Joseph Stalin did this too.
The government was short on money, and Uncle Joe called in the head of the national bank. “How much money is in all your accounts?” he asked. When he was told the answer, he said “OK, hand over one-third of it to the government by the end of the day.” Simple. Every depositor in the land lost 1/3 of his savings instantly.
I don’t think the Russian banking system has recovered to this day.
“...The government was short on money, and Uncle Joe called in the head of the national bank. “How much money is in all your accounts?” he asked. When he was told the answer, he said “OK, hand over one-third of it to the government by the end of the day.” Simple. Every depositor in the land lost 1/3 of his savings instantly....”
Communists disregard individual liberties and earned assets when it comes to their collective utopia as your post shows.
Communists are also all alike. The communists here in the USSA will do the same thing shortly. They will confiscate all private wealth to support the collective. Now you know why they want the guns. It’s not a criminal thing, it’s a control thing. They drape themselves in our flag while they stab us in the back every chance they get.
He did much worse - 100% haircut. The scenario was: he told every farmer to hand over all his land and lifestock to a cooperative in exchange for a job there or go to a penal servitude camp (without the belongings, of course).
Silly Russians. They deposit their money in Cyprus expecting the rule of law to govern the EU.