Rising prices for basic foodstuffs has galvanized public in the country, government, party leaders, politicians of different ranks and there are reasons that do not fit into pre-election passions and desires of various actors to take a cushy job in the State Duma. Inflation for the first nine months of this year amounted to 7,5%. Clearly that for the year it will be higher than the official last year's 9%. Food prices rose, according to Statistics Service, only the first week of October at 0.5%. Rose more than other foods. Milk has risen in price by seven percent, eggs - six, in some regions of Russia sunflower oil increased in price by more than twenty percent. As a result of this rise in prices, not the way it presents us Statistics Service, (vegetable oil has risen in price from 30-35 to 70-75 rubles that no it does not fit into 20wackoosnovnaya bulk of the poor population in Russia has become even poorer, and all their attempts to escape from vicious circle of poverty once again, one movement of the "invisible" hand of the market once again been thwarted.
In the power environment began again agonizing search for an extreme, as it was after the increase in bread prices. The leader of the party "United Russia" Boris Gryzlov spoke about the collusion of intermediaries in the supply of food, wanting to deflect criticism in the mainstream of economic activity and to remove suspicion from the ruling party, which he chaired. Alexei Gordeev, accused leaders of ATP, strongly dismissed the accusations and said that he hoped that those responsible be punished. Head of the Antimonopoly Committee of millions Artemev threatened with fines. The Government hastily organized a brainstorming session, and SFOR action bodies, which the party itself called a "protest perturbed customers." In "protest perturbed buyers" attended by more than five hundred supporters of the SPS, as well as party leaders Anton tanks, Boris Nemtsov, Boris Nadezhdin and Masha Gaidar. But what is remarkable, and the government, resulting in a "brain" storming, and activists of ATP involved in mindless action, come to a "saving" the conclusion: the need to increase export duties on agricultural products and reduced tariffs on food imports. That's saviors! As told Interfax Nemtsov, the protesters' demand zero import duties on food, primarily imported from Ukraine and the Baltic countries, called for the introduction of "protective duties on exports of Russian grain," and called for the resignation of Agriculture Minister Alexei Gordeev and Chief Medical Officer Gennady Onishchenko. A day later, the government, represented by the receiver, German Gref Minister of Economic Development Elvira Naibiullinoy, told the citizens of the results of brainstorming, and they miraculously coincided with the requirements of the activists of the PCA. Minister of Agriculture Alexei Gordeev, defending himself against the attacks of inveterate Democrat, said his agency was not to blame for the sharp rise in food prices. According to the minister, the real culprit is a reformer, "who planted the Russian consumers in the nineties to import the needle", ie those same Democrats are now storming supermarkets. This message Gordeev, part of the Supreme Council of United Russia, made at the founding congress of the All-Russian agro-industrial association of employers. As we see, passions ran no joke. And in this situation is really important to understand the reasons for the rise in food prices, not trying to dump all the panic grandmothers who buy salt, as do mountain economists and political scientists. But first drew attention to the explanations that have been made from the mouth of the responsible officials. The head of the CBR Ignatieff told a surge of inflation rising prices of products: milk, butter, bread. Why are they becoming more expensive, Ignatieff has decided not to explain. Only monetary policy is not to blame, he said. And to take emergency measures to contain inflation, Ignatieff is not intended. In the fight against inflation the Central Bank may, in particular, to improve the standard of reserve requirements for banks (CDF) and the interest rates on deposits, said Lissovolik. But now it would have worsened and so unimportant liquidity situation, he said. Priority Bank now - liquidity, rather than inflation. On Wednesday, he lowered the odds, and yesterday - the rate on currency swaps. Inflation - not the worst compared to the potential problems of the banking system, "says Chaikin:" The big difference between 8% and 10% [prices], no. Really! Who cares if you are robbed at 8 or 10%.? For successful lawyers, and perhaps not what a difference there. But for poor retirees significant difference. If we take into account that pensions are not increased in line with inflation. The accelerated decline in inflation in the medium term is difficult, admits Deputy Prime Minister and Finance Minister Alexei Kudrin said in an article published today in the forthcoming issue of the Economic Issues. The main thing that hinders the fight against inflation - the duality of tasks central bank: it is responsible for both inflation and exchange rate, complains Kudrin. And he Kudrin, who did not have long argued that the struggle with the