EXPLAINED: How did banks work in the Soviet Union? | Infographics

The USSR provides a fascinating piece of history, but it’s never easy to know if you’re looking at the truth or a modified version of it. Even understanding the monetary system isn’t easy, as its government wasn’t too keen on exposing itself beyond the confines of its borders. But, as they say, people talk. And with that talk comes the truth. Historians called the revolution of February 1917 as the “unbloodiest revolution in human history,” but as Nicholas Poppe, a prominent Altaist from Saint Petersburg pointed out, “it soon turned into the most devastating as far as loss of human lives, property and cultural values were concerned.”