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6 months ago

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Date: 8 months ago   Category: Politics

Dedollarization: system liberals have crawfished


In full accordance with a saying about the fried rooster who has pecked in the form of new sanctions our system liberals have begun process of refusal of dollar and have been supported in it by the President. The head of VTB Andrey Kostin has said that Vladimir Putin in general has supported his offers on dedollarization of the Russian economy, at the same time this is not about refusal of dollar. However, and here system liberals try to keep a window to have an opportunity again quickly to be developed to "dear partners". "In general and" — Kostin has told, answering a question whether the President Putin of his offer on dedollarization has supported. At the same time Kostin has specified that this is not about full refusal of dollar. "No" — the head of VTB has told, answering an appropriate question. Kostin's words were confirmed also by the chief press secretary of the country Dmitry Peskov. According to Peskov, "Putin spoke about need of expansion of practice of use of ruble and for settlings with external partners and reduction of a share of dollar in international payments. It is process which can't be short-term, it is scrupulous work. The tendency to expansion of volumes of payments in national currencies takes place now". However, the attempt to prove dedollarization only by global trends doesn't maintain criticism. At geoeconomic level she really goes with variable success since foundation of BRICS and has already reached trade in oil for yuans at the Shanghai exchange - but despite a set of arrangements while affairs in transition to national currencies more or less successfully go only between Russia and China, plus Iran. And that, between the Russian Federation and China, the share of payments in yuans and rubles and that is less – slightly more than 10% pass in yuans and rubles, other 90% in dollars. Even after in the present declaration following the results of the BRICS Summit in Johannesburg it has been stated that will make significant progress, it is impossible to find information on how work goes in public space and that is really created. Representatives of the Russian Ministry of Finance said that participation of Russia in this mechanism - rather political step, expression of support to the partners, but not the urgent need from the economic point of view. Really the question of dedollarization became from this spring, after the beginning of "show Skripaley", new sanctions, receiving open access of the USA to bank secrecies, threats of freezing of accounts and papers, preparation of persecutions on the Russian oligarchs in Britain. And until recently, on the Gaidar forum and in Davos Siluanov, Kostin and all others unanimously said that it can't be because can never be. Generally, that fried rooster has come from a saying and has strongly pecked in the top of the head. And here, "suddenly", someone has remembered about the economist Sergey Glazyev who in 2015 has shown to the Security council in the detailed report that without change of the embeddings model of Russia in world economy, without formation of own sources and mechanisms of development, without restoration of control over domestic markets and economic integration with allies waits for us full at

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