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November 1992, from a conversation at the gas station: 'I'm 40 liters, crying 'Borka'

Russia, 1990-e years – the disintegration of economic ties, the chain of defaults, the salary is not paid for 2-3 months. Barter transactions between enterprises still somehow prolong the agony of the Economics of offsets, but extraordinary measures were required already on the level of local state government.
August 29, 1992, the Governor of Nizhny Novgorod region Boris Nemtsov conducted through the regional Council of people's deputies decision No. 176-m to issue bonds of the regional loan, thus before the issue was placed not only fiscal goals. In circulation through the channels of the regional budget has launched a new instrument – 'consumer t-bill', designed to fill the shortage of cash in the field and, in particular, to Finance the repayment of wage arrears.
'Consumer Treasury card is freely convertible and accepted all types of payments on the territory of Nizhny Novgorod region' - the solution to the problem of cash deficit suggested Boris Nemtsov.
As for 'incredulous' on the bills was written that this hybrid regional bonds and Treasury regional ticket 'is provided for all (!) property, in regional and municipal property of Nizhny Novgorod region, according to the law of the RSFSR 'On property in the RSFSR'.
Moreover, on the bills was written that 'the authorities of the Nizhny Novgorod region provide the consumer acceptance of Treasury bills in all payments (!) all enterprises and institutions (!) at face value (!)' - why not, Nizhny Novgorod full of money, the issuance of which is independent of the Central Bank of Russia?
Notes 50, 100, 500, 1000, 5 000 and 10 000 rubles for the Perm factory Gosznak printed quickly: series, number, micro-printing – all grown-up.
Area managers are already trying on the role of the leaders of the emission center, so the Central Bank time came around and the funds to cover deficits in salary Nizhny Novgorod all-taki have allocated.
And then the fun begins, almost – Stanislavsky: if hanging on the stage, the gun definitely shoots, that Nemtsov was something like - if the money is printed, how to resist the temptation somehow to use them?
Used: administration of the resolution No. 235 of 27 October 1992, were allowed to use printed Treasury notes drivers to pay for car fuel at gas station, and – all drivers regardless of the type of ownership.
Money moved in a circle: Association 'Nizhnenovgorodnefteproduct' received a loan from region 1 billion rubles – the enterprises of motor transport in the credit score received cash new money – the drivers were paid the money at the pump for fuel – filling stations were back to their Association in payment for the delivered gas.
'Nemcova', 'efimkov', 'Borka' - has been called sharp-tongued drivers Nizhny Novgorod Treasury notes, and because each bill had its own denomination, it was not traditional coupons for gasoline in liters.
To write on the 'Nimzovich' that they accepted 'at face value' - you can, to convince drivers of autos to sell to private traders at a discount for half of face value! - on account of savings/unrecorded gasoline was much harder.
Surrogate gasoline 'Borka' was like in the Nizhny Novgorod region for 3 months – until February 1, 1993, the Experiment officially ended, the cash balance was ordered to destroy – but the bill of 500 rubles series TN No. 2971552 escaped this fate.

500 рублей 1992 г. Немцовка.

500 рублей 1992 г.

Country : Российская Федерация
Value : 500 рубль
Year : 1992
Quantity :
Issuer :
Series :
Valid from :
Valid till :
Cancelled :
Alexander R.

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