The topic is vast. There are a lot of politicized things in this process that I don't want to discuss here.
The point is the same, not one system of government will want to be talked about badly under any circumstances of the prevailing economic conditions. Therefore, if necessary, they will print as many rubles as necessary.
The issue now is that the Central Bank is categorically against these mechanisms and supports a market-based approach, while the Government is more inclined to the opposite and is strangling the Central Bank with it.
And what is the market - living within your means. But in this scenario, under the current conditions, the discontent of the population will increase. And nobody needs it. I think you understand. Therefore, they will drag it out to the last.
The principle is that if there is an excess of liquidity in the system now (and there is), then we will fix it in the next, next, etc. year, but people should live well today. But if they don't fix it, then the next generation will be responsible for it. So to speak, for a good life today, the future will have to get involved (because it will be necessary to withdraw excess liquidity - to remove the bubble and pay off external debts, i.e. a serious blow to the solvency of the population).
For a healthy economic process, the ruble exchange rate should already be such that the budget works at a deficit-free level (120 or 200 can only be said by the fact of the reporting period when the economy is operating in such conditions), and not to close the holes with the same OFZ and other government lending instruments.
Today, a high exchange rate is like a red rag for the population, and this is not the satisfaction of the population, although it is a budget positive, even to the detriment of people's current solvency.
No one can even talk about the total toxic debt of the entire banking sector of the Russian Federation, which is a harbinger of crisis phenomena.
That's why everything is on the thin side now, and everything can collapse in an instant, because there are already a lot of bad savings.
It's the same in the USA, but they're beautiful, and they're now hooked on the Bitcoin project, which I think will help them solve a number of current economic problems.
