The Fall of the Soviet Union: Why the Superpower Collapsed — Fexingo History
In this episode of The Fall of the Soviet Union, Lucas and Luna explore the collapse of the Soviet ruble — the currency that mirrored the empire's final agonies. They trace the ruble's journey from a symbol of state power to a worthless scrap of paper, examining hyperinflation, the 1991 Pavlovian confiscation, the rise of barter and the black market, and the tragicomic moment when a loaf of bread cost more than a Soviet salary. Along the way, they meet the forgotten economist Grigory Yavlinsky, who proposed a '500 Days' plan to save the economy, and learn how the Central Bank of Russia printed rubles faster than workers could spend them. This is a story of numbers, but also of human desperation — the pensioners who watched their life savings evaporate, the factory workers paid in wheelbarrows of cash, and the new rich who bought state assets for a song. It is also a story of the ruble's afterlife: how it still circulates in unrecognized republics and souvenir shops, a ghost currency of a vanished world. The episode includes a brief listener-support appeal tied to the theme of value and devaluation. #SovietRuble #Hyperinflation #GrigoryYavlinsky #500DaysPlan #PavlovReform #CentralBankOfRussia #BarterEconomy #BlackMarket #1991SovietUnion #EconomicCollapse #MikhailGorbachev #BorisYeltsin #Gosbank #NewRussians #Privatization #History #FexingoHistory #EasternEurope Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]
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