neatly folded the sheets.
    - Well, what do you say?
    I was extremely upset, but said:
    - This designer did not contact me.
    “Well, what if you applied?”
    - In this case, we would consider the project and, if it turned out to be good, we would submit a proposal to the government to build an aircraft.
    How is the project, is it good?
    - I find it difficult to say anything, because I have not seen the project. It is not clear why the author turned directly to the Central Committee: as I promised, I try to be objective.
    Then Stalin said:
    “Of course, he should have talked to you first. Without talking to you, immediately writing a complaint against you is not the point. I don’t know what kind of project this is, maybe the plane will be good, or maybe bad, but the numbers are tempting. Let's take a risk and build it. By the way, how much will such a plane cost?
    - I think that nine or ten million
    - We'll have to take a chance, promises are very tempting. Perhaps the money will be wasted, well, well, I'll take the sin upon myself. And I ask you: do not persecute him for this letter, help build the plane.
    I gave my word that I would take all measures to ensure the construction of the aircraft. The People's Commissar made the same promise.

    ... It goes without saying that the necessary support was provided to the designer. Unfortunately, despite the high costs, the plane did not work out for him and crashed during the first flight. At the same time, trying to save the car, one of the best military test pilots Nikashin died.

    As for the complainant. Yakovlev does not name him, but it is not difficult to calculate him - this is Mikhail Ivanovich Gudkov (one of the developers of the LaGG-3 aircraft). After the incident described, he was stripped of his rank of chief designer and sent down to an aviation plant in Tashkent.
  • Enoch Offline Enoch
    Enoch (Enoch) April 29 2022 15: 21
    First, return the stolen 300 billion gold, otherwise the game is somehow incomprehensible, whose bank?
  • kalita Offline kalita
    kalita (Alexander) April 29 2022 16: 35
    It was like that under the USSR. Send Europe and live by your own rules.
    1. Oleg Rambover Offline Oleg Rambover
      Oleg Rambover (Oleg Pitersky) April 29 2022 17: 23
      Quote: kalita
      It was like that under the USSR. Send Europe and live by your own rules.

