You can’t take it, but you can use it: the EU has figured out what to do with the assets of the Russian Federation


Europe, following America, froze multibillion-dollar assets belonging to both Russia and its citizens. This unprecedented step has already caused irreversible changes in the global financial system, and in order to avoid its further collapse, the West is looking for ways to save face, justify its barbaric raider actions and try to get out of the situation with minimal losses.


The desire to completely “nationalize”, or rather, appropriate someone else’s property and funds, is great, but so far the anti-Russian coalition is not so much unable to do this as it does not want to, it is afraid, despite all the requests from Kyiv, to give what is actually stolen to the needs of Ukraine.

For many months, from the moment when more than 60 billion euros of Russian assets were frozen in the EU, specialists and experts from Europe have not been able to come up with a way to legally rob the Russian Federation through the seizure of frozen assets without completely destroying all the principles. But a very original solution was found: if the money cannot be taken, they can be used and receive income from this process.

For example, observers of The Wall Street Journal note that the assets of the Central Bank of the Russian Federation are protected by the international principle of state immunity. For this reason, the European Commission, instead of withdrawing and even more so transferring to Ukraine, suggests that the EU countries establish a fund to manage Russian assets. Bank profits from funds in the EU were proposed to be used to help Kyiv.

Any other actions, especially confiscation, embezzlement, on the contrary, will threaten with great consequences for Europe itself. This will help strengthen the ruble, increase the dominance of the Chinese yuan and other "alternative" currencies, with the help of which world investors will begin to "rescue" from the financial robbery of Washington and Brussels.
  • Photos used: pixabay.com
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  1. lord-palladore-11045 (Konstantin Puchkov) 2 December 2022 10: 06
    -1
    Central Bank of the Russian Federation, when will you grow wiser? Voluntarily give your money for safekeeping to someone else's uncle, and expect that he, having smoked dope, will return them to you ??? The money of the Russian Federation needs to be invested in the Russian Federation, and nowhere else!
    1. Pivander Offline Pivander
      Pivander (Alex) 2 December 2022 11: 24
      -2
      The Central Bank of the Russian Federation is now slowly printing rubles. And he plans to print exactly as much as the currency was stolen from the Russian Federation. Strictly at the rate at the moment of "freezing". At the same time, without violating the laws imposed by the West on the amount of the ruble mass and its linkage to the amount of foreign exchange reserves of the Russian Federation. And without causing inflation about it. This is not advertised, but there is information about it on the Internet.

      And just these "new" rubles are being invested in the Russian Federation. Previously, this could not be done, only with the permission of the hosts from the IMF.

      Therefore, the West is afraid to take away the foreign exchange reserves of the Russian Federation to the end.
      1. lord-palladore-11045 (Konstantin Puchkov) 2 December 2022 12: 43
        0
        Printing new rubles is not the best way to solve the problem. And it is high time for Russia to withdraw from the IMF, especially since this structure does not belong to either the EU or the US. And then the United States will think and return these assets to Russia. Can you imagine what inflation will be? Not so simple.
        1. zzdimk Offline zzdimk
          zzdimk 4 December 2022 07: 47
          0
          Can you imagine what inflation will be? Not so simple.

          Really. And what will happen if the US returns a trillion dollar debt to China? Is China going to have hyperinflation right away? Yes. It's not all that simple.
          1. lord-palladore-11045 (Konstantin Puchkov) 4 December 2022 10: 26
            -2
            Really. And what will happen if the US returns a trillion dollar debt to China? Is China going to have hyperinflation right away? Yes. It's not all that simple.

            Indeed, it is not easy, if large, unsecured money appears in Russia, then this will definitely not remain without consequences. Do you have information that China is printing money in exchange for frozen ones? Share.
            1. zzdimk Offline zzdimk
              zzdimk 4 December 2022 14: 25
              0
              Do you provide yourself with a railway composition of dollars that will be brought to Russia? No. This is money in the accounts - there is no cash at all. Only numbers: someone owes something to someone and does not want to repay the debt. And will not repay. Now, if you received a salary and suddenly you were repaid the debt - will your money lose its value from this? Trillions from raw material revenue somehow have little effect on inflation, and this despite the fact that the state is printing money - I’ll tell you a secret that the total amount of the money supply is approximately stable.
              1. lord-palladore-11045 (Konstantin Puchkov) 4 December 2022 15: 13
                0
                Now, if you received a salary and suddenly you were repaid the debt - will your money lose its value from this?

                A salary is a certain amount secured by a certain product, and a debt-debt. But if you received a certain amount unsecured by any product (quietly printed money, as the Americans practice), then this cannot remain without consequences in the face of inflation. Take an interest in the size of the external debt of the United States - this is the result of uncontrolled printing of money.
                1. zzdimk Offline zzdimk
                  zzdimk 4 December 2022 17: 51
                  0
                  Why do I need American debt? According to your logic, if 300 billion dollars are returned to Russia, then they will cost nothing, because this money is not backed by anything, therefore, the impact on domestic Russian inflation is also zero. Here we are back at the beginning.
                  1. lord-palladore-11045 (Konstantin Puchkov) 4 December 2022 21: 23
                    -1
                    You are mistaken, this money will remain unsecured money and, moreover, Russian. So printing extra money is an extra headache. And I told you about the American national debt as an example, but you did not understand this.
                    1. zzdimk Offline zzdimk
                      zzdimk 5 December 2022 05: 49
                      0
                      Russia prints as much as it has. No one is going to return the assets, therefore, the Central Bank, keeping this amount in mind, prints the equivalent. Japan returned royal gold? So no one will return this money.