"After making friends with high-ranking Soviet officials, we opened banks in major cities in the Soviet Union, and then we attracted deposits with high interest rates. Well, the savings interest rates of state-owned banks in the Soviet Union are not high at present. Our bank can attract deposits with interest rates that are one, two, three, or five times higher than those of Soviet state-owned banks. I don't care what method you use, the main task of our bank in those cities is to attract large deposits, the more deposits the better. Of course, high interest rates are also conditional, that is, if depositors want to get high interest rates in our bank, they must deposit for three years. In other words, as long as a Soviet depositor deposits for three years in our bank, he can get five times the interest of the Soviet state-owned bank."

"Boss, your request is not difficult to accomplish. High interest rates are the best way to attract deposits. Let alone five times the interest rate of Soviet state-owned banks, even if it is twice as high as the interest rate of Soviet state-owned banks, I have the confidence to attract all Soviet people to deposit in our bank! If we use two, three, or even five times the interest rate to attract deposits, we will not make any money at all and may even lose money."

"Haha, you don't have to worry about that. Since I dare to attract deposits with high interest rates, I am naturally not afraid of losing money. Moreover, how can we lose money? My requirement is to attract deposits as quickly as possible. The faster and the larger the amount, the better. Moreover, the rubles we get from attracting deposits must be quickly converted into US dollars. Our bank does not keep rubles."

Upon hearing this, a light suddenly flashed in Niam's mind, and he immediately understood why the boss did this.

"Boss, do you mean that there is a high possibility that the ruble will plummet within three years?"

"Bingo!" Yang Jing nodded with satisfaction. Being able to understand the core of the plan so quickly, Niamh is indeed a financial elite.

In fact, the second part of the Vantaa Plan, which was to empty the Soviet Union's wealth accumulated over more than 70 years, amounting to 27.5 trillion US dollars, used this method.

Before the collapse of the Soviet Union, thanks to the "reforms" of senior Soviet officials like Yakovlev who advocated Western liberalization and privatization, the Soviet Union allowed foreign banks to open banks in the Soviet Union. Then Western countries, led by the United States, sent their agents to the Soviet Union, and then opened banks in major cities of the Soviet Union, and attracted deposits with high interest rates several times higher than those of Soviet state-owned banks.

At that time, how could the Soviet people know that the ruble, which had always been strong, would plummet? So under the temptation of high interest rates, not only did the Soviet people withdraw their money from state-owned banks and deposit it in foreign banks, but even the funds of many Soviet departments were secretly deposited in these foreign banks to obtain high interest rates.

If the Soviet Union had not collapsed and the ruble had not plummeted, these foreign banks would have been seeking death by doing this.

However, the Vanta plan was almost a perfect plan. Just after these foreign banks frantically attracted deposits and converted these deposits into US dollars through those bribed Soviet officials, Vanta launched a financial operation to suppress the ruble.

Before the collapse of the Soviet Union, the official exchange rate of the ruble was suppressed three times, but this was far from the end. When the Soviet Union collapsed and Yeltsin succeeded Gorbachev as the second president of Russia, the whole of Russia began a thorough privatization and liberalization reform. Then Western countries "cooperated" with Yeltsin's reforms and strongly suppressed the ruble, which eventually led to the ruble's collapse. From 1 US dollar to 1.8 rubles, it plummeted to 1 US dollar to tens of thousands of rubles...

At that time, the ruble was not as valuable as waste paper!

At this time, those foreign banks that used to attract deposits with high interest rates can happily return the devalued rubles to the depositors.

For example, a British bank opened its own bank in the Soviet Union at the end of 1990, and then used high interest to attract 10 billion rubles in deposits before the ruble plummeted in October 1991. According to the exchange rate at the time, the 10 billion rubles could be exchanged for about 16 billion US dollars, so the British bank exchanged these rubles for 16 billion US dollars according to the official exchange rate through bribed Soviet officials!

Because those depositors had three-year or even longer fixed deposits, they couldn't withdraw their deposits in advance. But when the ruble plummeted to tens of thousands of rubles per dollar, their deposits matured, so they could only get tens of thousands of rubles worth less than one dollar from this British bank!

At that time, ordinary Soviet people had 30,000 rubles, which was worth about 50,000 US dollars. But three years later, the ruble that was worth 50,000 US dollars is now only worth one US dollar!

If there was only one British bank in the Soviet Union, it would be fine, but how many "shell banks" like this were there in the Soviet Union at the time? Hundreds or thousands?

With so many banks working together, not to mention the Soviet Union, even the United States would have to fall to its knees!

This is the cruelty of the second part of the Wanta Plan!

The wealth accumulated by the Soviet Union over more than 70 years, amounting to 27.5 trillion US dollars, was transferred to the United States and other Western countries in this way!