Vladimir Putin has started to purge his government of Globalist banksters as his battle to switch the country over to sovereign money intenstifies, reports The Saker.
The Russian central bank was privatized in 1917, just four years after the Federal Reserve in the USA.
According to German blogs, the privatization contract was limited to 99 years,so that a new contract is due to be signed this year 2016.
Putin is reported to be seeking to use the contract opening to renationalize the bank and introduce souvereign money.
The Russian Orthodox church has emerged as a champion of an alternative financial system offering interest free loans.
“The list of potential ‘candidates’ to be purged next includes the Russian Central Bank Elvira Nabiullina, the Minister of Finance Anton Siluanov and, of course, Prime Minister Dmitri Medvedev,” reports The Saker.
Bank of Russia Governor Elvira Nabiullina has played a key role in strangling the Russian economy by setting a very tight monetary policy, keeping interest rates ultra high at 10.5% at a time of severe recession.
She claims these high interest rates will control surging inflation. But in the long term, her high interest rates will fuel inflation as ever more businesses go bankrupt, allowing asset strippers and bankruptcy managers like Wilbur Ross in the USA to accumulate great wealth.
Stabilizing the Ruble by ultra high interest rates profitting foreign bankers is a false flag even in an oil exporter like Russia. It would be better for the Ruble to fall.