      THE USSR!!! Aw....!!! Where are you!!!
      1. isofat Offline isofat
        isofat (isofat) April 29 2022 19: 42
        Oleg Rambover, your genuine grief causes sympathy. You seemed smart then, not like now. laughing
  • 1_2 Offline 1_2
    1_2 (Ducks are flying) April 29 2022 16: 36
    no need to tie the ruble to anything ... dollars, pounds, euros are not tied to anything, they are printed in trillions and their rates are stable in relation to each other (to the friendly currencies of Western countries), by agreement of the Central Bank of these countries (they manipulate in forex)! the exchange rate of the ruble should be determined by the one who produces it (and not currency speculators, especially not Western speculators, saboteurs who play against the ruble even at a loss), that is, the Central Bank of the Russian Federation,
    just like the wholesale price of a roll is determined by the bakery (and if the bakery itself sells at retail, then the retail price is set by the bakery).
    the economy of Socialism is good in that speculation was excluded from the economy in it - there were no currency and stock exchanges, circulation of foreign currencies was prohibited, even all trade was state-owned so that there was no commodity speculation, as a result, prices were stable for decades. the price was determined or adjusted by the state plan (bypassing any intermediaries and outbids). yes, this has its drawbacks, but they can be eliminated, the main mechanism worked like clockwork - there were domestic goods on the shelves, the price of which had not increased for decades. it’s another matter that some goods were inferior to imports in design, there was a shortage, etc., but this matter is fixable, you just need to rework the design, design and increase production (or copy it).
    The West sells and buys only with their currencies, this is simply their condition for trading with them (and not the "magic" of their super-duper currencies, which they called "convertibility"). also the Russian Federation can set them (and other countries) such a condition - do you want to sell us and earn money? well we will buy but for rubles! just like the West buys Russian goods (only resources are their condition) for their candy wrappers. if you don't want to sell for rubles - pass by the Russian market. only Russian goods will be on the Russian market, which will give the Russians more jobs and ensure commodity sovereignty. of course, the Russian Federation cannot immediately learn to produce and develop everything, especially in electronics and other complex products, so you will have to buy them for export foreign currency (this is a condition of the West and other countries), until your products are developed, and the currency that is unnecessary for imports from exports, it is necessary to translate into gold and precious metals, this is what the West does! they do not accumulate other people's currencies in gold reserves, they do not need it, I repeat - they buy only for their candy wrappers. and they accumulate gold, because the sellers of the goods on which they depend (resources) may refuse to sell for their currencies and ask for gold and other metals that are eternal in value. By the way, the Russian Federation can safely demand gold, but only when it gets rid of its dependence on Western goods, otherwise they will also demand gold.))
    In short, it is necessary to return the economy of Socialism (gosplan, state industries), end liberalism (the economy of offshore crooks, bandits, embezzlers of state funds - Judas), patch up the bottom of the country from which all wealth flows, in order not only to increase the welfare of the people (the death of speculation in all its forms) , but also to save the country, the confrontation with the West (possibly in the future with the PRC) will only intensify - the Russian Federation is a pantry of resources, forests and arable land, and only a military socialist economy can turn the Russian Federation into an impregnable fortress
  • Sapsan136 Offline Sapsan136
    Sapsan136 (Alexander) April 29 2022 17: 12
    Not necessarily gold. You can return the royal silver ruble, for example, issue a coin with a denomination of 500 rubles, with a silver content of 10 grams, or carry out a monetary reform and return royal coins into circulation, where the ruble coin weighed 17,5 grams of silver. There is a lot of silver now, so it's a very real picture. This step would give the population of the Russian Federation a guarantee of saving money and save the people from the desire to keep dollars under the mattress. Oil, gas, diamonds, rare earth metals, also sell abroad exclusively for gold and silver, and not for paper cut in the USA ...
    1. Bakht Offline Bakht
      Bakht (Bakhtiyar) April 29 2022 21: 46
      Precious metal coins are an anachronism. They have long been abandoned by physical laws. Over time, the coin is erased and the amount of precious metal in it decreases.
      1. Sapsan136 Offline Sapsan136
        Sapsan136 (Alexander) 5 May 2022 11: 19
        Over time, these are tens, if not hundreds of years, and paper banknotes have to be changed much more often, due to their wear and tear ... in a number of countries, banknotes began to be made of plastic ... I do not propose to completely abolish banknotes, I propose to put into circulation coins from precious metals on a par with banknotes and the free exchange of banknotes for coins, if desired (for example, a person saves, under a mattress, for an apartment (a car, no matter what) we have such people and are worried about the safety of their savings. Now they buy currency , otherwise they will be able to save money in coins from precious metals ... the free exchange of banknotes for coins from precious metals will not only reduce the demand for foreign currency within the Russian Federation, but also increase people's confidence in both the ruble and domestic banks ...
        1. Bakht Offline Bakht
          Bakht (Bakhtiyar) 5 May 2022 11: 40
          The paper is easy to change. And there is no way to restore the wear and tear of coins.
          The golden ruble does not mean minting gold coins. Pegging a currency to gold is the golden ruble.
          As for the sale of gold to the population, I personally have a negative experience. in Azerbaijan. One bank said it was selling gold to private individuals at the official rate. I turned to the bank with a request to sell the gold and store it in the cell of the bank itself. They explained to me that I cannot buy physical gold, but the bank will issue me a receipt that I have virtual gold. I didn't even scold. Silently he turned and left.
          1. Sapsan136 Offline Sapsan136
            Sapsan136 (Alexander) 5 May 2022 12: 16
            Coins are easy to melt, and their wear is much lower than that of paper bills ... The real disadvantage of coins is only their weight, if we are talking about large amounts, this was the incentive for the creation of paper bills, and then plastic bank cards .. This is where you contradict yourself - you were not satisfied with virtual gold, but you are calling for the provision of such gold for the ruble ... because in this case, not residents of the Russian Federation, but only foreign states will be able to get real gold for rubles, as was already the case with the Soviet ruble , so for the population of the Russian Federation such a ruble will not become attractive, given the losses the people suffered during the collapse of the Soviet ruble ...
            1. Bakht Offline Bakht
              Bakht (Bakhtiyar) 5 May 2022 12: 40
              Depreciation, abrasion, erasure of coins - natural, as a result of participation in circulation (as opposed to malicious - see "Cutting coins", "Counterfeiting"; and unlike technological - see "Coin marriage", "Remedium"), loss a coin of standard weight or receiving various mechanical damage.