strengthening of the ruble led to lower inflation, it is necessary to understand the works in the Finance Ministry technicals! And does the policy of the Central Bank has no effect. Only, in his opinion, a way to stop the "perpetual motion" prices - to implement using public trust anti-inflationary policy. " What could be more credible? "Central Bank this year was the slowdown of the effective exchange rate - it will grow no more than 5%," - confirmed Ignatieff thought Kudrin. Well done! And apparently commodity tycoons will soon be rewarded with Ignatieff and Kudrin medal for faithful service. " Prime Minister Viktor Zubkov has blamed the rise in food prices Economic Development, Agriculture financiers enough. "Many mistakes were your predecessors has done a" - he said the Minister Nabiullina. Over the past seven years, livestock production increased by 16%, while food imports - in 3,5 times. Nabiullina promised to develop a program of state support of agriculture and increase funding for farmers, and has issued an increase in export duties and reduction of import of agricultural products. In unison with officials from the government, and also absolutely confident singing CEO of the Institute for Agricultural Market Dmitry Rylko, - "In fact, more expensive food is not the fault of officials." What are the true reasons for such a rapid rise in prices? A reason to mind, so that Ignatieff and Kudrin so hard to argue that monetary policy is not to blame. And two reasons. The first - a crisis of the global financial system, tied to the dollar, which Kudrin said Russia has built so lovingly, as if, without assuming that the crisis in U.S. financial policy is inevitable. It is possible that he did not know it. But here's what I wrote about the August financial crisis, Michael Hazin site km.ru.
"With a total debt of the subjects of the U.S. economy of 50 trillion dollars (which is only slightly less than the entire world GDP is about 60 trillion) and 10% th rate of growth of debt, new debt obtained in no way secured. And 10% of 50 trillion - a 5 trillion. That is, the amount of debt this year increased by 5 trillion, representing about half of U.S. GDP. And what these 5,000,000,000,000 provided? Newly created value? But the U.S. GDP is 70% of the services - which provide debt somehow did not take. And the products they create somewhere for two trillion - that is, more than half of new debt does not have any security at all.
And in such a situation becomes clear picture of the August crisis in financial markets in Europe and the U.S.: When an already sufficiently secured debts (in this case, mortgages) have become even poorer because of the massive failure of their return, the holders of these debts are in the financial markets persona "music grata." They do no one wants to lend, because absolutely clear that their ability to return the money to put it mildly, limited. But this situation is the reverse side. Someone is obviously extra liquidity, or, simply, cash in the account. The money is needed somewhere to put as inflation, accelerating all the time, no one has canceled, and the money they, in most cases, not their own, and strangers. That is borrowed, which still must be repaid, such as paying interest to the depositor of the bank. Or paying the insurance compensation to the victims. "
The second reason, and it is crucial - it is an internal financial policy, which was clearly shown how to react MOF and the CBR to the crisis. They rushed to rescue banks by reducing the standard of reserve requirements for banks (CDF) and the interest rates on deposits and opening for them Stabilization Fund. Their priority, as they openly and say, not the living standards of millions of Russian citizens (what a difference 8 or 10% inflation), or some farmers, while the positions of hundreds of bankers. Read: "The priority of the Central Bank now - liquidity, not inflation." On this occasion, Michael Kazarin site "Politucheba wrote:
"The thing is that the banks of the Russian Federation, in their whole" goof "because of the incompetence (in Newspeak -" unprofessional "). Gained overseas foreign characters foreign value to "serve" our population. Instead of linking its people with his native (Russian population) signs, they also accumulated, cost. In this case, sweet for a fact, overreach oneself. For, even pliant and loyal representatives of the Central Bank, timid, shy way, but still not recommended for them to do so.
Result? In the foreign economy (the sea-ocean) have found their short ("mortgage crisis"). He started "tidy" ... reclaim their characters as their national welfare of the national collective. And our home a banker, in this case, was - "a goal, like a falcon. It turned out that he - not the financial genius of our collective national economy as well ... And only - local branch of the alien to us the financial houses. And therefore it is not in vain, "his" CBR not listened to ...
And all this - even despite the fact that the native citizen of his percentage of "fighting" usurious. Effective rate of interest - from the "client" to conceal. "Debtor" in this case, by a bailiff from his last komnatenki dragged. In short, do not trade money (= credit) in front of us all engaged.
