We are the colony of the United States

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Evgeny Fedorov. We are the colony of the United States

Deputy E. Fedorov told about the struggle with the “economic occupation”

 

In autumn, the Deputy from United Russia Evgeny Fedorov made a initiatives aimed, in his words, Russia’s return of”economic sovereignty”.

Experts and politicians have interpreted the proposal of the Deputy is ambiguous. For example, Fedorov proposes to prohibit the government to buy foreign currency, although this situation is not in any major country in the world.

In an interview with “the Ribbon.ru” the MP said about “tribute”paid by Russia and the United States, the way to improve the standard of living of Russians in 24 times, and about how he was summoned “on the carpet” at the American Embassy.

Currently, the bills proposed by Fedorov, are under consideration in the State Duma. The first bill, introduced by MP, suggests a change in the principles of issue (release) of the ruble.

Fedorov proposes to take the authority to set the refinancing rate of the Bank of Russia and transfer them to the government. In his opinion, thus it will be possible to establish the rate at an “acceptable” level – 1%. The final rate on loans to industry, according to his calculations, should fall to 5% per year. “We have to get the Russian Central Bank work the same as the European and American”, – said the Deputy.

Now the rate held at 8.5%. The MP said that loans at low rates should be issued to residents of Russia. Decisions on loans to take based on the assessments of Russian rating agencies, not foreign (Moody’s, Fitch), whose opinion is taken into account now.

In addition, Fedorov has made to the budget bill amended to include a ban on purchases of foreign currency at the expense of budgetary funds. In his opinion, the state reserves should not be kept in dollars and euros.

Instead, they must be placed on the accounts of Russian banks to support the domestic economy, including through the development of preferential crediting.

 

The mechanisms of exploitation

 

“Ribbon.ru”: – please Comment on two numbers, you are talking about. First, Russia is paying the US a “homage” to a billion dollars a day. Second, next year Russia will spend on the purchase of foreign currency trillion rubles a year. Whence such data?

Yevgeny Fyodorov: that we pay tribute, set in 1991. This is a political establishment in all States of the former Soviet Union, for example, the same in Ukraine. Except for Belarus – Lukashenko there changed the situation and now they have the state Bank, unlike all of our Central Bank. The mechanism of damage is divided into several parts. The first is the actual mechanism of tribute. It works as follows: the whole issue in Russia is only a single-channel manner – through a ransom the dollar and the Euro, at least pounds and yen in the foreign exchange market by the Central Bank.

The following process occurs: the Russian exporter has sold the goods (oil, gas, metallurgical products, or whatever) and got a dollar. Part of the money the company has changed in Russia in rubles from the importer, which imports into the country some goods, and the second part of the dollars bought, the Central Bank, releasing rubles. These rubles were spent to work and work to maintain the business in Russia. Here’s what happened: the exporter sold the real goods and the proceeds of the dollars were in Russian gold and currency reserves (GCR).

There they are sterilized. Even the leadership of the Central Bank, even Ulyukayev said that the majority Zvrov are not and are of a harmful nature. The gold reserves of the reserves of the twenty percent, and the remainder is the mechanism of sterilization of the purchased currency. This element of the international mechanism of sterilization of dollar established by the United States in many countries, not only in Russia. It allows Americans to print those dollars, Russia buys them and destroys their Surah.

– And how are they destroyed?

They are stored in the Russian Surah invested in American securities, formally under 0.7 percent per annum (the yield of US bonds. – Approx. “Of the tape.ru”), which is eight times less than inflation. Remember, how much cost an apartment in Moscow ten years ago and how many now.

Official inflation in the US for 15 years does not exceed three percent, and often less.

– We live in the real world. And the official figures is a tale for a fool. But what is important is not inflation. The important thing is that after getting into Sury, a dollar is tied up and untie him. Under Russian law, to take it out Zvrov we can’t. Due to the difference of these 0.7% and inflation it melts and can do it at least 30 years. It actually “melts” in ten years, sterilized. The same applies to Ukraine and other countries.

As soon as the fed (Federal Reserve) saw that the dollar was in gold reserves in Russia, Ukraine or wherever, she immediately releases a new dollar – it’s a piece of paper. When this releases, and for lending to the us government. Then the money directly fall on Russian inflation and fed to the American budget. For the money, for example, backed Obama when launches trillion program of health insurance. Here he financed with Russian money.

