This page has been archived and commenting is disabled.
Belarus President Tells "Retailers, Money-Grabbers And Thieves" That Capital Controls "Will Remain Forever"
There is just so much win in the following article describing what is taking place in hyperinflation-ridden Belarus (aka a true Keynesian success story), that we decided to post it in its entirety.
State control of prices in Belarus will remain forever
Belarusian President Alexander Lukashenko has said that state control over prices will remain in place in the republic and urged businesses not to count on a liberalization of the price policy after the scraping of a package of emergency measures from the government and the National Bank.
"I was told, and saw it for myself, that some of our scoundrel-officials have been telling entrepreneurs, businessmen and all sorts of thieves that they should wait until around (January) 9th or 15th, everything will be liberalized here, and they would be able to get what they have not until now. People are simply begging to be you know where. I want to say that the trend, as is fashionable to say nowadays, towards control over domestic prices will remain forever," Lukashenko said at a meeting which focused on the country's economic development on Friday.
It is outrageous that certain politicians have been telling businesses the control over price-formation in the country will soon be lifted and businessmen will be able to make up for lost profits, the president said.
"Retailers, middlemen, money-grabbers and thieves working in this sector have become the richest people in our country," Lukashenko said.
"We did all we could to form a proper retail industry in our country. Even if tomorrow we have no more new retail companies, we still have an incredible number of them and middlemen. We could do without new ones. But those that are operating, we'll make them work the way they should," the president said.
"Like I said, unless they heard already: 2-3% of the profit margin. We'll have each type of goods under control, especially imported ones," Lukashenko said.
"They should not expect to be able to hide something somewhere in the hope that after (January) 9th or 15th they would get incredible prices and fill their pockets even more," the president said.
And just like that, we have government central-planning of... everything. Coming soon to every banana republic near you.
»
- 13703 reads
- Printer-friendly version
- Send to friend
- advertisements -
He can't be this stupid.
He's a politician, of course he can!
How soon until there is NOTHING left to buy in that country, at all?
Hello black market!
They still sell black?
Probably oughta export it to Ferguson etc.
Or am I missing something?
Back in the US back in the US back in the USSR....
Is this what is otherwise known as a "command economy"?
Krugman just wet himself in ecstasy, mission accomplished.
Day Vehr.... Verry nice...
Evening vehr... Verry nice..
https://www.youtube.com/watch?v=TFaIcx0WkOY
Svimvear... Verry nice..
DA!!!
And is this dude a Joseph Stalin wanna be or what the fuck, over!?
Holy shit.
That was so damn awesome. That was one of the most perfect commercials ever done. Still funny as hell.
Though, not quite in the same way.
Thank you for that.
He is a former Komsomol leader and Soviet Communist Party hack.
They are a future Venezuala which seems to be the coming thing.....
USA is now the "New USSR": United States Socialist Regime
Well, Cuba lasted for 50+ years with this retarded mentality. Never underestimate the capacity for the average human to take abuse from their government.
Cuba was geographically and politically isolated. Forced to make do.
Yeah too bad Oboingo and the Pope had to go fuck it all up for em.
Communist Socialism Does cut out a lot of cut throat bullshit.
Politically isolated? The entire world recognizes Cuba, except for the USA.
Not exactly isolated.
For the best part of those 50 years Cuba had the backing of the USSR. After the fall of the SU, conditions in Cuba really went to shit.
I'm amazed at how many here keep talking about Putin's chess game, yet they only think one move ahead themselves.
This game is a tad more complex in its open and hidden players, in Belorussia and abroad: the country is being targeted by Globalists, the exact SAME way that Ukraine was. It is all about... RUSSIA , you one-move armchair strategists.
I'm bullish on cheap Belarussian hookers because of this bold move.
No, no, he was only joking; it was really just a test run of one of Obama's future teleprompts
Nothing remains forever, including Lukashenko.
How about that mustache though.
Maybe the price on Hair Color for Men went up big?
Hair club for men. My bad mr down arrow guy.
That is quite the black market I must say though...
Looks like a nice watch though.
Piaget?
The Rothschild family has been running things economic for a very long time.
Those at that Roth level have been setting policy and economic conditions from the over the top point of view for quite a while. But the reality of the changing economy is trying to slew that to more local points of view, regardless of the over the top position. Personally, I don't care if that policy trend ends back up at the level where every man's home is his castle.
That policy trend ends up with every man's home being owned by the Rothschilds. It's getting close to that already.
Possession is still 9/10ths of the law. Collartarized claims on that kind of wealth are worth just about as much at the other derivative claims proffered as real wealth recently.
