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The Central Bank Of Russia Is On The Defensive with Joseph Wang & Frances Coppola

Forward Guidance

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The Signaling That Russia Is a Pariah State

"What we just did here is the equivalent of a financial nuclear weapon," he says. "We basically confiscated Putin's money, like hundreds of billions of dollars of it." The signaling that it's sending really is that Russia is a pariah state, and we don't want to have anything to do with it".

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