If you calculate how much dollars over the last 20 years bought the Bank, and will take into account the inflation rate, then you’ll have 200-300 billion dollars a year. Slightly less than a billion dollars a day. But this is only a tribute video, and there are others.

So, absence of credit mechanism prevents us to build up industry, to build objects. If you are an entrepreneur in Russia, the money can only be obtained in the West, in Russia at the national level you won’t get. But the money you will not only if you are a good and wrote a business plan, but if you negotiate with them.

For example, you moved to a foreign jurisdiction and take more expensive hardware of the market, taking technology specific and so on. In Russia you can’t build a business on credit only if it is manual control by just under ten percent per annum. And in Europe – four or five, it means that we are initially in a non-competitive position. It’s a barrier, not the complexity of the investment.

To add a direct tribute a tribute to the budgetthat will begin to emerge next year, which is about 240 billion dollars a year. These are the parameters laid down in the budget that we are adopting, I just now came from the budget Committee.

– You speak of “budget rule”?

– Absolutely. According to this rule, the state will withdraw about a trillion rubles a year instead of the usual expenditure items. The difference between the budget and the “budget rule” and budget without it. The money will be spent on the purchase of dollars and euros. It turns out, how much we pay in taxes the country – the same we pay tribute. But it is only on these two points, but several. For example, we are talking about placing all the large business in a foreign jurisdiction. Any increase in rich people in Russia automatically leads to the export of capital.

The mechanism of this tribute counted I do not – it has estimated Americans. This mechanism is associated with the formation and increase the wealth of the oligarchs is 500 billion dollars a year. There is more productivity, which is three times less than in Europe. But for this rule, the loss factor is three, and the prohibition mechanism of the national credit has a factor of four. If you multiply all sums, including tribute, we get a loss ratio of 24 – that is, we live in a 24 times worsethan if we had economic sovereignty.

– Well, China, for example, with its strong international reserves – also “sterilize” dollar? And the OPEC countries, Saudi Arabia, which have large foreign exchange reserves and reserve funds?

– In China the situation is slightly different, there is still a state Bank, and Saudi Arabia – the state Bank. But note that China sets the yuan at the request of the American authorities. That is a political position that China sets in relation to their currency. It comes to U.S. Secretary of state and just requires to do it. When it comes to you the representative of another state and requires, then it is not economic, but political consideration because you have to consider how many aircraft carriers some political weight, and so on.

China in the same system, but in other principles. It’s their decision, associated with a political attitude towards the US: they don’t want to fight to preserve stability. But Russia refers to those States in which the decision is made for them. When we created our political system, we have not asked.

But China, recall, fought off a “velvet revolution” and were sovereign. After that, China, as a rational subject of international law, started to pay off from the most powerful countries – the United States. We can’t even make these decisions for us, these decisions are made in another country.

We have restrictions on development, and China no. For example, as I said above, we forbid the national credit system. I even do not mind that we were paying tribute to US for peace of mind – the main thing that lifted the ban on development.

 

Inflation will not be

 

Let’s go back to the mechanism of the emission rate. In our country is still a credit issue, that is, the number of ruble increased by the fact that the Bank of Russia gives a percentage of loans to commercial banks, and the latter, in turn, lend to companies and people. In your opinion, is this mechanism, which is used by almost all Central Banks of the world, in Russia is not working?

– He’s just banned at the legislative level. Because the law on the Central Bank of Europe and the fed, first, the “support to national economies.” The Bank of Russia this item at all, his main point of support of the ruble. You know? The Central Bank of EU is obliged to lend to the national economy, and our Bank is not allowed to do.

– But such a law that would prohibit a credit issue the Russian Central Bank, does not exist.

– No. Just purpose other than the maintenance of the ruble, the Bank of Russia no. He therefore keeps the rate of 8.5%to keep money in the national credit system. Although Putin demanded from the Central Bank reducing interest rates. But the Central Bank frankly has not carried out his instructions, that is, the Central Bank carries out the sabotage of the directives of the President of the country. But this sabotage of the law.

In addition, our Central Bank is explicitly prohibited lending to the Russian government, and European and American – are allowed. The combination of these rules leads to the fact that the Bank of Russia is not working on the Russian economy. Therefore, Europe and the United States launch the mechanism of credit issue, and we only support their credit issue.

