Repudiation of debt at the Russian Revolution II, the last Emperor of Russia, was forced to sign his abdication and the end of the Russian Imperial Government and of the Romanov dynasty. The new government decided to continue the war, which meant more military spending. To increase budget revenues, a state monopoly was introduced on the sales of sugar, tea, matches, tobacco, and other consumer products. Still, the printing press remained the main source of revenues. This was a period of hyperinflation. The Provisional government was overthrown on October 24, 1917, and the Soviet government was created. The amounts of payments in default were enormous. Russian debt
History of the Russian Revolution three parts are available free online at the Trotsky Internet Archive or can be purchased as a single book published by Haymarket Books (), Pathfinder Press (), or Penguin Publishing (). The book can also be purchased in three volumes from WellRedBooks (). History of the Russian Revolution The History of the Russian Revolution by Leon Trotsky is a three-volume book on the Russian Revolution of 1917. Trotsky finished writing it in Russian in 1930 and was then translated into English by Max Eastman in 1932. The Russian Revolution of 1917 was a major event in history that changed the