How Crimea Was Transferred to Ukraine, Soviet Gold Standard and Khrushchev’s Folly

Great analysis and info! This explains everything:

“In his urge to undo everything that reminded him of Stalin, Khrushchev also eliminated the one thing that kept USSR fully independent of the Western financial system: Soviet gold standard – the alternative system that made USSR impenetrable to financial manipulation. It was for this reason that when the inflation hit the West, in the USSR prices continued going down, while the country was actually experiencing tremendous post-war boom!

Khrushchev agreed to trade internationally in dollars, which destroyed the carefully built system and eventually weakened the USSR’s global bargaining positions, leading to future loss of reputation, clout and eventual disintegration. That act by Khrushchev, together with the Central Committee of the Communist Party, continued later by Brezhnev (perhaps because he was ill-advised, or because it was simply too late to turn back), set the stage for the relentless takeover of the world by the dollar, and later, petrodollar. When the USSR simply surrendered its positions, there was no financial alternative or counterweight left. The result is the grave global imbalance we are observing today.”

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LADA’S FOREWORD

Dear readers,

Our friend Stanislav has generously shared his own, very thorough translation of a new Russian article concerning historic facts related to the 1954 illegal transfer of Crimea to the Ukrainian Soviet Socialist Republic and some real Soviet documents of that era.

Both Stanislav and I are well familiar with the whole story, having grown up in those parts. We now live in different countries of the West, and because of that, we fully realize how confusing it may be for foreigners, especially for Westerners, to sift through all the propaganda and deliberate distortions you all are being fed when it comes to Russia, Ukraine, Crimea and Eurasia. I know how difficult it is for honest truth seekers to sift through an avalanche of lies and hoaxes. Some of these lies, sensationalist hoaxes and distortions are very sexy and tempting to believe in — if you don’t know the…

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