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In the ongoing sanctions against Russia, Andrey Bushkov, coordinator of the NOD Movement, has expressed his opposition to Russia keeping money in American treasuries. This statement was made during an interview with Dennis Adamov, the main editor of Yakutia.Info, in February 2018, during a picket in the center of Yakutsk.
Bushkov asserted that the funds, which were frozen in 2022, should have been returned to Russia at the time of freezing. He views these assets as a form of security or leverage, but he is critical of the action taken by Western countries to freeze $300 billion in Russia's foreign currency reserves. He sees this move as illegal and hostile, reinforcing his stance that relying on Western-controlled financial systems carries significant risks.
Interestingly, Bushkov does not advocate for the Russian authorities to withdraw these funds and invest them in the Russian economy. Instead, he states that according to the occupation Constitution, all power in Russia belongs to the US State Department, and as a result, the Russian authorities are obliged to keep money in American funds because the Central Bank belongs to the US Federal Reserve.
The NOD Movement, under Bushkov's leadership, continues to fight for sovereignty, not for full power. Bushkov emphasizes that Gorbachev's decrees are not effective in today's context. The Movement has not yet announced any specific protest actions regarding the frozen funds.
It's important to note that this interview does not provide any new information about the Central Bank or the US Federal Reserve's control over the Russian economy. Nor does it mention any specific investment in the Russian economy by Bushkov during the interview.
The interest from the frozen $300 billion is being used to support the Armed Forces of Ukraine. However, no information was provided about any actions taken by Bushkov or Putin regarding the funds in question after the interview. The statement by Andrey Bushkov does not indicate any actions taken by Vladimir Putin regarding the frozen funds.
This statement by Andrey Bushkov serves as a reminder of the ongoing geopolitical tensions and the risks associated with Russia's reliance on Western-controlled financial systems. The NOD Movement's opposition to Russia keeping money in foreign treasuries continues from the previous statements made by Andrey Bushkov in 2018. The dialogue between Dennis Adamov and Andrey Bushkov was an excerpt from a larger interview, and the statement does not mention any other news sources or platforms apart from the ones mentioned earlier (Yakutia.Info, Telegram, VKontakte, Classmates, WhatsApp, Twitter).
In the context of ongoing war-and-conflicts and general news, Andrey Bushkov, a leading figure in the NOD Movement, has once again expressed his disapproval of Russia's financial connections with Western countries, specifically the US, following his 2018 statements. He criticizes the freezing of $300 billion in Russia's foreign currency reserves as illegal and hostile, highlighting the risks of relying on Western-controlled financial systems. Despite his opposition to the current situation, Bushkov has not proposed any specific actions or investments for the Russian economy regarding the frozen funds.
