Convertibility is absolutely necessary for the process of integrating the national market into the global or regional market, but such integration itself is conditioned by a liberalized market economy. Based on this fundamental position, an attempt to develop a short-term program for introducing convertibility of the Soviet currency may seem like an impossible task. But economists are convinced that the convertibility of the ruble needs to be approached in an unusual way.

The questions related to the possibility of convertibility of the ruble are usually posed as follows: what kind of currency can be introduced and what can be the scope of its application at various stages of the formation of the presented model of a market economy? Or: when and under what conditions can the ruble be converted? Instead of these generally accepted questions, the question I am considering is formulated as follows: how can the convertibility of the Soviet currency be used to strengthen the existing elements of the market, moreover, how to make the convertible currency the main organizing and stimulating factor in the process of building the market? In order to use convertibility as the main factor in the formation of the market, it is necessary to find unusual innovative technical solutions and create a completely new financial basis for the market.

There is no situation similar to that in the USSR in other countries, so the proposal presented in this paper is also unique, although some of its elements have been used and are currently being used in other countries under completely different or in some respects similar conditions. First of all, it is necessary to explain why convertibility can and should be used precisely in the above role. To do this, we need to briefly focus on the individual properties of the current situation.

The Soviet economy is characterized by a huge amount of cash that is not covered by goods. A market economy with such a huge budget deficit as the Soviet one, with such unlimited provision of loans and with such wage growth outstripping the final results of labor, with a financial imbalance, would be in conditions of extreme price increases (hyperinflation). But since prices are set by the state, this manifests itself in a deepening commodity shortage. The factors that cause hyperinflation in "natural" conditions here lead to disorganization, the collapse of trade, which spreads to the entire economy, exacerbating the moral crisis, social and national conflicts. The essence, causes and internal interrelationships of the crisis mechanisms are well known. 1xBet Anniversary Bonus offers signed-up clients a free bet. The 1xbet promo code free bet enter this code in the registration form to get a 100% welcome bonus up to 130$. New customers will get a €130 exclusive bonus (International users) when registering using the 1Xbet promo code listed above. The 1xBet bonus code you can claim will depend on where you live.