Banker from 90s told about main mistakes in economy after collapse of USSR

Chairman of the Board of Directors of Alfa-Bank, the former Minister of External Economic Relations and one of the most famous bankers of the 1990s Peter Aven in an interview with the Kommersant newspaper told about the main mistakes in economic policy after the collapse of the USSR.

Aven is confident that Egor Gaidar will remain a major historic figure, but his government made a lot of mistakes. One of the mains he considers the decision not to return the money to citizens, which they lost as a result of reforms and inflation. “There is a legend that all the money they were on the savings books, the Gaidar government was glad. It was not the case,” said Aven and clarified that the money was spent the previous government Pavlov.

“But, indeed, the state, let it even the state of the USSR, should have remained large amounts of money to its citizens. Thesis, who was taken by wearing:” We didn’t spend – we will not give anything. “This, I think there was a mistake “, I concluded Aven. He believes that debts could be extinguished by property or land: depending on how much money was on the savings book.

In December 2020, Aven called the last years lost for the Russian economy. According to him, recently happened “a fairly fundamental transformation of an economic model”. One of the most obvious signs of this phenomenon of Aven considers the targeting of inflation, which is engaged in the Central Bank. The most negative result of recent years for the National Economy Aven called a decrease in the entrepreneurial activity of the population.

/Media reports.