              The higher the speed of circulation of the coin and the longer the period of its participation in the calculations, the higher the degree of wear. So, a gold coin loses 30-1,5% of its original weight over 2 years of circulation

              Why is it that only foreigners can get it when the ruble is provided with gold?

              There is no such thing on Russian banknotes.

              The collapse of the Soviet ruble was not connected with its provision.
              The export of currency abroad can only be carried out by certain banks and under the control of the state. Let's say it was Vnesheconombank.
              I used the Soviet ruble for half my life and never doubted its stability. Until the monetarist reformers came.
              1. Sapsan136 Offline Sapsan136
                Sapsan136 (Alexander) 5 May 2022 13: 02
                Well, because there was no free exchange of rubles for gold, for citizens, in the USSR ... There were Soviet coins made of precious metals, for example, silver rubles of 1922-24 containing 18 grams of silver, then only paper remained ... But I strongly doubt after under Gorbachev all my savings turned into nothing, but if I had coins made of precious metals, and not toilet paper, I would not have lost my savings ... You understand, it doesn’t matter to people what caused the collapse of the national currency in on a national scale, it is important for them how to preserve their savings and put into circulation coins from precious metals, this is a guarantee of financial security for ordinary citizens (the export of such coins abroad can be banned and limited, it is important for people that they have them in their pocket, inside the country , which will protect the common people from all sorts of defaults, from which the people are already sausage). This is a matter of citizens' trust in the ruble, who today keep the currency under the mattress ... being afraid that something might not happen ... The introduction of coins from precious metals will increase the attractiveness of bank deposits, because it will reduce inflation in the Russian Federation to a minimum ...
                1. Bakht Offline Bakht
                  Bakht (Bakhtiyar) 5 May 2022 13: 07
                  the introduction of coins from precious metals is a guarantee of financial security for ordinary citizens

                  Not sure


                  During the Great Depression, on April 5, 1933, US President Franklin Roosevelt issued Executive Order No. 6102 on the actual confiscation of gold bullion and coins from the population and organizations. All individuals and legal entities located in the United States, with rare exceptions, were required until May 1, 1933 to exchange gold for paper money at a price of $ 20,66 per troy ounce at any bank in the United States that has the right to accept gold.
                  1. Sapsan136 Offline Sapsan136
                    Sapsan136 (Alexander) 5 May 2022 13: 12
                    Judging by the fact that now in any specialized store you can buy US silver dollars of those times, far from everyone fulfilled Roosevelt's decree ... In the USSR, royal and Soviet coins from precious metals were melted into rings, rings and dental crowns for a long time ... even I I remember this...
                    1. Bakht Offline Bakht
                      Bakht (Bakhtiyar) 5 May 2022 13: 21
                      Yes, not all have been completed. The link says 23%. I assure you that in the USSR they would have completed 99%.
                      So in the USSR, gold trading in stores was not prohibited. You could go and buy in the store and rings and rings and chains. Another thing, at what price ....
                      I can still go to the store and buy gold. But the price is about twice as high as the exchange. Gold in products and in bullion differs in price by a factor of two.