In a bizarro world, this seems perfectly normal.
If you open your eyes and look around, it becomes pretty obvious that most of the world's problems are caused by banks & governments......
Solutions, anyone?
An all expenses borne by you .....
http://www.sealandgov.org/
I remember when Sealand first came into existence - thought it was kind of cool at the time.
Unfortunately there aren't many other spots where this is possible.
Incorporated open source countries
No more hush hush and backroom deals - Everything on the net all the time
No more representative democracy, direct democracy (vote restricted to shareholders)
No more assumed social contract, an actual contract requiring actual consent
Crowdfund the venture
Buy up some bankrupt island and expel locals (crucial point here)
Bob 's your uncle
We'll need to shoot a lot of people first and I'll donate the first 1000 rounds since it's for a good cause....
Buying the island free and clear
In a sense telling the local .gov, here is a one time payoff, now get the f off and take your peoples with you
When local .gov comes back, and it will try, or its errant tax cattle meanders back, gloves are off
The three -point program:
Don't believe them.
Don't fear them.
Ask nothing of them.
Pretty much there.
The bit I'm struggling with is how to stop them stealing from me.
Is this really so much different than Western manipulation of all markets? Bank runs and shortages just haven't happened....yet.
So what happened to controlling healthcare costs in the U.S.?
Oh that's right, the insurance companies, big pharma, and corporate sick-care conglomerate thieves are bleeding us dry. Cronyism at it's "finest".
They are the ones who actually wrote Obamacare so I would expect no less....
... and we shall continue bailing out banks and lending to idiots and propping up real estate prices and share prices and taking the citizen's money out of their bank accounts until they become rich!
We shall continue lending money to idiots that cannot afford repayments until they become rich!
It is your fault you are poor. If you took on more risk then you would be rich. So we will make your bank account more and more risky until you become rich!
I know what went wrong. I just didn't want it bad enough.
Right! I'm taking the necessary steps!
http://fredgassit.tripod.com/fred003.gif
Just like clockwork. "Economics in One Lesson" was written, what, in the 1940's?
These assholes blame their hyperinflation on retailers and "middlemen" every time. Every. Single. Time.
Psychopathic politicians always need scapegoats to blame for the problems they have created.
Off topic..
McCain is not subject here.
Joe Biden is not much of a side kick either...
If he is getting ready to throw a punch, he is going to land that like a little girl.
Sounds like the title to a song by Cher's Belarusian cousin.
Gypsies, Tramps and Thieves?
Russian troops ought to spend some dough - at least on hookers and vodka.
Russia Signals More Military To Belarus as Ukraine Briefly Cuts Power To Crimea
NATO may move into Ukraine, but Belarus [along with Kalingrad] can easily host some missiles and fighter bombers].
"Preventive War is just good defense Mr President. We cannot have a Fulda Gap, sir! We must attack!"
Another victim of the Jaguar...
http://www.globaldeflationnews.com/jaguar-inflation-a-laymans-explanatio...
Retailers can’t operate at a loss so Belarus can expect empty shelves from now on.
Nothing is going to lower prices in the currency of the nation which is slated to be a groundwar battlefield in WW3. The market smells it and wealth is leaving. If Russia is forced to move in Ukraine, Belarus is one big matzo ball between Russia and Poland.
This. I seriously doubt German artilliery would move east of the Oder.
The Russian Army would be suicidal to approach the Oder with the nod from Berlin ahead of time.
This means that Belarus, Ukraine, Moldova, and Poland are ground zero for any potential war between West and East. I get the feeling that Poland and Belarus would take the worst of it.
Could be a good buying opportunity for Real Estate in Western Poland (former Prussia) as without a doubt -- there would have to be a buffer zone between the new West and East (anyone who thinks the USSA can take Russia in Russia is fooling themselves) -- and what could be better for the Russians than to Establish good will with the Germans on a mass scale.
E.g., Hey Angie, tell ya what -- with this whole shit show going on right now -- we both know who wins in this part of the world. How about this, you keep Germany out of the fray -- and in return we'll give you Prussia back. There are a few conditions:
1) In the reestablished Prussian states of Schlesien, Ober Schlesien, Nord Schlesien und Ost-Preussen absolutely no German military hardware, or any hardware of its allies are allowed in this part of the world for the next 30 years. Moreover, this is a strict no-fly-zone for military aircraft from Germany or her allies again, for the next 30 years.. The Russian army will play by the same rules. Again, for the next 30 years.
