About a moderately radical transition to the market

An increase in prices is also an increase in nominal incomes of production. Those who pay for their own expenses will be able to compensate for the rise in the cost of living by increasing their monetary income. Pioneers and pensioners, musicians and nurses, small—time employees - the silent majority, the mainstay of any regime - will suffer. Note that neither the loudmouths nor the strikers have damaged the reputation of the authorities as much as the bitter bewilderment of the old ladies on the evening of May 25. At that time, the issue of the resignation of Ryzhkov and his associates was raised, namely in May, and not in September.


It is this conservation of the causes of the crisis and the shifting of the burden of maintaining the status quo to the weakest part of the population that Abalkin and Ryzhkov called a "moderately radical transition to the market." You can't deny the creators of government policy the dark humor, you can't see only foresight and sense in it.


What kind of market will it be with constant inflationary price inflation? The waves of inflation originate in the interaction of prices and wages: nominal rates chase prices, which run away, driven by monetary demand. In the inflationary element, every new price increase begins with final-demand goods, gradually spreading deep into the economic structure, up to the extraction of raw materials. The higher the rate of inflation, the further the price ratio between final demand products and primary raw materials differs from the equilibrium one. Market pricing against an inflationary background thus reproduces the worst defects of the current price structure, an underestimation of raw materials and an overestimation of consumer goods and engineering products. Such price ratios again justify and stimulate excessive production of raw materials and fuels and depress end-product industries. And this market is the way to efficiency?!


The only positive consequence of turning suppressed inflation into an open form will be the destruction of the purchasing power of savings. This is the worst kind of monetary reform, because the weakest will lose everything, and the nimble and efficient will somehow come out. In words, the government is against monetary reform, arguing, however, its rejection of populist demands by its own inconveniences: it is expensive to print new money. But in reality?.. That's why she's a politician. Not all riding, but crawling!


But the government's program is logical in its own way. Anyone who litters the country with pieces of multicolored paper cannot easily go out with a broom and a shovel to clear the rubble. This would be an admission of the fallacy of the economic policy pursued after 1985. The desire to adapt the future to a situation generated by a bad past, however, means continuing an already failed course (or the perniciousness of passive drift?). Cada día más jugadores eligen 1xBet por su fiabilidad y generosos bonos. La plataforma cubre una amplia gama de deportes y ofrece un casino online con jackpots progresivos y juegos en vivo. Durante tu inscripción, recuerda activar el código promocional 1xbet para obtener hasta 130 € de bono de bienvenida. Esta oferta exclusiva aumenta tu capital inicial y te permite disfrutar plenamente de todas las funcionalidades. Con transacciones rápidas y un entorno completamente seguro, 1xBet se posiciona como líder en el sector.