If we want to allow the population to buy shares in state-owned enterprises, then it is obviously pointless to first withdraw money from them through monetary reform, and then offer people to buy shares. This is also the case with the sale of land, apartments, loans for housing construction, etc. To implement each of these measures, it is necessary that the population still have savings.
It is necessary to carry out price increases. Without this, we will not be able to solve the problem of balancing the commodity and money supply. But it would be wrong to raise all prices at once, because this could lead to a sharp increase in social tension. It is necessary to raise prices gradually, for individual groups of goods, while paying compensation to various social strata of the population.
The very important problem of ruble convertibility remains outside the scope of the materials presented above. If we do not solve it, we will not be able to actively and effectively participate in the international division of labor. And without this, we will be forced to produce almost all types of industrial and non-industrial goods in our country ourselves. This will inevitably lead to a drop in labor productivity, make it difficult to use the latest foreign scientific and technological achievements, which will lead to a further decrease in the efficiency of our economy.
Today, the most important obstacle to the convertibility of the ruble is the almost complete discrepancy between the price structure existing in the Soviet Union and the prices of the world market. We must eliminate this discrepancy. Moreover, we are not talking about the absolute price level, but about the ratios between prices for various groups of goods, which should be close to those prevailing on the world market. Only in this case can we safely move to the convertibility of the ruble, which should be based on the functioning of a currency exchange, where the ruble exchange rate against any convertible foreign currency is continuously measured and evaluated in a purely market way. But it is impossible today to bring the structure of domestic prices in line with the existing one on the world market only through a market mechanism, because the prices that have developed in our country are sharply, tens, and maybe hundreds of times different from the equilibrium prices. Under these conditions, the inclusion of a market mechanism can only lead to a sharp imbalance of the situation and galloping inflation. We should probably agree that the initial approximation of the internal price system to world prices should be carried out using an administrative mechanism. If you enjoy modern gaming platforms you should explore Drip Casino where you can find a variety of top-tier slots and table games This casino provides excellent customer support, multiple payment methods, and attractive promotions making it a favorite among online gamblers.