2) This is not an enclave of the current Polish government. Germany will annex this part of Europe. It will be a part of Germany. Not a Polish government in exile. Not a group of state that "temporarily" belong to Poland, etc., etc., The language will be German, and your government will be responsible for taxes, welfare, streets, laws, etc., etc.,
3) Our energy companies are entitled to any and all of the petrolium and gas related resources in this part of the world. The mineral rights belong to us, and we are entitled to the spoils of said rights for free. We will abide be all environmental regulations the BND imposes on the newly annexed land.
If you say no to these conditions, Germany gets Stettin back, and we park the Russian Army less than 100 kms away from Berlin directly on the Oder.
Your head would spin so quickly, as all parties and new sources become pro German Unification 2.0. Rebuilding this part of the world would tie the German government down financially for the next 20 years, and as long as they keep paying their bills -- Russia could use this opportunity to drive the wedge between German and the US/UK. Bring it into the fold, and really give the shithead Bilderbergers a run for their money.
President Alexander Lukashenko has just announced :
"You Wall Street blood-suckers have drained the cuntry and the middle class dry and now this is OVER. Our secret police know where the thief from GS is hiding and will arrest him shortly and make an example of him"
Poof
Oh, what dream I just had. Darn, Wish it would come true.
In a capitalist society you have to be willing to admit your errors and take your losses.
In a Central Bank Controlled society, the only ones expected to bear the losses are the consumers.
I drive a diesel. Where I am diesel fuel has dropped more than $1 a gallon. But there are some gas stations that have refused to take their losses and sell their diesel they have in the tank for a loss. So at some stations, diesel is as low as 2.89. while there are some that are still trying to sell it for $3.89.
It's not moving at those stations, and will not move at that price. Yet they steadfastly refuse to lower the price.
Even though it would be in their best interest to take their losses and start selling diesel again, they refuse. And evey day they wait, their losses are mounting.
Belarus could learn a lesson here, but I think they rather prove that they are right, regardless of the costs...
This demonstrates a fundamental misunderstanding of capitalism. The only mistake an owner would ever make - is to react to a situation where a competitor decides to put you out of business by selling below cost.
The absolute WORST thing a capitalist can do: sell MORE...of ANYTHING...that does NOT return both the initial cost, and a profit...which covers the risk of buying diesel before his customers NEED it.
Sitting on that diesel fuel and awaiting the inevitable rise in prices...means you don't have to replace the diesel already in the tank. If someone wants the diesel, they will pay the price the OWNER wants, or they will not. It's the ultimate democratic endevor as his customers either vote to support his decisions, or not! Each time a customer makes a purchase, he's voting to support the owner. The owner can interpret the 'data' (lack of sales) as an omen to lower his price and thereby take a loss, or he can simply wait for his customers to come back around to his refusal to change course once those customers realize they've been duped into misinterpretting a price drop.
In this case, your local convenience store made a correct determination - because the arabs are simply manipulating an already manipulated system. They are selling at a in order to drive prices DOWN - for the sole purpose of weening America away from it's new energy independence....
The Saudi controlled oil cartel is the one that has decided they don't like the fact that America doesn't need them - so they drive the prices down below our costs to produce. They are such rich little fascists that they're betting American's will put pressure on their own neighbors to force the independent competitors to stop 'mucking up' the arab pricing monopoly...
...and just like the last time we showed some backbone, if they can keep their own rabble in line, this type of leverage will eventually work. As you have proven, you'll sacrifice your neighborhood convenience store owner for the sake of a buying it $1.00/gallon cheaper.
...once independent American oil production is 'brought into line' and stops fracking (either as a response to the pressure of the arab's reverse-embargo, or via congressional legislation)...
...what do you suppose the price of diesel (which without US special taxation - is actually CHEAPER to refine than gasoline) will do?
It will necessarily skyrocket.
But don't assume you know what a capitalist is thinking - and that he is foolish for not doing what you've been indoctrinated to expect from him. It's not ALL your fault, afterall, you can't possibly know how capitalism works, you've never been allowed to see it work properly. You see, much like the property YOU own - once an item is paid for - like the diesel in the tank of your local convenience store - do you think they care this artifical pricing will last?
I don't know for sure, but I'd say they can't afford to sell it for less, and believe prices will rise again, soon...and they're willing to put THEIR money where their mouth is.
When you own something, you don't actually HAVE to give it away just because people who use what you have, WANT you too...
You have clearly demonstrated how wrong one can be.
The thing that no one can do is accurately and without fail, forecast demand.
