THE DAY IN HISTORY · JANUARY 2
January 2 in history
What happened on January 2: 1 moment from the Maps of History atlases, in 1992, each linked to the map that shows it.
— Russian price liberalisation
2 Jan 1992 — Yegor Gaidar’s government frees most retail prices at once. Goods return to the shops, but prices rise about 2,500% over the year and wipe out the savings that Soviet citizens had built up when there was little to buy.
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