John Richard Cookson — Russia's Financial System: How Vulnerable? Collapse is not in the cards.

Neoliberal analysis of the Russian economy and outlook by Russian liberal Sergey Aleksashenko, the former first deputy chairman of Russia's Central Bank and a former deputy finance minister, as well as former chairman and CEO of Merrill Lynch Russia.

Here's the flavor of it.

All indications of current head of the Russian central bank, Elvira Nabiullina, are that, while maintaining some constitutional autonomy, she is also “very keen to provide money to the government one way or another” to finance any future federal budgets, Aleksashenko said. And monetary finance, “definitely leads to inflation, sooner or later,” he added.

Happily he is out of job in the Russian government and Nabiullina is in. Maybe MMT will catch on someday.

At least he thinks that "collapse is not in the cards," as the neoliberal world is hoping.

The National Interest
Russia's Financial System: How Vulnerable? Collapse is not in the cards.
John Richard Cookson