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This book sheds light on the Soviet economic system, which claimed the eventual abolition of money, collapsed following a monetary turmoil. It argues that the cause of the economic collapse was embedded in the design of the economic system. The Soviet economic system restricted the market, but continued to use fiat money. Consequently, it faced the question for which no feasible answer seemed to exist: how to manage fiat money without data and information generated by the market? Using Soviet data newly available from the archives, the book evaluates the performance of the components of monetary management mechanism, discovers the continuous accumulation of open and secret government debts, and quantitatively analyzes the relationship between economic growth and the money supply to support the argument. The book concludes that the Soviet economic collapse marked the end of the long history of Soviet monetary mismanagement.

Monetary policy --- Soviet Union --- Economic policy --- Economic conditions --- Советский Союз --- Ber. ha-M. --- Zwia̦zek Socjalistycznych Republik Radzieckich --- Szovjetunió --- TSRS --- Tarybų Socialistinių Respublikų Sąjunga --- SRSR --- Soi︠u︡z Radi︠a︡nsʹkykh Sot︠s︡ialistychnykh Respublik --- SSSR --- Soi︠u︡z Sovetskikh Sot︠s︡ialisticheskikh Respublik --- UdSSR --- Shūravī --- Ittiḥād-i Jamāhīr-i Ishtirākīyah-i Shūrāʼīyah --- Russia (1923- U.S.S.R.) --- Sovetskiy Soyuz --- Soyuz SSR --- Sovetskiĭ Soi︠u︡z --- Soi︠u︡z SSR --- Uni Sovjet --- Union of Soviet Socialist Republics --- USSR --- SSṚM --- Sovetakan Sotsʻialistakan Ṛespublikaneri Miutʻyun --- SSHM --- Sovetakan Sotsʻialistakan Hanrapetutʻyunneri Miutʻyun --- URSS --- Unión de Repúblicas Socialistas Soviéticas --- Berit ha-Moʻatsot --- Rusyah --- Ittiḥād al-Sūfiyītī --- Rusiyah --- Rusland --- Soṿet-Rusland --- Uni Soviet --- Union soviétique --- Zȯvlȯlt Kholboot Uls --- Związek Radziecki --- ESSD --- Sahaphāp Sōwīat --- KhSHM --- SSR Kavširi --- Russland --- SNTL --- PSRS --- Su-lien --- Sobhieṭ Ẏuniẏana --- FSSR --- Unione Sovietica --- Ittiḥād-i Shūravī --- Soviyat Yūniyan --- Economic theory. --- Macroeconomics. --- International economics. --- Economic history. --- Asia --- Economics. --- International Economics. --- Economic Theory/Quantitative Economics/Mathematical Methods. --- Asian Economics. --- Macroeconomics/Monetary Economics//Financial Economics. --- Economic Systems. --- Economic History. --- Economic conditions. --- Russian S.F.S.R. --- Asia-Economic conditions. --- Political Economy/Economic Systems. --- Economic theory --- Political economy --- Social sciences --- Economic man --- Economics --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- International relations --- Economic sanctions --- History, Economic --- Asia—Economic conditions. --- Economic policy. --- Economic nationalism --- Economic planning --- National planning --- State planning --- Planning --- National security --- Social policy --- 1900-1999 --- Soviet Union. --- Ittiḥād al-Sūfiyīt --- Ittiḥād-i Shūrav --- Russia --- Shūrav --- Soi͡uz Radi͡ansʹkykh Sot͡sialistychnykh Respublik --- Soi͡uz Sovetskikh Sot͡sialisticheskikh Respublik --- Soi͡uz SSR --- Sovetskiĭ Soi͡uz --- Szovjetuni --- ZSRR --- ZSRS --- Związek Socjalistycznych Republik Radzieckich --- Związek Socjalistycznych Republik Sowieckich