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Putin’s hopes for monetary miracles
There is a lot of focus on what Russian President Vladimir Putin is saying these days. However, it is mostly about geopolitics and much less about his views on economics and particularly on central...
View ArticleTurning the Russian petro-monetary transmission mechanism upside-down
Big news out of Moscow today – not about the renewed escalation of military fighting in Eastern Ukraine, but rather about Russian monetary policy. Hence, today the Russian central bank (CBR) under the...
View ArticleCollegial advice among Russian central bankers
Former Soviet central bank governor Victor Gerashchenko about present-day CBR governor Elvira Nabiullina: “If I were in her position, I would ask for a gun, and shoot myself.” PS I can only imagine...
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