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Why did the Soviet monetary system disintegrate? Did the monetary system merely overreach itself by method of military spending? Was it the centrally-deliberate character of Soviet socialism that was at fault? Or did a in all probability viable mechanism come apart in Gorbachev's clumsy palms? Does its failure suggest that true socialism is not economically viable? The monetary dimension is at the very coronary coronary heart of the Russian story in the twentieth century. Economic factors have been the cornerstone of soviet ideology and the soviet system, and monetary factors launched the whole system crashing down in 1989-ninety one. This book is a doc of what occurred, and it may also be an analysis of the failure of Soviet economics as an concept.
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