The constant currency (index of the prices) owes really be constant, i.e. to have rate and unchangeable date
of readout. Only thus it is possible to name constant. Meet sometimes expression "in Constant Roubles or
Dollars of 1961, 1967 or 2003 Year".
"Has wandered" under the internet slightly before that as has decided to create a site, concerning themes of
Constant Rouble (CR). On "to Constant Roubles, Dollars or Sheikels" tried to find a mention about
unchangeable date of readout. Has not found. Can be badly searched.
Russia, in conditions high of inflation (Inf), is extremely necessary own stable financial gauge. It can become pure Russian a CONDITIONAL UNIT OF ACCOUNT (CUA) - CONSTANT ROUBLE (CR). Name of a CUA - CR speaks about of a constant buying power. It the rate is measured in roubles and is changed in conformity with rates of a Inflation (Inf). If the prices for some period will increase in 2 times, also rate of a CR will increase in 2 times (Some analogy to a rate of dollar). A Rate of a CR to manipulate more difficultly than level of a Inf.
The Rate of Constant Rouble is an INDEX of the PRICES (IP) - inflationary factor.
CR will be exacter than foreign exchanges (the dollars and euro) - to reflect real changes in Gross National
Income and in a standard of living.
In a CR it is possible:
- to measure real change of a buying power enclosed capital, i.e. real arrived or losses.
- to conclude the long-term contracts.
Final payments are made in roubles at a current rate of a CR, which automatically takes into account
inflationary changes. A CR it only CUA.
Definition (determination) of a rate of a CR. At definition (determination) of a Rate of a CR
the date of readout, which not is used varies with years. If the different economists count differently
level of a Inf and can each year. It is easy to manipulate this level, a rate of a CR to manipulate
more difficultly, because are present a technique its definitions (determination) and constant date
of readout
Long-term crediting. The Real Interest rates (RIR)
The contributions, loans, of the Interest Rates (IR) and Monthly Payments (MP) on them are fixed
in a CR. The IR in a CR also is a RIR. I.e. a MP in a CR will be made in roubles at the rate CR
at date of payment. CR - substitute of a zero Inf. And at a zero Inf to the investors and borrowers
many times over it is easier to agree upon a real IR at increase of terms of crediting, because disappears
problem of the Disputable Inflationary Forecast. The investors will receive real long-term
profit, having placed the contributions till a RIR. The borrowers to pay on real percent (interest).
A RIR will be lower Nominal IR, since RIR are cleared of a Inf. At long-term crediting a MP in a CR
will be in times it is less rouble a MP. The comparative table a MP is indicated.
2. Constant rouble will make (without the subsidies) the mortgage by more accessible (14 kb)
(basic hypothecary theme)
Application of a CR for decrease (reduction) of burden a MP under the credits at decrease (reduction)
of a IR and increase of terms crediting. Additional methods of increase of terms of crediting
3. A hyperinflation, default and corruption - backs state subsidiary of the mortgage (15 kb)
(addition to the basic hypothecary theme)
Important theme. Without tax reform will not be essential growth economy and standard of living, neither new housing accommodation, nor decision of housing problem.
The Parasitic Inflationary Taxes (PIT) "eat" enclosed in production the capitals: constant and turnaround, salary and pension. This theme is more important than the mortgage, since from anything is received anything.
An Example of a PIT for a Working capital (WC)
- Inf - 0 %: the Prices, the Cost Price (CP) and rate of a CR do not vary. The businessman
Somebody on 100 Millions Roubles (mr) has acquired components. They were not necessary, and in one
year he has reseiled them till a CP for the same 100 mrs. Profit or Added Cost (AC) - 0. The taxes - 0.
Losses - PIT - 0. Is possible at necessities to acquire new components.
- Inf - 100 %:The Prices, CP and rate of a CR for one year are doubled. In the beginning of year 100
mCRs = 100 mrs. In one year 100 mCRs = 200 mrs. Somebody reseils furnishing on a new CP, since the prices were
doubled, for 200 mrs, receives imaginary inflationary profit (or imaginary inflationary AC) - 100 mrs, pay
the taxes (from the imaginary profit?!) - 50 % - 50 mrs. He still has 150 mrs or 75 mCRs, on which it is
possible to acquire only 75% of components. Real losses - 25% real buying power of a WC. It also is a PIT for
a WC.
The indicated example of a PIT is equal half of ifference between a new real CP and old, indicated in tax
declarations. I.e. at a zero Inf of a PIT is not present in general, since. The CP does not vary. With growth
of a Inf the burden of a PIT grows also.
The Losses from a PIT somebody will transfer on the salary of the hired workers. If he will cover the business, the workers and their families, in general, will stay without a piece of bread.
From the indicated examples it is visible, that at a zero Inf of a PIT is not present in general. With growth of a Inf the burden of a PIT grows also.
Tax reform
The essence of tax reform - legislative fixing in the tax declaration of the Cost Price in a CR, that will
allow to get rid of a PIT and to make production favourable and fast growing. It:
- New jobs and decrease(reduction) of unemployment
- Essential growth of real wages and pensions
- Additional tax receipts at fast growing economy
- Decrease (reduction) of expenditures on public account on the unemployment benefits
- Etc.
5. In what the reason and paradox of the Unreal Interest rates? The Disputable Inflationary Forecast (10 kb)
7. Three formulas of account of fixed payments. What correct? (10 kb)
8. A conclusion of the formula of account of fixed payment (12 kb)
9. Optimum real estates: the size, term, interest, currency (19 kb)
The mortgage it simultaneously: and method of the decision of housing problem, and long-term servitude. I.e. it is desirable to begin from comparison of variants. Here 4 comparative tables with the interest rates 0; 1;... 18; 19 %/year and with terms of crediting 5, 10, 15, 20, 25, 27 and 30 years:
1 - Monthly Fixed Payments (MFP)
2 - Factors of Credit Status (FCS). With the help of a FCS it is possible to expect as the much as possible
allowable sums real estates
3 - Sum of a MFP for all term of crediting
4 - Sum of percents (interests) for all term of crediting
English pages. Main (7 kb)
Russian pages. Main (8 kb)
Russian analogue (10 kb)