By Inna Novikova
There is no paragraph in the Constitution of the Russian Federation (written during the 1990’s) that would tell the Central Bank to act in this manner. For what purpose did the Central Bank set the Russian ruble free?
In a recent interview, Pravda.Ru asked Yevgeny Alexeyevich Fedorov, a Russian politician whom is the deputy of the State Duma of the Federal Assembly of Russia, for his expert opinion:
“All countries of the world are divided into two large groups. One group is called developed countries, and the other group – developing, or underdeveloped countries, better to say. In the past, underdeveloped countries were called colonies. Economies of all developed countries have one common feature – low interest rates. This is a key point. All underdeveloped countries – there are 90 percent of such countries in the…
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