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image created with placeIt by breezi and AMPERGRAM

image created with placeIt by breezi and AMPERGRAM
image created with PlaceIt by Breezi and AMPERGRAM

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среда, 13 октября 2010 г.

Who gets an earnings from central bank reserves?


Central Bank reported that international reserves reached U.S. $ 500 billion. I see when in Norway, with a population three times smaller than in Moscow, almost the same. Plus - this is really a money which belong by citizens of Norway in terms of direct revenue. I understand that U.S. citizens can travel around the world with cash and plastic cards in US currency. And I do understand that these reserves of  Central Bank - it is not property of russians, because revenues  go only to the federal budget under the law. Therefore, most importantly, who is a beneficiary  Central Bank reserves.
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