(no subject)
Jan. 26th, 2015 10:22 pmCurtesy
akteon, who posted links to Davos videos, we can see how top Russian officials make fools of themselves in front of an international audience.
First, Kudrin says all the right things:
1. The Central Bank should be independent of the Government, and avoid the temptation to print money because it will kill business and consumer confidence.
2. The Government should reduce its social obligations because the policy doesn't make people better off. Instead, the bureaucrats (inefficiency) grow stronger and stronger. Furthermore, the bureaucrats impose additional regulations on businesses, which kills investor confidence.
3. The Government should not increase military expenditures because they are extremely counterproductive in inflationary times.
4. The Government should introduce measures to support an independent judiciary, so that businesses feel confident investing, etc.
5. The Government should not take any steps that lead to more sanctions.
6. The Government should invest in infrastructure projects, but get out of innovation projects.
Second, Shuvalov says that he agrees with everything and the Government is already doing everything that Kudrin recommends.
Hallelujah! We have a pro-business consensus!
Third, during the same week,
1. the Central Bank prints 400 billion rubles and hands them over to Putin's buddy Sechin - more inflation-fanning cleptocracy
2. Putin tells the Government that it should stick to its social obligations and strengthen food price controls - more bureaucracy.
3. Putin wows to maintain a strong military and says all kinds of nonsense about NATO - more military spendings
4. The Navalny court sentence turns out to be a copy-paste from the Prosecutor's office - more power to siloviki
5. The LNR/DNR thugs, armed and supported by Russia, bomb Mariupol - a greater probability of sanctions
6. who cares... innovation is dead in Russia anyway.
There's no Government in Russia. All these smooth-talking expensive suits — Shuvalov, Dvorkovich, Medvedev, Kostin, etc. — look like a bunch of Putin's clowns.
First, Kudrin says all the right things:
1. The Central Bank should be independent of the Government, and avoid the temptation to print money because it will kill business and consumer confidence.
2. The Government should reduce its social obligations because the policy doesn't make people better off. Instead, the bureaucrats (inefficiency) grow stronger and stronger. Furthermore, the bureaucrats impose additional regulations on businesses, which kills investor confidence.
3. The Government should not increase military expenditures because they are extremely counterproductive in inflationary times.
4. The Government should introduce measures to support an independent judiciary, so that businesses feel confident investing, etc.
5. The Government should not take any steps that lead to more sanctions.
6. The Government should invest in infrastructure projects, but get out of innovation projects.
Second, Shuvalov says that he agrees with everything and the Government is already doing everything that Kudrin recommends.
Hallelujah! We have a pro-business consensus!
Third, during the same week,
1. the Central Bank prints 400 billion rubles and hands them over to Putin's buddy Sechin - more inflation-fanning cleptocracy
2. Putin tells the Government that it should stick to its social obligations and strengthen food price controls - more bureaucracy.
3. Putin wows to maintain a strong military and says all kinds of nonsense about NATO - more military spendings
4. The Navalny court sentence turns out to be a copy-paste from the Prosecutor's office - more power to siloviki
5. The LNR/DNR thugs, armed and supported by Russia, bomb Mariupol - a greater probability of sanctions
6. who cares... innovation is dead in Russia anyway.
There's no Government in Russia. All these smooth-talking expensive suits — Shuvalov, Dvorkovich, Medvedev, Kostin, etc. — look like a bunch of Putin's clowns.