Soviet Union 1991
Chapter 992: Sanctions against speculators
I can't log in to the Qidian backend on my computer, and my phone is broken. Now I have to borrow someone else's computer to complete the update.
Yanayev walked in the corridor with steady steps. It had been a long time since he had seen the leaders of Western countries looking so angry. When the Asia-Europe Economic Cooperation issued a statement, it attracted the attention of other Asian countries almost at the same time. Small countries in Eastern Europe did not participate, but East Asian countries showed great interest. They wanted to learn more about Asia and Europe. News from the Economic Cooperation Organization.
However, Yanayev cleverly passed the test at this time. When ambassadors and counselors from other countries wanted to test the entry of the Asia-Europe Economic Cooperation, the answer they received was no comment.
In addition to China, Japan is also one of the targets of the Soviet Union. Although it is currently struggling to support itself under the economic crisis, it was once the second largest economy in the world. If it can be brought into the organization, it will increase the economic The gold content of the body.
However, the crisis sweeping across the Asia-Pacific has left all countries with no time to care for themselves. The Soviet Union showed this card at this time to lay the groundwork for the formation of an economic circle in the Eurasian region in the future. He will not count on those in Southeast Asia who are furious. Countries should calm down and negotiate face-to-face, but tell them directly that the Soviet Union and China will lead the economic development of Asia and Eastern Europe in the future, and you can only make a choice now.
Before entering the office, Yanayev heard the unfortunate news. Comrade Vladimir walked up to Yanayev with the document report in hand and whispered, "Chairman Yanayev, as you As he said, Soros, who suffered a defeat in Hong Kong, has begun to attack us. Starting from this morning, the exchange rate between the ruble and the US dollar has been gradually falling. It is suspected that someone is maliciously shorting the ruble."
"Of course, those self-righteous fools have started to fall for the bait. The bait has been thrown out and the net should be closed now."
Yanayev had been worried that the international speculators headed by Soros would not take action against the Soviet Union. Now it seems that they were overly worried before. Who would let go of a fat man who is still reforming and exploring the market economy? International speculators are I was thinking of making a serious short position before the Soviet economy was completely reformed.
Soros's wishful thinking was good. The only thing he failed to consider was that his opponent was a national leader who had cheated.
Yanayev asked as he opened the door, "Have the banks suspected of speculating in the ruble taken note of it?"
"Following the instructions of General Secretary Yanayev, the Monetary Authority will intervene in banks suspected of speculation. It will also write a big book in the newspapers."
"Very good. This can effectively impact the confidence of those international speculators. Anyway, they have already lost once in Hong Kong and will not mind another defeat in Moscow. Let Moscow defeat the Bank of England and destroy the Southeast Asian economy for Soros. A brilliant ending."
The assistant came in and asked Yanayev what he wanted to drink.
Yanayev said to his office assistant, "Give me a cup of coffee, less sugar, thank you."
Vladimir sat down on the sofa. Every step Yanayev took had his own thoughtful thoughts. All he had to do was to continue thinking along with Yanayev's thinking and see how the situation would develop. .
Then he turned around and gave an order to Vladimir, "Now it's time to let those reckless guys know how powerful we are. We have been hiding the actual figures of foreign exchange before, just to start this war on exchange rate stability and ensure that The stability of the exchange rate is more important than anything else right now. If the ruble collapses, the economy we have finally recovered from will likely fall back into the doldrums.”
The Soviet Union built momentum for oil in the 1990s, showing a trend of rising oil prices, which also made the Soviet Union a wealthy oil power. The gain from the rising oil prices was that the Moscow government had a large amount of foreign exchange reserves, no less than 400 billion US dollars. The power of foreign exchange reserves is like a shot in the arm, enough to bring psychological comfort to investors.
"The Moscow government raised the interest rate of the ruble by issuing large amounts of government bonds, which in turn pushed the ruble's exchange rate against the US dollar to rise sharply. When the ruble began to sell speculatively, the Moscow Monetary Authority immediately raised short-term interest rates significantly, even if it allowed interbank The overnight loan interest rate has skyrocketed. It is extremely necessary to stabilize the exchange rate and keep people’s confidence in the ruble.”
These are all counterattack methods left to Soros and other international speculators. When they fall into the trap, they will immediately realize that Yanayev has already prepared how to greet this group of people.
Yanayev took the coffee handed by his assistant and said thank you.
Comrade Vladimir said with some worry, "What if our methods fail?"
The general secretary calmly replied, "Then we have no choice but to freeze all investment assets, and no transfers will be allowed in the near future."
Freezing investment assets and not making any transfers in the short term is a way to kill the enemy by one thousand and damage yourself by eight hundred. It completely breaks the relationship with international investment. Although the collapse situation is stopped in the short term, in the long run it will Economic and investment losses have been enormous. The Soviet Union's market economy has only achieved preliminary results, and this is a long process of exploration.
Therefore, Comrade Vladimir was deeply disturbed by Yanayev's methods.
"But Comrade General Secretary, this method... is too radical and will almost make investors lose confidence in the Soviet Union."
Yanayev held his forehead and sighed, "I know that this method is very dangerous and is the last resort. If those idiots in the Financial Administration could come up with a good solution, I would not have listed this method at the end. Unfortunately, these people who came from the old bureaucratic era can't come up with any solution to the problem. I don't believe that those guys who advocate shock therapy can have any long-term vision for the market economy."
In his eyes, at least a considerable number of economists can be branded as traitors.
Vladimir shook his head and said, "If we do this, I think it's more reliable for us to send KGB agents directly into the United States to assassinate Soros. Once Soros dies, everyone else will be afraid to stop."
Yanayev rolled his eyes helplessly at him. Typical Maozi thinking, always using the simplest and crudest means to solve problems.
Vladimir also said it casually, but what Yanayev said next surprised him.
"Although this idea is not very reliable, it is not impossible to implement. We can give a proper warning to all the speculators who want to make trouble in the Soviet Union."
As an American political activist, Soros has always been a loyal lackey of Washington, including playing an important role in the Rose Revolution in Georgia, the Color Revolution in Ukraine, and the resignation of Egyptian President Mubarak. He is the vanguard of the White House, creating chaos in the world situation while paving the way for his financial speculation. Behind the shadows of many regional wars from the late 20th century to the early 21st century, there is this bespectacled Jew.
"It's time to let this arrogant Dayton Peace Prize winner know what real punishment is."
Vladimir asked hesitantly, "Attack Soros? This is tearing the face with the United States."
"That's not the case. Soros is a smart man. Only smart people can see our warning methods clearly."
Indeed, a typical Russian-Maoist solution to the problem has appeared in Yanayev's mind. If using foreign exchange to consolidate the exchange rate is a positive financial contest, then his solution is more crude and direct.
Yanayev said coldly, "Don't forget our purpose. In our country, exploiters and speculators will be shot directly without any sympathy!"
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