                      Although five years ago, in our stores and banks, gold bars of 99 samples were sold at 50, 100 gr. With certificate. The price is like on the stock exchange. Another thing is its storage. When it was sold, even the slightest scratch was no longer accepted by the bank. Or at a big discount.
                      1. Sapsan136 Offline Sapsan136
                        Sapsan136 (Alexander) 5 May 2022 13: 31
                        Of course, you have the right to your own opinion, but the number of tsarist and Soviet coins made of precious metals in the hands of the population of the USSR, even in the 70s and 80s, allowed people to melt them into dental crowns ... so far from all of them were handed over to the USSR .. .In the USSR, there was even a queue for wedding rings, they had to be ordered by providing a certificate from the registry office that you were planning a wedding, there was a shortage, and artificially created and not from a great mind, by the leaders of the USSR, whose stupidity finished the country ... Now only the price confuses you, and in the USSR the question was not only in price, but also in the availability of goods ... As a result, something was bought, with an overpayment, on the black market ... or ordered by private craftsmen (who did not work officially), from own gold (the same dental crowns that were made from royal gold coins) That's just the point, that even five years ago, selling you ingots in a bank, you were put in such a framework that you could be thrown when trying to exchange gold for cash , under the pretext of scratching the ingot ...
                      2. Bakht Offline Bakht
                        Bakht (Bakhtiyar) 5 May 2022 13: 50
                        Shortages for some types of goods were created artificially, and not because of the stupidity of the leadership. This fully fit into the two-loop model of the country's financing.
                        What Patrushev is calling for. Gold backing is not the primary concern. The purpose of the gold peg is quite different. Pegging the price of goods to the dollar has shown its perniciousness. Therefore, it was decided (or not yet adopted, but being considered) that the binding of the domestic price of goods to world prices and to the dollar was recognized as insignificant. That is, it is cancelled.


                        But in any case, some kind of standard is needed. So far, we have decided not to reinvent the wheel, and make a peg to gold.
                        The Ministry of Economic Development considers that 5000 rubles per gram is sufficient at this stage. Therefore, the Ministry of Economic Development considers the rate of 80-85 rubles per dollar to be normal. Today's exchange rate of 66 or 68 rubles is unfavorable for the economy. Therefore, a time lag was laid. The price of gold is fixed until July 1, 2022. There will be an adjustment after July 1st. Depending on the situation, either change or remain the same.
                        Slowly (I would like it to be faster, but it is not up to us to decide about the pace) the ruble is being decoupled from the dollar. Soon this course will not matter at all. If the ruble is provided with a domestic product (mandatory demand), then the value of the dollar will not interest anyone. How did not interest me personally until 1990.
                        The ruble does not have to be pegged to gold. But at this stage (transitional) some binding is necessary.
                      3. Sapsan136 Offline Sapsan136
                        Sapsan136 (Alexander) 5 May 2022 13: 55
                        Well, this again will not give guarantees to the ordinary population, and the introduction of coins from precious metals into circulation is a guarantee specifically for the people ... What we have today has already led to the creation of a black market, including foreign exchange, and far from banking course, as it was already in the USSR ...
                      4. Bakht Offline Bakht
                        Bakht (Bakhtiyar) 5 May 2022 14: 33
                        I once asked (about a month ago) whether there is a black currency market in Russia. I was told that dollars are sold at 200 rubles. I was told on this site that this is not the case.
                        It is very important for me personally. The question is whether there is a black market for currency and what is the exchange rate on it?
                      5. Sapsan136 Offline Sapsan136
                        Sapsan136 (Alexander) 5 May 2022 14: 37
                        As far as I know, the black currency market in the Russian Federation exists, at least it existed, until it was possible to buy cash currency in banks, and even now, in banks, the price of selling cash currency, as far as I heard (I did not see it myself), is noticeably different from the official rate ... I don’t know what rate it is now, I wasn’t interested myself, but I heard that it is far from the official one ... That’s why I say that the introduction of coins from precious metals into circulation could significantly reduce the demand for cash currency in the Russian Federation. ..and increase people's confidence in the national currency. The emergence of a black currency exchange market in the Russian Federation, in the Russian Federation, even on central TV, was reported ... Personally, I have a foreign currency bank account that was opened several years ago, but I don’t need cash now, so I don’t know what is happening with cash now ... What they said about the cash sale rate on TV, there is a very large fork, at cash prices in different banks, I don’t remember the exact numbers and it’s not a fact that it is possible to buy cash at the minimum announced price TV price, as an announcement may hang that, like, cash has ended today and when it will be, God knows ...
                      6. Bakht Offline Bakht
                        Bakht (Bakhtiyar) 5 May 2022 15: 02
                        So this is old information. About the black market. Yes, it was when there was a ban on the sale of currency. Even now, as far as I know, there are restrictions on the purchase of foreign currency in the country. For example, in Azerbaijan there is a restriction (unofficial) on the purchase of foreign currency. Approximately $11 per year. Officially, no one recognizes this ban, but in real life it exists. Anything over $000 can also be bought, but you need to prove the legitimacy of this amount.
                        In reality, ordinary people do not care, because few people can exchange 11 even a year. But for the moneybags, the decree is not a decree anyway. But because of this, we also have a black market. But it is so insignificant that no one notices it.
                        In Russia, as far as I know, since the beginning of April, the ban on the sale of foreign currency has been lifted. And you can buy currency. Compared to Azerbaijan, you have a paradise. $10 limit and overseas transfer maximum $000 per month.

