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<article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:ali="http://www.niso.org/schemas/ali/1.0/" article-type="research-article" dtd-version="1.2" xml:lang="en"><front><journal-meta><journal-id journal-id-type="publisher-id">RUDN Journal of Sociology</journal-id><journal-title-group><journal-title xml:lang="en">RUDN Journal of Sociology</journal-title><trans-title-group xml:lang="ru"><trans-title>Вестник Российского университета дружбы народов. Серия: Социология</trans-title></trans-title-group></journal-title-group><issn publication-format="print">2313-2272</issn><issn publication-format="electronic">2408-8897</issn><publisher><publisher-name xml:lang="en">Peoples’ Friendship University of Russia named after Patrice Lumamba</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="publisher-id">6265</article-id><article-categories><subj-group subj-group-type="toc-heading" xml:lang="en"><subject>Articles</subject></subj-group><subj-group subj-group-type="toc-heading" xml:lang="ru"><subject>Статьи</subject></subj-group><subj-group subj-group-type="article-type"><subject>Research Article</subject></subj-group></article-categories><title-group><article-title xml:lang="en">The role of gold in ensuring the monetary stability of financial system</article-title><trans-title-group xml:lang="ru"><trans-title>Роль золота в обеспечении монетарной стабильности финансовой системы</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author"><name-alternatives><name xml:lang="en"><surname>Rubtsov</surname><given-names>N N</given-names></name><name xml:lang="ru"><surname>Рубцов</surname><given-names>Николай Николаевич</given-names></name></name-alternatives><email>intertechnolodgyfund@gmail.com</email><xref ref-type="aff" rid="aff1"/></contrib></contrib-group><aff-alternatives id="aff1"><aff><institution xml:lang="en">“Inter Technology” Company</institution></aff><aff><institution xml:lang="ru">Компания «Интер Технолоджи»</institution></aff></aff-alternatives><pub-date date-type="pub" iso-8601-date="2014-03-15" publication-format="electronic"><day>15</day><month>03</month><year>2014</year></pub-date><issue>3</issue><issue-title xml:lang="en">NO3 (2014)</issue-title><issue-title xml:lang="ru">№3 (2014)</issue-title><fpage>121</fpage><lpage>134</lpage><history><date date-type="received" iso-8601-date="2016-09-07"><day>07</day><month>09</month><year>2016</year></date></history><permissions><copyright-statement xml:lang="en">Copyright ©; 2016, Sociology</copyright-statement><copyright-statement xml:lang="ru">Copyright ©; 2016, Социология</copyright-statement><copyright-year>2016</copyright-year><copyright-holder xml:lang="en">Sociology</copyright-holder><copyright-holder xml:lang="ru">Социология</copyright-holder><ali:free_to_read xmlns:ali="http://www.niso.org/schemas/ali/1.0/"/></permissions><self-uri xlink:href="https://journals.rudn.ru/sociology/article/view/6265">https://journals.rudn.ru/sociology/article/view/6265</self-uri><abstract xml:lang="en">The central problem of the modern financial system is finding a mechanism for its stabilization and overcoming its imbalance and constant commitment to systemic risks. The author believes the solution of this problem lies in the fundamental change of the generating matrix of the modern financial system based on debt and multiple levels of debt derivative liquidity. The article shows that the restoration of the monetary status of gold can become the most powerful stabilizing factor for financial system and lead to productive solution of the problem of progressive and balanced economic development.</abstract><trans-abstract xml:lang="ru">Центральная проблема, стоящая перед современной финансовой системой, заключается в обретении механизма ее стабилизации, преодолении постоянной неустойчивости и приверженности системным рискам. Решение этой проблемы лежит на путях коренного изменения порождающей матрицы современной финансовой системы, основанной на долге и построенных на нем многообразных уровней деривативной ликвидности. В статье показано, что восстановление золота в его монетарном качестве ведет к обретению финансовой системой мощнейшего стабилизирующего фактора и позволяет подойти к продуктивному решению проблемы сбалансированного поступательного развития экономики.</trans-abstract><kwd-group xml:lang="en"><kwd>financial system</kwd><kwd>debt</kwd><kwd>gold</kwd><kwd>gold standard</kwd><kwd>monetary and financial stability</kwd></kwd-group><kwd-group xml:lang="ru"><kwd>финансовая система</kwd><kwd>долг</kwd><kwd>золото</kwd><kwd>золотой стандарт</kwd><kwd>монетарная и финансовая стабильность</kwd></kwd-group></article-meta></front><body></body><back><ref-list><ref id="B1"><label>1.</label><mixed-citation>URL: http://www.pimco.com/EN/Insights/Pages/Tuesday-Never-Comes.ASPX.</mixed-citation></ref><ref id="B2"><label>2.</label><mixed-citation>URL: http://www.usagold.com/gildedopinion/greenspan-gold-2000.html.</mixed-citation></ref><ref id="B3"><label>3.</label><mixed-citation>URL: http://www.321gold.com/fed/greenspan/1966.html.</mixed-citation></ref><ref id="B4"><label>4.</label><mixed-citation>URL: http://www.youtube.com/watch?v=z5MVsm2cpc0.</mixed-citation></ref><ref id="B5"><label>5.</label><mixed-citation>URL: http://www.financialsense.com/contributors/detlev-schlichter/abandoning-gold-standard-central-planning-chaos.</mixed-citation></ref><ref id="B6"><label>6.</label><mixed-citation>URL: http://www.lewrockwell.com/orig12/buffett1.1.1.html.</mixed-citation></ref><ref id="B7"><label>7.</label><mixed-citation>URL: http://www.gold-eagle.com/gold_digest_08/fekete021910.html.</mixed-citation></ref><ref id="B8"><label>8.</label><mixed-citation>Jastram R.W. 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