Is Russia a Financial Colony of the US?
Published in Argumenti I Fakti
(Russia) on 20 August 2013
by Evgeniy Fyodorov (link to original)
The State Treasury is melting. Will the country be saved with the reserve state fund, which on Aug. 1 came to $85.35 billion? Hardly. The head of the group of deputies of the State Duma, Evgeniy Fyodorov, has spoken in detail to aif.ru on this subject.
The whole system of emission (printing more rubles) in this country is carried out exclusively through the currency exchange by buying dollars, euros and pounds sterling. That is to say that all money printed in the country is automatically (via the purchased currency) received by the budgets of other countries. This has always been called a tribute payment. That is, we exchange real rubles (which are the result of the labor of our citizens and our extracted resources) for blank pieces of paper — virtual dollars. Virtual, because they are immediately reprinted by the U.S. Federal Reserve and re-enter the U.S. budget. That is, America does not lose the funds that it sells to us.
So, it turns out that we are taking money away from our own economy and directing it toward the solving of defense and social issues for the U.S. and its allies. This order was created in 1991 and is still in place today.
Let’s look at what we are being asked by European leaders. They ask us to increase our buying of euros due to the financial crisis in Europe. In return, Russia will receive nothing at all. It would be a pure gift. This scheme shows the existence of relations in the “metropolis colony.”
The amount of money lost by Russia and the Russian people is around 50 percent of what is produced. To give an example, if your take-home pay is 10,000 rubles, that means that our Central Bank has paid a 10,000-ruble “tribute” to the U.S. for you. So, in actual fact, you earned 20,000. But through this system, half of your money went directly to the U.S.
It is not by accident that the U.S. receives almost half of the world’s output. The economies of every country are working for it; the central banks operate on the same schemes.
Why did this scheme come into existence in 1991? In the Soviet Union, the state bank worked on another system of coordination. As a result of the liquidation of the USSR and the end of the Cold War of 1945 to 1991, a regime of exploitation was imposed on all 15 parts of the former union — a colonial regime. In all former Soviet republics, the central banks are working to collect the colonial tribute. Only a few (for example, the Baltic countries) receive a small part of their tribute back in return. As for Russia, we receive nothing.
Note that Putin has been calling for 10 years for a change in the type of economy used in Russia. However, the authorities refuse to do this, even though they are denying the president’s direct orders. Because of this, in addition to the payment of tribute, our country has even more restrictive differences.
If we calculate the efficiency of the Russian economy (and, therefore, the standard of living), it is approximately 24 times lower than that of states with a sovereign status. That is, due to the old type of economy, the payment of tributes and lack of national capital, we as a country are 24 times worse off.
It is clear that Russia has more natural resources than Germany or France. And our population is more intelligent, given that more than a million Russian scientists are working in laboratories across the world. But for all that, our standard of living is four or five times lower than theirs. Why? Precisely because of our low status of sovereignty, received in the beginning of the 1990s. The U.S. (and its allies) exercised their rights as winners of the Cold War and implemented a colonial order. For example, when the USSR defeated fascist Germany, she implemented her socialist order in East Germany, Poland, Czechoslovakia, Hungary and other countries — using her rights as a winner. This is a standard historical situation. After losing a war, one becomes a vassal or a colony. No exceptions.
As a result, we can use only a small part of our vast reserves. In each reserve there is an irretrievable part that can be directed toward maintaining the ruble. But the second part consists of 80 to 90 percent of our foreign exchange reserves in U.S. dollars, euros and pounds.
The requirements of the International Monetary Fund (IMF) to increase the purchase of their currency forced our country to adopt a fiscal rule. From that year, the purchase of U.S. and European currencies increased by 10 percent. Can we stop this immediately? The word “we" here is not appropriate. Buying is done by the Central Bank. And, it does not obey the Russian government. From 1991 onward, the central bank has had an international status. It is practically not under Russian jurisdiction.
I am often asked: The head of the Central Bank is now Nabiullina, a friend of Putin’s. So will something change now? She said when she arrived at the Central Bank that they would cut rates. The IMF immediately objected. After all, changes in the rates would signal the start of serious changes in the type of Russia’s economy. And as head of the Central Bank, Nabiullina cannot disobey international rules, even if she is on Putin’s side.
Another pressing question: Can it be said that those who actively fought for the build up of reserves were fighting against their country? The thing is, the decision to build up reserves was already taken in the ‘90s. That is the structure of our economy. And the actions of the Central Bank cannot be considered in isolation from this. For example, national big business has been banned. Accordingly, the Central Bank has gone into international jurisdiction and is taking loans out there. For this reason, we need to look at the bigger picture when resolving these problems. By this, I mean that you can’t just say that one person is fighting for his country, and one isn’t. Those who spoke of the need to build up foreign exchange reserves were and are simply acting within the boundaries of the rules established by foreign states during the formation of the Russian state. The formation of the Russian state was realized by foreign agents. Recently, the mechanism of writing laws in Russia has been revealed: The basis of the laws is written abroad, then they are finalized here. This was all decided in 1991.