A capitalist prepares for what they think will happen, but when it does not, must adjust accordingly. When they do not, they pay the price.
So tell me how much profit the station is making by waiting for prices to rise again, and not selling any diesel in the meantime?
You are correct when you say that you do not have to give it away. You can hold it forever, and never recover your investment.
Meanwhile, their competition has taken their"short term loss" and are back making profits on what they sell.
Why don't you tell me which model is generating the most profit?
After all, that is the bottom line for capitalism, isn't it?
By the way, I do not make my purchasing decisions to support the owner. And neither do the majority of consumers. The consumers are voting-for teh best price that they can find.
Fundamental misunderstanding: the BEST thing a Capitalist can do is use capital / easy debt to drive a competitor (with less access and weaker position) out of business.
And the Chinese have done exactly that to entire American industries, since Clinton declared them "Most Favored". Actually, ditto every other sovereign (Saud) or international monetarist controlled nation with sock puppet leaders.
Are the Sauds still buying T-bills, as per SAMA, or has that farce even been abandoned?
BTW, most gas stations sell gas at ~3% average margin - they make their money selling Redbull and doughnuts.
I hate rich people, but not myself - Alexander "Comb-overs are making a comeback" Lukashenko
I think I'm seeing a resemblance here...
http://www.ourworldtravels.com/owt/malaysia/gallery/red-parrot-malaysia.jpg
Bellwether Belarus.
Looks like we finally found a place to resettle the Palestinians!
Nothing new under the sun...
Directive 10-289 is the future.
Damned staight.... Bad combover or not, at least the dude has the stones to tell the hooknosed parasitic carpetbagging banksters and their NWO "retailer" middle men to FK off.
grow up and get a clue, kid.
lukashenko's centrally (mis)managed economic policies have been destroying the country and causing his people tremendous suffering.
to say that he "has the stones" to pass the buck and blame someone else for his failed policies is beyond stupid.
i was in belorus 2 years ago, right after a massive devaluation of the BYR, the prices of everything had massively increased, but no one's wages had.
you could see people fishing at the lake near my hotel in winter, not because they enjoyed it, but because that's the only way they could get anything to eat.
retailers and shopkeepers and middlemen are not the problem, and are not any sort of NWO conspirators, pull your head out of your ass.
lukashenko's statements about shopkeepers is just a diversion, a red herring, because he doesn't want to take blame or be responsible for his own policies that have destroyed the country's economy, and you're taking the bait for some reason.
lukashenko is a madman and a tyrant, and the bane of his people.
Nearly everyone thinks the USA is immune, or somehow in the right position.
That assures its not.
"2-3% of the profit margin"
Can the gov also have 2-3% tax control? I afraid not. Bloody hypocrite.
#obamaporn - keynesian wet dream
The man is an idiot and a dictator, but he's right about their being vultures ready to descend on Belarus. A "free market" in Belarus would swiftly mean the sort of "capitalism" Russia saw under the Yeltsin era oligarchs.
An IMF riot isn't necessarily a better option than this clown's decrees.
Money-grabbers and thieves in Belarus = condemned by government
Money-grabbers and thieves in US = banksters who pay off government
Solution - more bribes and payoffs to Belarus government officials
Translation from Belarus to English - inflation has eroded away the value of the bribes currently paid to the government and we need MOAR!
What is source of translation?
I look for original.
Last on Belarus Tyler posted was AFP article
not exactly paragon of honest
Be sure trouble is from outside
so why ZH'ers bite at Belarus?
better look low public debt there...
Belarus' public debt is much higher than Russia's - almost 40% debt-to-GDP.
Belarus is part of the illusion slave......but maybe you like the game?
Russia Helps Belarus Into WTO Through U.N. Fund
Belarus to Partake in Construction Projects in Russia’s Kaliningrad Oblast
Russian Imports Into Belarus Increase By 30%…….Sanctions Meaningless
Belarus To Get 5.7M Tons of Russian Oil in Q1 2015
Sales of Belarusian Tractors in Western Russia Soar
http://newworldorderg20.wordpress.com
fighting the law of supply and demand. brilliant move!
between 9 an 15 jan. there will be a major war in Ua and Russia.
https://www.federalregister.gov/articles/2014/12/29/2014-30365/prohibiti...
Historically, Russia and Belarus are thick as thieves.
Pariah states understand one another.
Bob give it a rest .
Ukraine is NOT weak!
It's a hellhole courtesy usa
yea, belarus, a christmas gift from the fed. to the eu..
Meanwhile the dollar is the biggest synthetic fraud racket of epic "price" control the world has ever seen.