But here, fortunately, we (or rather, not "us", and - they have!) Kudrin in the world there. After all, what is, for all this, he said to our president? In essence, for continuation of usury under the guise of "credit" of the national economy, the ruble signs of banks 'now' - more than enough! (= Inter-bank lending rate "..." has dropped to 6%). Holiday, therefore, continues ...
And it's - there's more!
The question is: Do A.Kudrina a ruble from the mass of the whole for this "holiday" come from?
Let's see what exactly is the president on this matter from the Chief Financial Officer of the country heard: "the demand for Russian rubles," we (OH, that is!) Satisfied because "to implement these operations now allow foreign exchange reserves." As you wish, but even if the home minister, native to you the economy is not divisible with you our highly professional "secrets", the ... that in fact, the economy is something you have both of them, anyway - ONE! And how else can we understand his advice, given the President of Russia, something that ... MONEY ON THESE (again!) Print.
That this extra money supply, fired into the bank, to save the bankers, and was the main cause of rising prices. The law of value has not been canceled. And this law inevitably puts everything in its place. Increase in tariffs on goods and services monopolies, founded three years and provided billions in profits to owners of monopolies, as well as credit and financial policies of the government, inevitably led to an increase in food prices. Because it Kudrin and screaming - not our fault ... we need more trust. God save us from the guardians of such good of the people! Most of such predatory policies, inflation in energy prices and the depreciation hit farmers who have not received anything in return, and now their back, the government, together with leaders from the ATP are trying to bring down to zero, reducing import duties. For domestic agricultural competition gut, they cry, and demand to reduce duties on imported food, and for the banker is bad. Of course, that there are objective reasons for price increases. How to crop failure and replacement of wheat to industrial crops. But crop failures occur periodically and do not affect so much on price, so this is not a major factor.
Well, what do people expect from all this fuss and "brain" storms? Oh, nothing! Listen to what state government officials: "In the next two months we will try to stabilize prices." Stabilized and is not reduced. It is done. Revenues and profits are fixed. Now you have to calm people. Remember how, in a situation with an increase in bread prices. Throughout the middle of July this year, government officials, experts and journalists discussed the increase in bread prices, trying to find an extreme increase in prices, and how to deal with it. Sorted! Bread prices were even higher. If you look further, you can remember last year's excitement about housing prices. In August 2006, due to the sharp rise in housing prices and discontent of citizens, General Prosecutor's Office decided to intervene and put everything in its place. General Prosecutor's Office officials have suggested that to blame the builders, conspired, and suggested that the FAS test this version. Federal Antimonopoly Service (FAS) test the market housing in the Moscow region and St. Petersburg and no price collusion is not found. At the story was over. And today there is no reason to think that the fight with rising food prices to end any other way.
Ivan Tevrizsky
In the power environment began again agonizing search for an extreme, as it was after the increase in bread prices. The leader of the party "United Russia" Boris Gryzlov spoke about the collusion of intermediaries in the supply of food, wanting to deflect criticism in the mainstream of economic activity and to remove suspicion from the ruling party, which he chaired. Alexei Gordeev, accused leaders of ATP, strongly dismissed the accusations and said that he hoped that those responsible be punished. Head of the Antimonopoly Committee of millions Artemev threatened with fines. The Government hastily organized a brainstorming session, and SFOR action bodies, which the party itself called a "protest perturbed customers." In "protest perturbed buyers" attended by more than five hundred supporters of the SPS, as well as party leaders Anton tanks, Boris Nemtsov, Boris Nadezhdin and Masha Gaidar. But what is remarkable, and the government, resulting in a "brain" storming, and activists of ATP involved in mindless action, come to a "saving" the conclusion: the need to increase export duties on agricultural products and reduced tariffs on food imports. That's saviors! As told Interfax Nemtsov, the protesters' demand zero import duties on food, primarily imported from Ukraine and the Baltic countries, called for the introduction of "protective duties on exports of Russian grain," and called for the resignation of Agriculture Minister Alexei Gordeev and Chief Medical Officer Gennady Onishchenko. A day later, the government, represented by the