Logo
Munich Personal RePEc Archive

Savings and Inflation Using the Example of Russia in 1992

BLINOV, Sergey (2015): Savings and Inflation Using the Example of Russia in 1992.

[thumbnail of MPRA_paper_67147.pdf]
Preview
PDF
MPRA_paper_67147.pdf

Download (955kB) | Preview

Abstract

Savings are a huge boon for the economy. This means both growth today and prospects for growth tomorrow. This is both an investment resource and a medicine for inflation. However, mistakes made in managing the savings by economic authorities, may turn everything upside down and then the savings become a cause of inflation and many other economic woes. This is exactly what happened in the far-off 1992 in Russia. Two approaches: reliable tools and advantages of the bond type form of savings would enable Russia to quickly create a significant stock of «long» money and increase the GDP and, at the same time, significantly reduce inflation.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.