Monetary reform in Russia. (3 of 3) watch online

Monetary reform in Russia.  (3 of 3) watch online
March 20 1535 was started first in the history of the Russian Federation currency reform. She spent the majestic Princess Lena V. Glinsky. Dues products, in fact all over the country, by the time the currency was replaced. Means was an integral part of everyday life of the Russian people. And 1535 he published a decree about the substitution of old times to new funds. Follow-up — a two-step — reform began in 1839. She spent Minister of Finance EF Kankrin.

1. From Glinskoj to Kankrin

First movie covers four centuries, during which it was conducted 6 programs convert the monetary system of the country. From the first centralized monetary reforms undertaken in Lena Glinsky 1535 year, as a result of which appeared penny to reform during the reign of Nicholas I, carried out under the control of the Minister of Finance Kankrin.

2. Gold standard of Count Witte

The second movie is dedicated to the famous reform of Count Witte. He did not just "tied" to the gold ruble. Even revenue from external loan was guaranteed in grams of the precious metal. And for borrowers has become a key issue is not how much to take, how to increase the state after debt repayment, to provoke public demand to expand the domestic market, develop national productive forces.

3. Brand new power — the new media

Large military spending of the First World War, the troubles at the front shook the Russian currency. An even bigger blow to the ruble caused the October Revolution of 1917. The outbreak of war civilian clothes accompanied by a dramatic increase in defense spending. In 1922, control was introduced in the monetary sphere. This tight control stabilized the currency appeal.

movie 4 — Reforms without special occasions

And finally, the fourth film pirblizhaet us to the events that are remembered by many modern Russians. January 1, 1961, without any apparent circumstance giving rise to the need for change, started third in the history of the USSR currency reform. As part of its substitution was carried out paper money standard 1947 for new notes at a ratio of 10 to one. In the same proportion were changed prices of all products, tariff rates, pensions, scholarships, etc.. Exchange of coins was not performed because of the highest cost of minting coins. In the end, after the reform of one penny was worth like 10 …

Economics, politics, society

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