The whole system of emission (printing more rubles) in this country is carried out exclusively through the currency exchange by buying dollars, euros and pounds sterling. That is to say that all money printed in the country is automatically (via the purchased currency) received by the budgets of other countries. This has always been called a tribute payment. That is, we exchange real rubles (which are the result of the labor of our citizens and our extracted resources) for blank pieces of paper — virtual dollars. Virtual, because they are immediately reprinted by the U.S. Federal Reserve and re-enter the U.S. budget. That is, America does not lose the funds that it sells to us.
So, it turns out that we are taking money away from our own economy and directing it toward the solving of defense and social issues for the U.S. and its allies. This order was created in 1991 and is still in place today.
Let’s look at what we are being asked by European leaders. They ask us to increase our buying of euros due to the financial crisis in Europe. In return, Russia will receive nothing at all. It would be a pure gift. This scheme shows the existence of relations in the “metropolis colony.”
The amount of money lost by Russia and the Russian people is around 50 percent of what is produced. To give an example, if your take-home pay is 10,000 rubles, that means that our Central Bank has paid a 10,000-ruble “tribute” to the U.S. for you. So, in actual fact, you earned 20,000. But through this system, half of your money went directly to the U.S.
It is not by accident that the U.S. receives almost half of the world’s output. The economies of every country are working for it; the central banks operate on the same schemes.
Why did this scheme come into existence in 1991? In the Soviet Union, the state bank worked on another system of coordination. As a result of the liquidation of the USSR and the end of the Cold War of 1945 to 1991, a regime of exploitation was imposed on all 15 parts of the former union — a colonial regime. In all former Soviet republics, the central banks are working to collect the colonial tribute. Only a few (for example, the Baltic countries) receive a small part of their tribute back in return. As for Russia, we receive nothing.
Note that Putin has been calling for 10 years for a change in the type of economy used in Russia. However, the authorities refuse to do this, even though they are denying the president’s direct orders. Because of this, in addition to the payment of tribute, our country has even more restrictive differences.
If we calculate the efficiency of the Russian economy (and, therefore, the standard of living), it is approximately 24 times lower than that of states with a sovereign status. That is, due to the old type of economy, the payment of tributes and lack of national capital, we as a country are 24 times worse off.
It is clear that Russia has more natural resources than Germany or France. And our population is more intelligent, given that more than a million Russian scientists are working in laboratories across the world. But for all that, our standard of living is four or five times lower than theirs. Why? Precisely because of our low status of sovereignty, received in the beginning of the 1990s. The U.S. (and its allies) exercised their rights as winners of the Cold War and implemented a colonial order. For example, when the USSR defeated fascist Germany, she implemented her socialist order in East Germany, Poland, Czechoslovakia, Hungary and other countries — using her rights as a winner. This is a standard historical situation. After losing a war, one becomes a vassal or a colony. No exceptions.
As a result, we can use only a small part of our vast reserves. In each reserve there is an irretrievable part that can be directed toward maintaining the ruble. But the second part consists of 80 to 90 percent of our foreign exchange reserves in U.S. dollars, euros and pounds.
The requirements of the International Monetary Fund (IMF) to increase the purchase of their currency forced our country to adopt a fiscal rule. From that year, the purchase of U.S. and European currencies increased by 10 percent. Can we stop this immediately? The word “we" here is not appropriate. Buying is done by the Central Bank. And, it does not obey the Russian government. From 1991 onward, the central bank has had an international status. It is practically not under Russian jurisdiction.
I am often asked: The head of the Central Bank is now Nabiullina, a friend of Putin’s. So will something change now? She said when she arrived at the Central Bank that they would cut rates. The IMF immediately objected. After all, changes in the rates would signal the start of serious changes in the type of Russia’s economy. And as head of the Central Bank, Nabiullina cannot disobey international rules, even if she is on Putin’s side.
Another pressing question: Can it be said that those who actively fought for the build up of reserves were fighting against their country? The thing is, the decision to build up reserves was already taken in the ‘90s. That is the structure of our economy. And the actions of the Central Bank cannot be considered in isolation from this. For example, national big business has been banned. Accordingly, the Central Bank has gone into international jurisdiction and is taking loans out there. For this reason, we need to look at the bigger picture when resolving these problems. By this, I mean that you can’t just say that one person is fighting for his country, and one isn’t. Those who spoke of the need to build up foreign exchange reserves were and are simply acting within the boundaries of the rules established by foreign states during the formation of the Russian state. The formation of the Russian state was realized by foreign agents. Recently, the mechanism of writing laws in Russia has been revealed: The basis of the laws is written abroad, then they are finalized here. This was all decided in 1991.