Primakov - victory against neo-liberalism

[Brad De Long]

Re:
>
>His appointment of Geraschenko to head the central bank appears to signal a
>willingness to print roubles. Other likely appointments from the former
>Gosplan suggest a readiness to abandon laissez faire economics and make use
>of a significant state sector.
>
>In what appeared to be a very authoritative analysis by Martin McCauley
>from the LSE  on Sky News, the scenario is likely to be the imposition of
>an "inflation tax". The government will use this to eliminate its debt, and
>to pay past bills to get the economy circulating. Then on 1st January a
>currency board will be introduced.

Hyperinflation is not a victory for anyone...

Brad DeLong