In early 1992, prices skyrocketed throughout Russia, and a deep credit crunch shut down many industries and brought about a protracted depression. The reforms devastated the living standards of much of the population, especially the groups dependent on Soviet-era state subsidies and welfare programs. Through the 1990s, Russia's GDP fell by 50%, vast sectors of the economy were wiped out, inequality and unemployment grew dramatically, whilst incomes fell. Hyperinflation, caused by the Central Bank of Russia's loose monetary policy, wiped out many people's personal savings, and tens of millions of Russians were plunged into poverty.
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Yeltsin helped to channel the aspirations of Russian nationalism in ways that did not lead to clashes with the nationalisms of other national groups within the Soviet Union. As head of the Russian SFSR, he stressed the specific interests of the Russian republic within the broader Soviet Union. ... Over the course of his presidency, he made increasing concessions to right-wing ethnic Russian nationalism by expressing growing concern over the fate of ethnic Russians in neighboring countries.
Boris Yeltsin: President of the Russian Federation/Ideology (Wikipedia)