We're not just going to see mid-sized banks go under in the next few months, we're going to see a whopper.

I don't think it's time yet to eliminate cash, but I propose having a less-cash society, not a cashless one.

It is vital for Russia to normalize relations with the rest of the world. You shouldn't isolate your economy

There has been a noticeable decline in the labor factor in all wealthy countries in the past 20 years. The rich are getting richer, but those at the lower end aren't moving ahead as quickly as the capitalists.

Russia exists in the context of open global economy and is a part of it

I tell my children that a man like Bill Gates has a personal fortune of $100 billion. They can't even comprehend that. Then I explain that he has more money than some countries.

We all use cash in our everyday life, but we don't use hundred-dollar bills. We're not using 500-euro notes. And yet these account for mountains of cash out there. I think they're being used in tax evasion and by criminals of all types.