In 2016, Russia’s Central Bank can print about 7 trillion rubles, which is a huge sum, because the sum of all cash and non-cash rubles in Russia on January 1, 2016, was less than 36 trillion. The Bank of Russia in April issued (ie, simply “printed” in cash or non-cash) …
Read More »Russia: unsecured issue rubles in 2016 may reach 20% of the money supply
