Russia had produced outstanding talent in engineering, literature, art, medicine, and even the fundamental sciences.
But economics was the one area where it truly had little research...
Otherwise, with the assets it had inherited and the efforts of its leadership to promote economic development, its national economy should have developed quite well.
So why had it never truly become prosperous? Even during those dozen or so years of rapid economic growth, it had merely benefited from soaring international energy prices.
Its real economy had always been weak. Aside from oil and natural gas, it did not have a single pillar industry worth mentioning.
At the root of it all, the entire country simply could not produce an economic expert.
Or rather, there was no one in the upper ranks of politics who truly understood economics!
The committee members present obviously knew that Chairman Mikhail was a genuine business tycoon. His understanding of economics was far beyond anything they could compare to.
When he asked that question, he probably had not actually expected them to answer. It was merely meant to lead into what came next.
So no one dared step forward to make a fool of themselves by showing off a few remarks. Everyone remained silent and waited for Wang Ye to continue.
Wang Ye looked around. Seeing that no one spoke, he continued.
"Economics is complicated, but it can also be very simple.
"In my understanding, if we want to promote prosperity and development across every sector of society, the first and most important thing is to get money circulating!
"There is a story.
"There was a small city, relatively remote and underdeveloped. Its economy was poor, and life was not easy for its residents.
"One day, a businessman from out of town passed through the city. Planning to