                        But the question remains. Why is the dollar exchange rate now 66 rubles? A huge influx of foreign currency for exports and an order for the mandatory sale of foreign exchange earnings in the amount of 80%. And who needs currency now when exports to Russia are banned? This is where the rate drops. Someone wants to save their money by converting to dollars? In the current unstable situation, this is a rather risky undertaking.
                      7. Sapsan136 Offline Sapsan136
                        Sapsan136 (Alexander) 5 May 2022 15: 13
                        And risk is everywhere. So, for example, around May 6 of this year, the Russian Federation must again pay for some external debts, and since the foreign currency accounts of the Russian Federation were actually stolen from the Russian Federation by NATO countries, the Russian Federation stated that it would pay in rubles, at the exchange rate on the day of payment, which does not suit a number creditors (personally, I wouldn’t pay at all until the money stolen from the Russian Federation is returned, but it’s not up to me) ... In the West, they have already announced that they can declare a technical default of the Russian Federation, which will give rise to the confiscation of real estate remaining from the Russian Federation over the hill and other property ... How this will affect the ruble exchange rate, only God knows, so few people in the Russian Federation risk storing ALL savings in rubles today ...
                      8. Bakht Offline Bakht
                        Bakht (Bakhtiyar) 5 May 2022 15: 23
                        Confiscation will be in any case. So there is no need to be fooled. But I'm waiting for the middle of May. How will yesterday's presidential decree be implemented? In fact, it means the cessation of any export to Europe.