– So the Russian Central Bank also gives loans to banks, and lately, their volumes are growing.

– He gives the money to banks under a cash gap. Under 8% per annum. In addition, do not forget that the Russian Central Bank requires deposits four times more than European. As a result, banks give out credits under 15% annual. What sane investor would take the money under such interest? Therefore, the Bank of Russia does not credit the economy for investment – only for current needs.

– You propose to enter a rate of 1%. It turns out, is seven times lower than expected inflation. In this case, to take anything on credit will be cheaper than to save money. It’s nonsense. The refinancing rate is used in order to control inflation and not accelerate it.

– So if you put inflation 200-300 billion, then naturally you have it will not be less than 5 percent. Now, even if we have zero budget, we will still spend tribute to 300 billion. This is the inflation factor, which forms its half. It is the most important. If you leave the sterilization of the dollar and the Euro, you will get rid of the factor of inflation. Why Europe’s inflation rate is low? Because they do not pay tribute.

– By your logic, we should have the same amount of money in international reserves, how many rubles in circulation. But it’s not.

– No, it’s true. Our money supply – eight trillion rubles in cash plus 24 trillion rubles in the accounts. Gold reserves – about $ 530 billion, they fluctuate. It turns out that our money supply backed currency by 65%. But do not forget that this money has accumulated over twenty years, when the dollar was different.

– Then for the last 14 years, mostly under Putin, as in the 1990s under Yeltsin, the international reserves in Russia was minimal.

– And you remember how, in 1998, people were not paid a salary? This is because we were waiting of loans from States and the International monetary Fund, in order to put them in Svri and this amount to issue rubles. We pay in dollars we pay in rubles. But we didn’t pay people their salaries six months in anticipation of the international credits to be sterilized in Surah and to issue rubles.

– As far as I understand, then, wages were not paid because the budget is banal money is not enough and therefore needed the loans.

Why? Print.

– Yes, they couldn’t just print rubles, because in effect the government is struggling to fight inflation, “clamping” the circulation of money, reducing the amount of rubles. As a result, the security of the Russian economy the ruble was only 12 percent, a historic low.

– No, they couldn’t print rubles because the Central Bank simply sent, according to the law and the Constitution. He said: “When I come to your billions in dollars, I will give you a dollar”.

– You say that we can’t spend the currency of international reserves, they “sterilized”. But the Central Bank, if necessary, actively sells dollars and euros on the stock exchange, and conducts foreign exchange intervention to support the ruble. So, in 2008-2009, our foreign exchange reserves has declined significantly.

– No. It is true that the Central Bank intervenes to support the ruble. But then our gold reserves have not declined because of this. They were reduced due to the fact that the Central Bank decided to credit VTB for the national economy. The first tranche amounted to $ 40 billion, and when VTB the money back, they recovered. (The Central Bank attributed the reduction of foreign exchange reserves in late 2008, is the foreign exchange interventions. – Approx. “Of the tape.ru”)

– But VTB received money in rubles – so, the Central Bank sold dollars?

– So what? He sent the money in dollars into rubles, and then, the Central Bank supported the dollar at a rate of 31-32 rubles, what’s the difference if you have iron rate.

But when the Central Bank conducts foreign exchange intervention, he still gets rid of the dollars?

– I understand, but, because the Russian economy, like any other, always increasing the money supply, the balance in the direction of increase of foreign exchange reserves is also saved.

– Let’s now talk about the contingency Fund, which you want to forbid to buy the currency. Your position is in some aspects similar to the position of economic development…

– What is more – similar to the position of Putin.

– Ministry of economic development proposes to abolish the “budget rule”, but to somewhat reduce the flow of money in the Reserve Fund, in particular, to reduce its “anti-crisis” threshold, to allocate funds in the budget and from there into the national economy. However, there is a completely different opinion of the Ministry of Finance. The latter insists that the reserves need to increase in case of a crisis. For example, if the price of oil falls to $ 60 per barrel, the budget will start, a shortage of funds, the exchange rate will fall sharply and “stored” in dollars and euros will come in handy.

