russian september march soviet official russian banker following dissolution soviet_union born city moscow began political career later head appointed post chairman later minister finance second government went succeed head government newly established post prime minister soviet_union prime minister january august initiated soviet monetary reform commonly referred reform early early told media reform initiated halt flow soviet transported soviet_union abroad ridiculed time statement later proven true june year called transfer power president soviet_union prime minister failed joined plot august participated soviet coup état attempt tried prevent soviet_union arrested involvement coup went work banking sector post soviet russia succeeded premier early life career born moscow september graduated started bureaucratic career government economist started working official member communist_party soviet_union early career worked socialist republic started working member board held office head department oversaw aspects country planned economy served deputy minister finance ministry january august appointed chairman august retained post june period later minister finance supported price reform proposal chairman succeeded minister finance government time post considered deputy chairman elected post chairman advocacy backed plans centrally administered price reform minister government member soviet foreign minister nominee second government overwhelmingly elected soviet_union minister finance supportive soviet economy having overseen rapid increase soviet money supply increase inflation caused set exchange rate american dollar soviet black market admitted tenure minister finance later prime minister western banks creditors lying soviet_union gold reserves gathered information errors future soviet premier russian premier weaken position deputy premier relations grew soviet premier prime minister following resignation second government elected new position prime minister compromise candidate chairman deputy prime ministers approved soviet_union january approval majority ministers followed weeks considered conservative election prime minister soviet press described bold complex man believed soviet_union oppressive workers advanced capitalist societies actions prime minister headquarters moscow headquarters strengthen position monetary reform soviet monetary reform commonly referred reform monetary reform prior dissolution soviet_union initiated january intended withdraw money circulation production consumer goods short supply speech stated reason withdrawal government belief money sent soviet_union abroad inflation ridiculed soviet press time years later truth statement verified signed presidential decree ordering soviet financial system stop accepting exchanging issued directive included issued january government began restricting monthly bank deposit official explanation freeze income corrupt officials criminals orders government freed percent prices january introduced sales tax prices consumer goods particular considered free sense negotiation possible producers distributor according book rise fall soviet economy economic history ussr reform undermined failed follow orders widespread existence local tended definition luxury goods result imposed higher prices items soviet citizens days january exchange old new currency exchange postponed specialised government commissions short exchange window long formed soviet savings banks possible exchange money post offices reform dealt blow soviet citizens saved money fast exchanged lost overnight end reform proved unsuccessful government managed withdraw billion circulation country money supply intended target billion result reform end inflation prices items including food transport rose percent soviet standard living decreased sharply state budget deficit increased estimated percent aftermath reform inflation exceeded percent mark month coup attempt june discovered planned replace prime minister response arrived soviet_union visibly nervous report forced tell delegates state soviet economy blamed ongoing war laws soviet_union socialist republic argued resolved introducing state emergency entire soviet_union certain economic sectors according union problems remained long retained power limited time address important issues break called transfer power president soviet_union prime minister creating point resolution end legislature consider received support idea parliamentary faction leader called immediate vote issue members demanded statement comment proposal retrospect notes resolution coup état consulted earlier according historian program directed afternoon majority members favoured immediate vote chairman soviet_union departed constitutional negotiations promised tell vote place stood reformer trust tried stall vote demanding statement according mood vote taken won time soviet secret police military establishment general wanted strengthen authority supported program vote able increase powers gave institution right legislative initiative shortly united_states ambassador soviet_union told possibility coup attempt soviet leader worried informed mysterious troop movements outside moscow june days speech addressed told delegates differences opinion able secure position power system succeeded getting enhanced powers previously given reversed power struggle promising minister defence chairman removed posts following signing ratification august coup soviet coup état attempt commonly referred prompted slow soviet_union resulted reform policy drive independent russia prepared called power weakened government hold economy received draft august meeting managed published moscow news august opposing stance taken treaty key players establishment august inclusion committee demonstrate revert policies committee main goal ensure soviet_union continued highly union state led vice president soviet_union interior minister defence minister determined action chairman told coup august day began asked meet moscow august conspirators appeared live television told soviet people day wore soon apparent drinking issued contradictory orders repeated retrospect admitted drinking son day day fellow decided sending wife took care arrested following collapse coup shortly hospitalised whilst remaining custody released bail january granted amnesty later life death release custody director commercial bank resigned request bank informed decided provide indefinite leave absence february shortly resignation bank license revoked violating banking laws set worked advisor vice president american firm worked vice president later headed department died moscow march buried april cemetery decorations order labour order badge honour
Valentin Pavlov