                        What will happen to the dollar?
                        The euro has already fallen against the dollar. The Fed raised the rate to 1%. It will continue to rise. They are trying to curb inflation. But this is their internal sexual affair. Russia should not be interested in the value of the dollar or the euro.
                      9. Sapsan136 Offline Sapsan136
                        Sapsan136 (Alexander) 5 May 2022 15: 35
                        In general, yes, but the Russian Federation should be interested in the financial security of the citizens of the Russian Federation, stability in the Russian Federation itself, both political and economic, to a large extent depends on this, because the best way to retain power is to support the people and the army in which these people serve, and not the batons of the OMON, on which he would have held on and would not have held on if he had been in power for a few more years, Yeltsin, hated by most of the people and the army ... It's no secret, after all, that the majority in the Russian Federation contemptuously calls the Yeltsin Center the Alkash Center and is not against its closure and use buildings for a different purpose, more useful for the Russian Federation.
                      10. Bakht Offline Bakht
                        Bakht (Bakhtiyar) 5 May 2022 16: 06
                        Financial security is the most important component of state security. And therefore it is unacceptable to leave a peg to the dollar.
                      11. Sapsan136 Offline Sapsan136
                        Sapsan136 (Alexander) 5 May 2022 17: 07
                        I agree, but it would also not hurt to think about the financial security of the people, because a disgruntled people is not order in the country, but the Russian Federation does not need it ... there is no need to rock the boat and thereby multiply the dissatisfied ... this is not only a matter of the well-being of citizens and the development of the Russian Federation, but also the issue of national security ... It is enough to look at Kazakhstan to understand how it ends ... There, the economic protest was quickly saddled by politicians and not of the best use ... Therefore, you need to think about the welfare of the people in the Russian Federation with your head, and not what Yeltsin or Nazarbayev thought ...
          2. Sapsan136 Offline Sapsan136
            Sapsan136 (Alexander) 5 May 2022 14: 58
            In my opinion, now in the Russian Federation there is a demand for the currency of third countries, which is problematic to buy at a bank ... In view of recent events, the people, in part, have lost confidence in the dollar and the euro, and to buy, say, Swiss francs, or something like that, in cash and not only in cash, in the Russian Federation the problem is not real in every city ... So in my Voronezh, and this is a large regional center, you can buy such a currency only in one bank, and even there it is difficult ... in smaller towns, probably , this is not realistic at all ... About a year ago, I called Sberbank and was interested in the possibility of opening an account in Swiss francs, they answered me that it was possible, but the minimum deposit amount should be either 10000 or 20000 francs, which limits me and the majority of citizens, since some do not have such an amount at all, while others, reasonably, do not want to invest ALL their savings in one place, for fear of losing them ...
  • Professor Offline Professor
    Professor (Paul) April 29 2022 18: 11
    Long overdue!

    It's a pity to live in this beautiful time
    Neither me nor you will have to ...

    (N.A. Nekrasov)
  • Jacques sekavar Offline Jacques sekavar
    Jacques sekavar (Jacques Sekavar) April 29 2022 19: 12
    History teaches nothing, they tried in the XNUMXth century in the Russian Empire and in the XNUMXth century in the USSR - a complete failure in both cases.
    The amount of gold in the total mass of the planet can be calculated, but its extraction will never meet the needs of the economy and therefore will inevitably become a brake on the development of the economy. Apparently that's why they abandoned the gold standard.
    Is it proposed to step on the same rake again?
    It is only possible to discuss the binding of the ruble to the productive forces - land, subsoil, tools, commodity production, etc.
    This eliminates stock speculation and exchange rate fluctuations even during one trading session, it will give stability and predictability, which is essential for any planning.
  • Polente the Wanderer April 29 2022 19: 17
    determine the value of the ruble, which must be backed by both gold and a group of goods that are currency values

    Providing the settlement currency, in our case, the ruble, with gold should mean that the ratio of the ruble and gold will be fixed. Currently, the ratio floats depending on supply and demand in the market. график цены золота на спотовом рынке.
    And as experts with RBC said, the gold reserve is unlikely to be enough to exchange (secure) all the rubles for gold ... The Yankees knowingly refused to back the dollar with gold. After all, in the Bretton Woods system, the dollar was secured (fixed) with gold -

    The price of gold is rigidly fixed at $35 per troy ounce (31,1034768 grams).

    And today, a troy ounce costs 1908-1909 US dollars.
    And how to tie the ruble to goods that are currency values? Oil, gasoline, gas (cost) to be rigidly tied to the ruble?
    In our country, regardless of the cost of oil, the cost of gasoline is always growing ...
    1. 123 Offline 123
      123 (123) April 29 2022 20: 31
      In our country, regardless of the cost of oil, the cost of gasoline is always growing ..

