There was a bright future and the underlying commodity that was being traded were actually privatization vouchers. It was and always is interesting to me. How do you privatize the state owned economy? They issued every citizen a privatization voucher. Now they had to be aggregated because in practice you can't have a million citizens showing up with one voucher. So there was a market in these. (05:12–05:16)
CLAIM
Asserts that every citizen in Russia was issued a privatization voucher during the post-Soviet transition.
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