More or less, Central Bank was privatized during the 90's and many people within the government (doesn't even need to be in Putin's party) has influence in CB. It is no secret that CB has worked against Russia for so long. Perfect example recently is the interest rates to so called fight the devaluation of the Ruble. In the end, all it did was fall anyway, and interests become so high that it is too hard to pay off public debt. The Russian auditors are doing an audit on CB and their misconducts. Too many powerful oligarches has too much power on CB. Many were saying this prior to Glazyev has. He pretty much confirmed it for us.
But how could Putin with all the support he have in Russia , not put in jail the people that damage Russia economy?
Contrary to USA , Russia do not have a leadership in power that is totally arrogant and only in politics just to become millionaire.. they have real leaders who cares about its society.. it will have been very very easy for Putin to take the easy path and take bribes from the west..become multi billionaire and just allow americans to do as they please with Russia and have NATO military bases inside Russia..and avoid all the fighting with the west.
I do not understand how can Putin have so much power and popularity in Russia , the army is with him.. the FSB too.. and Russian citizens too are with Putin.. how difficult it could be for Putin to change the constitution and nationalize the Russian central bank.. It doesn't makes any sense that Putin risk a world war with the west and his own life too.. but at the same time do nothing about his central bank ..if it is true that is in bed with the west?
Do any of this make sense?
it will be very easy for Putin to get the control of the bank IF it was in bed of the west.. Pass any law he wanted..
i don't see a problem.. i only see a conflicting logic.. of fighting enemies outside and doing nothing with the enemies inside. Putin goes as far as to do a pact with his enemies Turkey with a pipeline, putting Russia economy in the first place . but inside he do nothing against a couple of civilians destroying his nation economy? there have to be a less conspirational side of the story.. other than Russia central bank is in bed with the american banks .. while putin fight externally the american banks domination with BRICS.
This fail all logic. i can't see any logic.. it will be like a policeman fighting crime on the streets.. defending innocents civilians.. but if the criminals enter his house ,he allows them to kill his family?
Thats something extremely insane to believe.. specially when the central bank leadership was put there by Putin and the Russian government.
Even if we could say.. ok the russian government and united party of Russia is against Putin.. But then you have Medvedev the leader of United party and the leader of so called pro west factions..visiting Crimea and supporting Putin actions in ukraine?.. is like as if there was 3 powers in Russia.. Putin.. United party of Russia with medvedev and the central bank.. But the bank directive is elected by the people in power ? do any of this make sense?>
i can't understand ..
it will be impossible with putin popularity and support of medvedev and duma who also welcomed Putin actions in Crimea.. to have a bank.. that neither Putin ,medvedev or the kremlin can control or force to be aligned with the will of Russian citizens..? This even become more ridiculous to believe (of a powerful Bank that putin cannot control) when Putin previously have arrested the more richest people in Russia.. who betrayed their nation and tried to damage its economy selling its energy to american companies.. so you can't neither say billionaires elites controls Russia or Putin..Because Putin have experience puting in jail the elite in Russia. is actually the other way.. the billionaires against Putin..that trying to sell the nation to the west.. LEFT the country and seek refuge in UK and Europe.. So all said.. nothing of this make sense from a logical point of view.
-For me makes sense to let the ruble to free float without intervention.. previous interventions cost billions and
helps nothing. only give an illusion of ruble improving abit but for a very small time .
-Its make complete sense that Russia government keep interest high and prefer companies to take their loans in the west. why? Because There is an economic war against Russia that began when the soviet union collapsed ,(to finish the job) and Russia expect a total trade blockade from the west.. So if the west blockade all trade with Russia..simply Russia don't pay their debts.
This is why Russian Government Pipelines the money they used to build them.. came from nothing less that the IMF.
If a major war start Russia will have US$ 800billions in savings for loans they will have not to pay for a long time until the war last if ever.
So you see is not as black and white the picture.. Its completely economically tactical to take loans from your
enemies.. so they later think twice before sabotaging your economy completely or else they are not paid..
the way i see it.. Putin strategy , its foreign policy..is clear that is highly focused
to take the maximum possible profits of any event or any situation whether is good or bad.. but also without ignoring security of Russia.so this is why you see Putin doing mayor pipelines deals with Turkey that is attacking their allies and even trying to tolerate Saudi arabia which finance terrorist in souther Russia. This is why they avoid war with Ukraine and even tolerate a few of their civilians killed in their own territory. as this is why it is said Russia have no friends.. because they can do business with India.. but if the can make a deal with pakistan safely without losing India they will do it too. Why he do major business with Turkey in one side.. but in the other fight their actions in Syria.. LOL But is not a contradiction .. simply Putin see everything in terms of economical cost.. versus humanitarian help. So they will continue helping Syria for humanitarian reasons ,including weapons .but will not send his army openly to not damage his economy.. The whole Oil price war.. im sure was already planned for a long time.. and the original plan by the west was to have Russian army officially invading and in the middle of a war with a another nation the more the better.. But they failed to lure Russian into a war with Turkey and Ukraine.. so this is why they will be able to more easily adjust to the sanctions of the west and oil prices. This is also why Russian Government media was claiming Putin warned USA to attack Saudi Arabia if they attack Syria.. Why Saudi Arabia? Because doing that will increase the price of oil to the heavens.. lol and at the same time force US to stop their attacks in Syria.. So watch Saudi Arabia.. and its oil fields..thats the first nation that ill be attacked if Russia goes to a war in middle east.