Open AccessTHE MATERIALCOLLATERAL PRINCIPLE OF GENERATING INVESTMENT FUNDS
Author(s) -
SERGEI N. RYABUKHIN,
AUTHOR_ID,
MIKHAIL A. MINCHENKOV,
Vera V. Vodyanova,
MAXIM P. ZAPLETIN,
AUTHOR_ID,
AUTHOR_ID,
AUTHOR_ID
Publication year - 2021
Publication title -
naučnye trudy volʹnogo èkonomičeskogo obŝestva rossii
Language(s) - English
Resource type - Journals
ISSN - 2072-2060
DOI - 10.38197/2072-2060-2021-231-5-227-237
Subject(s) - financial instrument , collateral , investment (military) , business , digital currency , commodity , product (mathematics) , finance , currency , economics , financial system , commerce , monetary economics , geometry , mathematics , politics , political science , law
The article is dedicated to digital financial instruments and contradictions appearing in the process of their creation. On the one hand, this is a progressive form of the monetary and financial system development. On the other hand, traditional approaches to the creation of such instruments are virtual, which makes the finished product isolated from the real economy and gives it a speculative character. The authors propose to create a new digital financial instrument «calculated gold», which, firstly, has real pledged collateral, and secondly, allows to generate long and cheap investment funds. New financial instrument «calculated gold» makes it possible to expand gold and foreign exchange reserves due to of a group of dual goods and create commodity and currency reserves, which would allow to launch the internal investment circuit of the national financial system.