– First, the fall in oil prices is not calculated on such a scale. There was a global inflation, and $ 60 per barrel, no country can not sell even Saudi Arabia. Nobody will sell at a loss. Now the minimum price of oil at the most efficient countries – where some 60 dollars.

But effective countries close only half of the world’s needs. With all the countries that produce oil below $ 90 fall can not in principle. And, by the way, this is stated in the forecast of economic development, submitted to the government on the basis of which is the budget. The Ministry of Finance takes from these numbers and says: “We don’t care about your forecast on the realities of economic forces and calculations.” It introduces voluntaristically fiscal rule, and why, why – nobody knows.

(In August, the media reported that “crisis” forecast economic development involves the fall of a barrel of oil up to 60 or 80 dollars, a similar forecast is presented and the Higher school of Economics. – Approx. “Of the tape.ru”)

– Another point: the world crisis, which we are afraid is the crisis of the dollar and the Euro. That will leave Greece from the Eurozone – and the Euro actually will fly. In such a situation to invest in Euro the risk is even greater than oil. Here, for example, in the gold can. But we propose to invest in the national economy. Then, in the event of a crisis, Russia will have a bearing on our economy.

Reserves needed for budget support in case of crisis. And if you have your loan business, then you are going to extract the money, if necessary?

– Why do you need these funds are needed, think of yourself?

– Yes, at least to pay the salary to state employees. The government how to spend the reserves during the 2008-2009 crisis, reserves fell by hundreds of billions of dollars.

And if the Euro collapses, how you want the money to remove? And that it is unrealistic that the Euro will collapse? May I say wild? European economists, the German is talking about the collapse of Greece. A collapse of Greece is the destruction of the Euro, it’s the obvious thing.

– Optional.

Even if the Euro will not collapse, it may be cheaper in five times. Easy. In General, to invest during the crisis the money in the paper crisis of the States is silly. And if we have the money to lend to the national economy, we can anticipate (of course, it’s some work) that the funds were returned, in the event of a crisis. Besides, lending to the national economy, we receive at least five percent of income. And on investments in foreign securities the money we’re losing.

But if we are talking about the exchange rate, it can not be anything that will change his course, because we have 65% of his support. Even if all the people will come and will change rubles for dollars, it is still Zvrov enough to solve this problem.

– As nothing can happen with the ruble? The devaluation of 2008: the ruble fell by almost a third.

Is the decision of the Central Bank, there’s nothing else. It is not economic, but political: to increase budget revenues, to support certain processes. The decision was not forced.

– Really? It is believed that the drop in oil prices has led to reduced supply of dollar on the Moscow stock exchange and a drop in demand for rubles and the Russian currency began to fall. Support the ruble in the pre-crisis level would cost the Central Bank is too expensive, he would have had to sell off a large part of international reserves.

– No, once again: when you have 100% collateral in the pod, you easy all this is to buy and sell. Can not happen such a situation that all changed rubles into dollars. And techniques associated with insurance, only 10% Zvrov. Insurance and 100 percent – it’s still two different things. Therefore, Ulyukayev said that such large Svri is harmful to us.

Many say that we have excessive Sury…

– It’s just not Sury, and a mechanism cover of the tribute, although called somehow reserves.

 

The Ministry of Finance – US agents

 

– So I want to say. “To allocate funds from the Reserve Fund to support the economy”, “the Euro and the dollar to invest is dangerous”, “we don’t need more international reserves” – the arguments of economists who are now going in the government including. Some, for example, by contrast, believe US bonds reliable. But when you say that all of these tools – a way to collect tribute, it smells of “conspiracy theory”.

– Well, it is necessary to speak the truth. Tribute – a payment of money from one state to another for political reasons. The system by which we pay tribute to the United States, formed the United States itself in Russia. “Conspiracy theory” implies some kind of “singularity”. Now, if one country is lost to another country, completely it captured the point of view of control and would not pay tribute – that would be unusual. To do this, they are with us and fought for 40 years, and we lost.

– Moving initiative? It is not clear that they “got stroke”.

Why? The government has made an alternative proposal to create a “mega-regulator”. Which, incidentally, provides for the amendment of the law on the Central Bank is subordinate to the state. About the need to move away from the dollar, Putin said at the APEC summit in Vladivostok. Just goes normal political struggle.