receiver, German Gref Minister of Economic Development Elvira Naibiullinoy, told the citizens of the results of brainstorming, and they miraculously coincided with the requirements of the activists of the PCA. Minister of Agriculture Alexei Gordeev, defending himself against the attacks of inveterate Democrat, said his agency was not to blame for the sharp rise in food prices. According to the minister, the real culprit is a reformer, "who planted the Russian consumers in the nineties to import the needle", ie those same Democrats are now storming supermarkets. This message Gordeev, part of the Supreme Council of United Russia, made at the founding congress of the All-Russian agro-industrial association of employers. As we see, passions ran no joke. And in this situation is really important to understand the reasons for the rise in food prices, not trying to dump all the panic grandmothers who buy salt, as do mountain economists and political scientists. But first drew attention to the explanations that have been made from the mouth of the responsible officials. The head of the CBR Ignatieff told a surge of inflation rising prices of products: milk, butter, bread. Why are they becoming more expensive, Ignatieff has decided not to explain. Only monetary policy is not to blame, he said. And to take emergency measures to contain inflation, Ignatieff is not intended. In the fight against inflation the Central Bank may, in particular, to improve the standard of reserve requirements for banks (CDF) and the interest rates on deposits, said Lissovolik. But now it would have worsened and so unimportant liquidity situation, he said. Priority Bank now - liquidity, rather than inflation. On Wednesday, he lowered the odds, and yesterday - the rate on currency swaps. Inflation - not the worst compared to the potential problems of the banking system, "says Chaikin:" The big difference between 8% and 10% [prices], no. Really! Who cares if you are robbed at 8 or 10%.? For successful lawyers, and perhaps not what a difference there. But for poor retirees significant difference. If we take into account that pensions are not increased in line with inflation. The accelerated decline in inflation in the medium term is difficult, admits Deputy Prime Minister and Finance Minister Alexei Kudrin said in an article published today in the forthcoming issue of the Economic Issues. The main thing that hinders the fight against inflation - the duality of tasks central bank: it is responsible for both inflation and exchange rate, complains Kudrin. And he Kudrin, who did not have long argued that the struggle with the strengthening of the ruble led to lower inflation, it is necessary to understand the works in the Finance Ministry technicals! And does the policy of the Central Bank has no effect. Only, in his opinion, a way to stop the "perpetual motion" prices - to implement using public trust anti-inflationary policy. " What could be more credible? "Central Bank this year was the slowdown of the effective exchange rate - it will grow no more than 5%," - confirmed Ignatieff thought Kudrin. Well done! And apparently commodity tycoons will soon be rewarded with Ignatieff and Kudrin medal for faithful service. " Prime Minister Viktor Zubkov has blamed the rise in food prices Economic Development, Agriculture financiers enough. "Many mistakes were your predecessors has done a" - he said the Minister Nabiullina. Over the past seven years, livestock production increased by 16%, while food imports - in 3,5 times. Nabiullina promised to develop a program of state support of agriculture and increase funding for farmers, and has issued an increase in export duties and reduction of import of agricultural products. In unison with officials from the government, and also absolutely confident singing CEO of the Institute for Agricultural Market Dmitry Rylko, - "In fact, more expensive food is not the fault of officials." What are the true reasons for such a rapid rise in prices? A reason to mind, so that Ignatieff and Kudrin so hard to argue that monetary policy is not to blame. And two reasons. The first - a crisis of the global financial system, tied to the dollar, which Kudrin said Russia has built so lovingly, as if, without assuming that the crisis in U.S. financial policy is inevitable. It is possible that he did not know it. But here's what I wrote about the August financial crisis, Michael Hazin site km.ru.
"With a total debt of the subjects of the U.S. economy of 50 trillion dollars (which is only slightly less than the entire world GDP is about 60 trillion) and 10% th rate of growth of debt, new debt obtained in no way secured. And 10% of 50 trillion - a 5 trillion. That is, the amount of debt this year increased by 5 trillion, representing about half of U.S. GDP. And what these 5,000,000,000,000 provided? Newly created value? But the U.S. GDP is 70% of the services - which provide debt somehow did not take. And the products they create somewhere for two trillion - that is, more than half of new debt does not have any security at all.
