SMO is Special Military Operation, which is what the war is called by Russia. This is partially a reflection of Russian military law (peacetime units have all the stuff but not all the infantry, and the ability to mobilize roughly scales with the threat) and jokingly pushing back on the media always saying “full scale invasion”. In real life, i say “the Russian intervention in the Ukrainian Civil War” as often as i can.
Do the Nazis have a plan? Probably not a good one. That said, the negotiator in Istanbul was associated with the Zelensky government, and he was assassinated by Ukrainian neo-Nazis. Could they actually get the President? Maybe not, but at this point the Nazi militias have been integrated into the security services, so they might have inside information.
Way back in 2022, the official case for war included demilitarizing and denazifying Ukraine. Prior to the war, Ukraine had the second largest armed forces in Europe (after Russia), with over 500,000 men in the field. NATO/ the West is light on infantry and heavy on planes, spies, and bombs. Ukraine is only an attractive partner to the West when they have a large army.
For a decade up to the war, ethnic tensions in Ukraine were rising with CIA backing, and it explicitly targeted Russian speakers. The reality on the ground is that two provinces, Luhansk and Donetsk, formerly of Ukraine, are mostly Russian speaking. The language was banned in school and then in public, and there was regular artillery shelling of civilian centers. The Azov and other militias built up their influence there, not during this war. It’s less about Russia having a plan for after the war, and more that the security threat of Ukraine comes from how influential violently anti-Russian neo-Nazis are within the state. Ukraine is only an attractive partner to the West when they are ideologically anti-Russian.
Russia has tried several Nazi militia members taken as prisoners of war. i think they intend to kill or imprison as many as they can get, purely because it’s a material threat to their state. If the Ukrainian military is defeated and neo-Nazi hierarchy remains, NATO will support Ukrainian veterans becoming a decades-long terror threat
Most countries maintain a nominal split between fiscal and monetary policy (or however you want to describe it). Japan has the Bank of Japan and the Ministry of Finance, the EU has the Europe Central Bank and dozens of finance ministries, the UK has the Bank of England and the Treasury, China has the People’s Bank of China and the Ministry of Finance, and the USA has the Federal Reserve and the Treasury Department. The people in charge of the finance departments are appointed with different goals and objectives then those in monetary ones. The fact remains that these are all political agencies subject to political will. Central bankers are supposed to be “above politics”, because in liberal theory economics and politics are separate.
Trump represents a split in government and economic priorities from within Washington, compared to the past. i would argue that he also represents a factional squabble over profits and contracts within the USAmerican bourgeoisie. Trump calling for the Federal Reserve to do what exactly he wants to support a tariff policy most liberals (read USAmerican liberals and conservatives) think is stupid had Powell dragging his feet and saying no. China owns over 800 billion dollars of USAmerican debt/ dollars. A different situation could see them cooperate.
To give an example, the Plaza Accords of 1985 are mostly known for the effect of kneecapping a rising Japan. The actual agreement was for Europe and Japan to lower the value of the dollar, because they felt it was too high. The agreement did fix the trade deficit the US had with Europe. The dollar had appreciated after Volcker of the Federal Reserve raised rates, which created currency depreciation that led other countries to the negotiating table. When the Empire is at stake, both hands can work together just fine. If the various finance theorists and decision makers decide that some policy is necessary for containing China and maintaining US financial hegemony, Powell will call an emergency meeting on the spot.