Ye Litian announced the use of "shock therapy", on January 2, the first step of shock therapy is to liberalize prices, the Russian government stipulated, from January 2, 1992, to liberalize 90% of the price of consumer goods, 80% of the price of means of production. At the same time, restrictions on income growth were lifted, salaries for public servants were increased by 90 per cent, pensioners were raised to 900 rubles per month, family allowances and unemployment benefits were also raised.

In Russia's unseen reach, Franklin moved from afar to Novosibirsk, both cash and bank transfers. Now that Russia has just been liberated, the specific process will take time, Luo Xinghui is also acting in secret, gathering the existing funds in his hands, regarding the problems in the city, there are more than 20 powerful biochemical people watching, and they are not afraid of problems at all, plus it is now a monopoly.

In the first three months, the long shopping queues were gone, the shelves were full of goods, and the Russians, who were accustomed to waiting in long queues with tickets, seemed to see the benefits of the reforms, and the Russians thought that they could live a good life. But the good times didn't last long, and prices soared like a kite with a broken string. By April, the price of consumer goods had risen 6.5 times. Ye Litian's government originally wanted to stabilize prices through state-run stores, but did not want black market vendors to collude with state-run store workers to resell goods and make huge profits.

It is a pity that due to the premature liberalization of fuel and raw material prices, the production costs of enterprises have increased sharply, and by June, the wholesale price of industrial products has risen 14 times, so high prices have made buyers daunted, the consumer market continues to be sluggish, and the demand is not strong and in turn inhibits supply, and enterprises have compressed production, and market supply and demand have entered a dead loop.

After the price of goods is liberalized, inflation is like a wild horse that has been freed from the stiffness, and it is uncontrollable. In this regard, the Russian government seems to have been prepared for a long time, and the "double tightening" policy of fiscal and monetary policies has been introduced almost simultaneously with the price reform. The main reason for fiscal austerity is to increase revenue and reduce expenditure. Tax incentives are abolished, and all goods are subject to 28% value-added tax, while excise tax on imported goods is added.

In tandem with the revenue increase measures, the government cut public investment, military spending, and office spending, included off-budget funds in the federal budget, and restricted local governments from using bank loans to cover deficits. Tight monetary policy, including raising the central bank's lending rate, establishing a reserve requirement system, and implementing loan limit management, is used to control money flows and curb inflation at the source.

This time, however, the government miscalculated. Due to the excessive tax burden, the production of enterprises has shrunk further, and the number of unemployed has surged, and the government has had to increase relief subsidies and direct investment, and the fiscal deficit has risen instead of falling. Tight credit has led to a serious shortage of working capital for enterprises, mutual arrears between enterprises, and increasingly serious triangular debts.

In the view of the Gaidar government (Russian Prime Minister Gaidar component), the main reason why the reform is full of dangers and crises is that state-owned enterprises are not the main players in the market, the competition mechanism does not work, and the price reform is like building a tower in the sand, which will collapse when the wind blows. The most trouble-free way to reform state-owned enterprises is privatization, and if the enterprises become individual, how can they not be properly handled? In order to speed up the privatization process, the initial approach adopted by the Government was to give away free gifts.

According to the assessment of relevant experts, the total value of Russia's state-owned property is 1.5 trillion rubles, and the population is just 150 million. As a result, each Russian received a 10,000 ruble privatized securities, which he could purchase freely with a certificate. However, by the time the privatization was officially launched, it was October 1992, and time had passed, and 10,000 rubles at this time was only enough to buy a pair of high-end leather shoes. If this plan fails, another plan will be born.

Since it can't be delivered, then sell it at a low price. As a result, a large number of state-owned enterprises have fallen into the hands of the privileged class and the nouveau riche, and what they are most concerned about is not the long-term development of the enterprises, but the fact that they will change profits as soon as possible; the workers and workers will not receive dividends and will not have the right to participate in decision-making.

In addition to being anxious to make meritorious contributions, an important reason for the Russian Government is to win the favor of its "friendly countries" and to obtain some benefits from the developed countries of the West. However, the countries that had promised to provide assistance are now standing by and paying lip service. The 24 billion Franklin loan package is long in place, and the 6 billion Franklin Stabilization Ruble Fund is even more elusive.

At this time, Luo Xinghui's Novosibirsk ruled like a lone show, so unsociable in Russia, in the early days, Novosibirsk has been replacing Franklin's currency, and there are countless Franklins in secret, and the prices have been suppressed, not like a wild horse, prices have skyrocketed.

And in order to prevent the secret transaction between Lu and Franklin, use the power of the underworld and the power of the government to stop the dark market trade in Novosibirsk, sometimes the power of the underworld is indeed much more useful than the power of the government, and the new people are exchanged according to the real-time Franklin and Franklin exchange ratio, and for the people in difficulty, they are first placed in the relief station, provided with three meals a day, and then paid after finding a job.

Fortunately, Russia has a large territory, has enough houses, and the people of Novosibirsk, seeing that their own people are in dire straits, have come to the rescue of their own civilization in the cities. The unity and cohesion of the fighting nation can be seen at a glance here, and Luo Tiancheng deliberately came to take a turn, feeling that the Russian nation is more suitable for the advantages and inferiors of the universe. At the end of '91, the population of Novosibirsk reached 2.7 million, which is more than 1 million more than before.

Who calls himself Chinese?

At the same time, Luo Tiancheng used the funds in his hand to buy a large number of Russian assets, even the United States could not take out such a huge amount of funds as Luo Tiancheng, and the funds that Luo Xinghui had already prepared swept the entire former polar bear area and completely became the first financial predator in Russia. Dominance in gas and oil, as well as other mining industries, has led to the privatization of assets by polar bear privileged individuals shrinking by at least a third compared to their original history.

Fortunately, these people have not experienced history, and they are still complacent, feeling that they have earned it in this privatization.

Subsequently, Ye Litian's government handed over one-half of the wealth after privatization did not involve Luo Xinghui in Novosibirsk, but Ye Litian was helpless when he saw this, who called himself a request for others, and now Novosibirsk has completely established a faction in Russia, and 60% of Russia's wealth and mineral resources are in the hands of Novosibirsk.

And Luo Xinghui has a Russian face, when competing with foreigners, he has a huge advantage, and it is always better for others to earn than others, and there is no inflation in the Novosibirsk Oblast under Luo Xinghui's notice, and the people live and work in peace and contentment, becoming the only pure land in Russia.

I don't know when it started, Moscow and St. Petersburg and other cities in Russia are all rumoring the grand occasion of Novosibirsk, under the popular base, the Xinghui underworld forces under Luo Xinghui occupy Moscow and St. Petersburg, Luo Tiancheng deliberately evolved 20 biochemical people to Luo Xinghui, expand the market, at the end of 92, completely became the largest underworld force in Russia, with a number of 200,000, in order to distinguish it from the Xinghui Party, it was specially called the Dark Star Society.

The number of the Xinghui Party on the surface has reached nearly 2 million, almost all the original Novosibirsk people have joined, the party organization is rigorous, and it occupies a pivotal position in the Russian army, so that Ye Litian does not dare to move, and has been waiting for financial assistance from a certain country, and has not arrived, and now Ye Litian has lost the popular base, and Inovan is getting higher and higher in Russia.

Russians, with the exception of Novosibirsk, spend every day in soaring prices.