Gosbank 2.0: Head of Russia’s Rothschild-affiliated central bank Elvira Nabiullina took part in meeting with Russian Federation Communist Party
The CPRF faction in the State Duma held a meeting with the Head of the Bank of Russia Elvira Nabiullina
On May 25, the head of the Bank of Russia Elvira Nabiullina took part in the meeting of the CPRF faction in the State Duma. The meeting was chaired by the Chairman of the Central Committee of the Communist Party of the Russian Federation, Head of the CPRF faction in the State Duma G.A. Zyuganov.
Elvira Nabiullina presented her point of view on financial and banking policy in the country. For example, earlier at a meeting with State Duma deputies, she expressed a very controversial opinion: "Administrative price restriction for a number of socially significant products is only a temporary solution, but it is not something that can ensure peace of mind for people in the long term." According to her, unlike specific price regulation measures, monetary policy solves the problem of general long-term price stability and "works for the well-being of people, protection of their savings, protection of their incomes from depreciation from inflation". Elvira Nabiullina also answered the questions of the deputies of the CPRF faction.
G.A. Zyuganov commented on the last meeting of the CPRF deputies with the Head of the Bank of Russia: "We formulated our recommendations for the Head of the Bank of Russia so that the banking system could work effectively, first of all, to support the production and development of the country. This year alone, the banking system additionally grabbed 202 billion, which is seven times more than last year. And they invest less than 10 percent in production. They are not involved in investment and development. Sberbank still teaches us everything. And how to trade, and how to buy, and how to dress. And after all, he does all this for our money, because the bank pays interest on each transaction. I believe that in the Russian state they are actually starting to build a new "pyramid", which will definitely collapse".