And in such a situation becomes clear picture of the August crisis in financial markets in Europe and the U.S.: When an already sufficiently secured debts (in this case, mortgages) have become even poorer because of the massive failure of their return, the holders of these debts are in the financial markets persona "music grata." They do no one wants to lend, because absolutely clear that their ability to return the money to put it mildly, limited. But this situation is the reverse side. Someone is obviously extra liquidity, or, simply, cash in the account. The money is needed somewhere to put as inflation, accelerating all the time, no one has canceled, and the money they, in most cases, not their own, and strangers. That is borrowed, which still must be repaid, such as paying interest to the depositor of the bank. Or paying the insurance compensation to the victims. "
The second reason, and it is crucial - it is an internal financial policy, which was clearly shown how to react MOF and the CBR to the crisis. They rushed to rescue banks by reducing the standard of reserve requirements for banks (CDF) and the interest rates on deposits and opening for them Stabilization Fund. Their priority, as they openly and say, not the living standards of millions of Russian citizens (what a difference 8 or 10% inflation), or some farmers, while the positions of hundreds of bankers. Read: "The priority of the Central Bank now - liquidity, not inflation." On this occasion, Michael Kazarin site "Politucheba wrote:
"The thing is that the banks of the Russian Federation, in their whole" goof "because of the incompetence (in Newspeak -" unprofessional "). Gained overseas foreign characters foreign value to "serve" our population. Instead of linking its people with his native (Russian population) signs, they also accumulated, cost. In this case, sweet for a fact, overreach oneself. For, even pliant and loyal representatives of the Central Bank, timid, shy way, but still not recommended for them to do so.
Result? In the foreign economy (the sea-ocean) have found their short ("mortgage crisis"). He started "tidy" ... reclaim their characters as their national welfare of the national collective. And our home a banker, in this case, was - "a goal, like a falcon. It turned out that he - not the financial genius of our collective national economy as well ... And only - local branch of the alien to us the financial houses. And therefore it is not in vain, "his" CBR not listened to ...
And all this - even despite the fact that the native citizen of his percentage of "fighting" usurious. Effective rate of interest - from the "client" to conceal. "Debtor" in this case, by a bailiff from his last komnatenki dragged. In short, do not trade money (= credit) in front of us all engaged.
But here, fortunately, we (or rather, not "us", and - they have!) Kudrin in the world there. After all, what is, for all this, he said to our president? In essence, for continuation of usury under the guise of "credit" of the national economy, the ruble signs of banks 'now' - more than enough! (= Inter-bank lending rate "..." has dropped to 6%). Holiday, therefore, continues ...
And it's - there's more!
The question is: Do A.Kudrina a ruble from the mass of the whole for this "holiday" come from?
Let's see what exactly is the president on this matter from the Chief Financial Officer of the country heard: "the demand for Russian rubles," we (OH, that is!) Satisfied because "to implement these operations now allow foreign exchange reserves." As you wish, but even if the home minister, native to you the economy is not divisible with you our highly professional "secrets", the ... that in fact, the economy is something you have both of them, anyway - ONE! And how else can we understand his advice, given the President of Russia, something that ... MONEY ON THESE (again!) Print.
That this extra money supply, fired into the bank, to save the bankers, and was the main cause of rising prices. The law of value has not been canceled. And this law inevitably puts everything in its place. Increase in tariffs on goods and services monopolies, founded three years and provided billions in profits to owners of monopolies, as well as credit and financial policies of the government, inevitably led to an increase in food prices. Because it Kudrin and screaming - not our fault ... we need more trust. God save us from the guardians of such good of the people! Most of such predatory policies, inflation in energy prices and the depreciation hit farmers who have not received anything in return, and now their back, the government, together with leaders from the ATP are trying to bring down to zero, reducing import duties. For domestic agricultural competition gut, they cry, and demand to reduce duties on imported food, and for the banker is bad. Of course, that there are objective reasons for price increases. How to crop failure and replacement of wheat to industrial crops. But crop failures occur periodically and do not affect so much on price, so this is not a major factor.
Well, what do people expect from all this fuss and "brain" storms? Oh, nothing! Listen to what state government officials: "In the next two months we will try to stabilize prices." Stabilized and is not reduced. It is done. Revenues and profits are fixed. Now you have to calm people. Remember how, in a situation with an increase in bread prices. Throughout the middle of July this year, government officials, experts and journalists discussed the increase in bread prices, trying to find an extreme increase in prices, and how to deal with it. Sorted! Bread prices were even higher. If you look further, you can remember last year's excitement about housing prices. In August 2006, due to the sharp rise in housing prices and discontent of citizens, General Prosecutor's Office decided to intervene and put everything in its place. General Prosecutor's Office officials have suggested that to blame the builders, conspired, and suggested that the FAS test this version. Federal Antimonopoly Service (FAS) test the market housing in the Moscow region and St. Petersburg and no price collusion is not found. At the story was over. And today there is no reason to think that the fight with rising food prices to end any other way.
Ivan Tevrizsky
Комментариев нет:
Отправить комментарий