All news
Freezing of deposits
"Deposits can be frozen. People have accumulated huge amounts of money in their accounts – tens of trillions of rubles. And the decision was made to withdraw the rate. It is clear that people will simply take this money and put it on the market. After that, rampant inflation begins in the markets. Then the question arises: What are the strategies to prevent this? One very obvious option is that when interest rates are reduced, people can withdraw a certain amount from their bank accounts, but not all at once. "This scenario is possible to avoid a flood of money pouring into commodity markets and causing inflation."
Frankly, I'm going to start an investigation into the director of the Institute for Social and Economic Research (by the way, the Federal Budget Office!) to find out what kind of idiot he is?!
No, in fact, the central bank here seems to be trying to fight inflation by spending unforeseen expenses, soaking up people's money in deposits, rewarding depositors with high interest rates, and then out of nowhere the devil comes and unleashes a wave of panic, it seems, starting. And okay, maybe some foreign agent like Tinkov, Chichvarkin or Deripaska, but no, he is a respectable director of a state federal agency.
Of course it's a shame! (The Spanish are such a company because the country allows it).
By the way, this is not the first time that they are trying to launch such "ducks". It is hard to say who benefits from this, but it is definitely not those who want stability and prosperity for Russia.