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I have been in the profession for so many years, and it still saddens me to hear the lies of the National Bank. Probably because I understand: there are billions behind this lie. Our billions
I am sure Vladimir Lepushinsky is a decent person and a good specialist. You just have to carry nonsense to stay on as head of the economic analysis department. And the National Bank needed praise on the eve of Jacob Smoliy’s speech in the Rada. But who will praise the National Bank? None. Therefore, you must praise yourself. I understand, Vladimir. I don’t blame.
Now essentially mindless inflicted.
1. Inflation – is.
As soon as the quarantine began, all retail chains raised prices. So people are ALREADY forced to spend more. So the purchasing power of the Ukrainians has already suffered, has already decreased.
Another thing is that Goskomstat considers inflation according to a cunning formula. And this formula includes, in particular, petroleum products and family pants. So, gasoline has dropped in price, the price of trukhanov has remained at the same level, because nobody bought them during his life. Overall, this formula showed its effectiveness in 2014-2015, when the rate collapsed three times and prices appear to have increased by only 60 percent, that is, inflation in Ukraine is underestimated. It is beneficial to the Cabinet and the National Bank, you can draw beautiful presentations and boast that there is no inflation.
Conclusion: Vladimir, there is inflation. The fact that you repeat sucking shit – I understand, I don’t blame.
2. A moderate current account deficit in the balance of payments has already ended.
Let me remind the respected analyst across the NBU that the so-called moderate TS BS deficit is the result of two factors.
The first is the export of ore, metals and grains from Ukraine. The cereals are still kept, but with ore and metal, an ass. It just isn’t that remarkable yet.
The second – transfers zarobitchan. Thanks to its $ 13 billion, no one noticed that the government and the National Bank killed the economy. But it is time to bandage the fins, part of the money that the Zarobitanos have not earned.
Conclusion: Your joy is like the captain of the Titanic toast a second before meeting the iceberg. Let’s wait a couple of months.
3. Moderate budget deficit: what are you talking about? About 300 billion? Very moderate
In May-July, Ukraine faces huge debt payments. There is no money to take, nor is there an IMF loan. Then they will borrow it, and this is a net deficit.
Conclusion: Lying, Vladimir, can be more convincing. But, I understand, I don’t blame.
4. Weighted economic policy: what do you mean by “weigh”?
The National Bank dried up the entire money market, drawing tens of billions through certificates of deposit. Banks no longer issue loans. There is no economic growth, nothing. But, as you know, there are no problems with a bald head hairstyle. Similarly, the National Bank also has no crisis. But the National Bank is not afraid, because by law it is not responsible for economic growth.
Conclusion: NBU policy is criminal and dirty. I would say foolish and devastating. For such actions, the NBU board must be removed in its entirety and automatically transferred to court. And don’t sing a song of glory to them. But, Vladimir, I understand, I don’t blame.
5. Well, a little fact about the NBU’s flaws.
A simple enrichment model has long been established in Ukraine. Take loans from state banks and don’t pay. Thanks to this model, the Ukraina bank was ruined (hello Yushchenko), Oschadbank was almost killed. But the situation has not disappeared. The NBU has seen and sees these phenomena, but it does not fulfill its functions. Including, under the current board.
The same situation occurred in non-state banks that were robbed by the owners of these banks, from Igor Kolomoisky to Konstantin Zhevago. The NBU saw this, it was in proportion, therefore it did not interfere.
As a result of the operation of these two mechanisms, billions of dollars were stolen from the people and invested in the “businesses” of the Ukrainian oligarchs.
Conclusion: It would be better if the NBU board were silent.
I am writing this and listening to the report of the head of the NBU, Yakov Smoly. About the NBU reforms and their great role in stabilizing the financial system during quarantine. About how the NBU managed to support the economy with money and create the conditions for the economy to grow rapidly after quarantine. “So that tomorrow a 10% mortgage becomes a reality.”
Tresh Lying Down. As soon as the language changes? But, Yakov Vasilievich, I understand, I don’t blame him.
Although I don’t … I don’t get it. And I condemn it.
Zadolbali.