If we’re going to deprive Americans $ 300 billion a year, of course, they will resist. On the one hand, is Putin part of the government, and on the other the beneficiary in the United States that uses all the levers of influence that the decision is not passed.

– So, Minister of Finance Anton Siluanov, the Agency which is supportive of increasing the Reserve Fund, acts in the interests of the United States?

– Act in the interests of the United States institutions, not people. But institutions are created by the United States. If we are talking about the institution of the government of the Russian Federation, it was created in 1990-e years American advisors. On the First channel recently had an interview, in my opinion, the former Minister of property of the Russian Federation, which under Yeltsin and a half month worked. He came in his Ministry, and there all full up of American advisers, he put them all out, and then immediately Yeltsin kicked him out.

– If everything is as you say, then why did the President of Russia does not fight with this state of Affairs?

– He tries to fight. But the US is starting to act using the tools and institutions, founded 20 years ago. For example, three or four weeks ago, I wrote a draft of the law that complicate the adoption of Russian children abroad. According to statistics, we have sent to the States for 100 thousand children, but really – about half a million.

The bill I brought, and sent for approval to the Ministry of education. A week later I called the American Embassy with the request to explain why I showed such an initiative? It is clear that the situation is controlled and at an informal level.

If Russia will not pay tribute, others do not want, so the US will fight to the end. Why does the Marsh come from? Because Putin started trying to solve these problems.

– So Marsh appeared in 2011, what happened then? No steps to this has not been undertaken.

– Putin went on elections with the program of restoring sovereignty of Russia. USA was against it, in particular, said Vice-President Joe Biden (Biden in March 2011, allegedly supported by the Communists, “Kommersant” was told by the Communists themselves. – Approx. “Of the tape.ru”).

I read the article Putin’s election, but he did not say anything about control of the rate of refinancing from the government or “tribute” of the United States.

Who said anything about the parasitic American economy? (Putin said this at a forum “Seliger” in relation to a large national debt of the United States. – Approx. “Of the tape.ru”). If it is something in the election campaign and did not speak, because they do not want to aggravate relations with the United States. They can not only call, but also, for example, to give money to terrorism in Dagestan. Putin is the President, he cannot substitute country. He does not have to constantly say annoying things, for this is the MPs.

 

Foreign agents, the media

 

– You have repeatedly said that in Russia there is no purposeful policy in the field of media.

– It is prohibited under the Constitution. We have a ban on ideology and censorship. The media is forbidden to obey instructions from their state, but there is no similar prohibition in relation to the state of another. In foreign budget sets the article entitled “money on the information war”. Hillary is giving the money in the budget, officially requested funds for an information war in Russia.

We in the law do not even limit it. But we say that if the media get money from foreign countries, they should inform the viewers or listeners. There are many publications, thousandsthat are also funded as “Radio Liberty”, but we don’t know that they are working for a foreign state.

Specifically someone you can call?

That’s a lot. There is a government Commission that exempts foreign grant assistance from taxation in Russia. According to our estimates, pass through it a few thousand media. Mostly regional. You can look for the materials of this Commission. But as we in Russia on this subject are not even allowed to dig, we list the full don’t know.

– Still go back to the information policy of the state. The government spends on media of 80 billion rubles a year. The big three TV channels – NTV, the First channel, “Russia”, and many smaller controlled by the state.

Who told you? What do we mean by control? If we understand the editorial policy, which acts in a certain course, then it needs to have an ideology – we have it banned. You need to have not only the ideology but of political consultants, which we do not. The fact that someone called and asked me not to show anyone or, on the contrary, someone a lot to show, does not apply to editorial policy. Sometimes frequent show someone even worse from the point of view of propaganda.

As for the cost of the media, the government supports and the media, occupying a hostile position against the state. For Example, “Echo Of Moscow”. But the state law and Constitution has no right to interfere in these issues. We do not offer to intervene, and say only that the viewer must make his own decision on this matter.

– Last question: we are a colony of the United States?

We pay tribute to? Pay. A ban on the development and manipulation of the test? Test. We have the sovereignty of the national elites? No. So we are all automatically operated according to state, the common people called a colony. The struggle for sovereignty is not the direction where we need to expect big wins at once. The red army liberated Soviet troops from Germany four years not because they did not want to – just had not the strength.

 

Interviewed Cyril Drifts

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