      The cost of oil does not significantly affect the price of gasoline. hi

      these are the features of the tax regulation of the industry
      1. Polente the Wanderer April 30 2022 18: 12
        Export from Russia of goods from the group "oil and oil products" for the period April, 2014 - April, 2021 amounted to $1352.7 billion, with a total weight of 4401924 thousand tons.
        Mainly exported were “crude oil and crude oil products” (53%), “oil and petroleum products (excluding crude)” (35%).
        If the cost of gasoline (as one of the "group of goods that are currency values") will rise or fall? with the gold standard of the ruble, what is the point of tying the ruble to goods of "currency value"?
        Then how will the Ministry of Finance sit on two chairs - the stability of the ruble or the receipt of additional revenues to the budget?
        From your link from -

        And Deputy Energy Minister Pavel Sorokin called the damper a very important element of budget support for the fight against coronavirus.
        1. 123 Offline 123
          123 (123) April 30 2022 19: 38
          If the cost of gasoline (as one of the "group of goods that are currency values") will rise or fall? with the gold standard of the ruble, what is the point of tying the ruble to goods of "currency value"?

          I described the peculiarities of pricing for gasoline inherent in the domestic market. Export pricing is calculated quite differently.
          In addition, they are exported in scanty quantities. I doubt that he will enter the "group of commodity values."

          Will it rise or fall is a rather strange question. The fact is that the price of gold is also changing. Do you want a "reference anchor" whose price will not change? Do you have one in mind?
          Gold alone is not enough to secure the money supply. Just compare how much gold is physically available, its value and compare with the money supply.

          Then how will the Ministry of Finance sit on two chairs - the stability of the ruble or the receipt of additional revenues to the budget?

          How do I know what the Ministry of Finance will sit on? There is also the Central Bank with its own furniture set.

          "And Deputy Energy Minister Pavel Sorokin called the damper a very important element of budget support for the fight against coronavirus."

          This is nothing more than a ritual phrase, the article is not new. Then, not a single speech could do without mentioning the coronavirus, as without mentioning the leading role of the party during the Soviet era.
    2. Bakht Offline Bakht
      Bakht (Bakhtiyar) April 29 2022 21: 50
      Providing the settlement currency, in our case, the ruble, with gold should mean that the ratio of the ruble and gold will be fixed.Currently the ratio is floating depending on supply and demand in the market.

      In order to balance supply and demand in the domestic precious metals market, the Bank of Russia will buy gold from credit institutions from March 28, 2022 at a fixed price. The price from March 28 to June 30, 2022 inclusive will be 5000 rubles per 1 gram.
      1. Polente the Wanderer April 30 2022 17: 43
        WONDERFUL ... During the period March-April, the cost of gold was from 5000 to 7680 rubles. Those who bought (and bought to save their rapidly depreciating savings) at that moment can now only throw gold on the cheap to get rubles ... If it were only speculators then another matter, but speculators very sensitively monitor quotes and usually take off on time. ЦБ РФ – Курсы драгметаллов
  • svetlanavradiy Offline svetlanavradiy
    svetlanavradiy (Svetlana Vradiy) April 29 2022 20: 26
    Even in the West, it is recognized that the ruble is the most undervalued currency in the world. Therefore, it is necessary to decide quickly and to embody what we are only talking about so far.
  • Oleg Rambover Offline Oleg Rambover
    Oleg Rambover (Oleg Pitersky) April 30 2022 15: 22
    Kina will not

    “As for tying the ruble to gold, this is not discussed in any way”

    — assured the head of the Central Bank.
  • weddu Offline weddu
    weddu (Kolya) 1 May 2022 01: 26
    There is a double-edged sword here. On the one hand, the ruble will become the world's reserve currency. On the other hand, if the ruble is tied to gold, other countries will start buying it up and exporting it for reserves, Russia will have to run a printing press like in the USA to make up for the lack of money, but Russia is not a bottomless gold barrel, and in case other countries decide to exchange all their rubles for gold, as De Gaulle did with dollars, asking for gold from the United States for them, the Americans untied the dollar from gold, and what will ours do if another special operation happens and everyone wants gold instead of rubles?