Lukashenko Started Sharing Crazy Ideas With Russia

• 14.07.2025, 21:47

How a dictator taught a Russian governor about economics.

Prices should be fair. That's why we shouldn't regulate prices. Because it will not work anyway. But we should not regulate prices, but so that there are fair prices and no unfair prices. Lukashenko does not know what fair prices are, but he knows where to get them. It is necessary for Russia to introduce price regulation on the Belarusian model, writes planbmedia.io.

Fair prices were mentioned for some reason by Lukashenko at a meeting with the governor of St. Petersburg Alexander Beglov.

"As I tell our chief price maker, we don't need to regulate anything, we don't know how to do it, and it is impossible now in this chaos," he said. - People want justice."

And he almost didn't lie. And the authorities don't know how to regulate prices, and they don't succeed in doing it. But that doesn't mean they don't try. More than two years of price regulation have brought the country to a shortage of potatoes, cabbage and onions. They could have led to a shortage of other useful fruits and vegetables. But then the authorities got smart and allowed the import of these fruits and vegetables from unfriendly countries.

What is the price of justice, Lukashenko did not specify. Because he himself does not know. Although he has been trying to find out for two years. But he warned that the government will be in trouble if the government does not come up with fair prices for him.

"But I feel that with the change of the government after the elections, there started some pranks. I can see that. I have people writing to me every day. So get ready, you'll report to me on the price of justice," he said.

So far, however, the price of justice doesn't add up. Inflation in Belarus has accelerated to 7.3% for six months. At the same time, the potential of the Belarusian inflation was already about 12% at the end of the first quarter.

So in late June, the authorities backtracked, partially abolishing the partial liberalization of prices. Regulation of prices for meat and dairy products and confectionery was returned even in a stricter version than it was before the partial liberalization.

But there are nuances. As the history with potato deficit has shown, price control in Belarus is fraught with unpleasant surprises when there is a Russian market nearby. And there is no price control in the Russian market. Because it becomes more profitable to sell cheap Belarusian goods expensively in Russia. So, it turns out that Lukashenko remembered about price regulation at the meeting with the Russian governor.

"Now the main issue for us and Russia is justice. People are far from our economy. They don't need it. But they want justice. I am absolutely convinced that Russia will come to it. Whether we want it or not, we will have to create this justice," he said.

That is, Lukashenko suggested the Russian authorities to follow his example. To introduce price regulation on the Belarusian model. Because otherwise the Belarusian price control is fraught with all sorts of unpleasant shortages, while Belarusian inflation is trying to catch up and overtake the Russian one.