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E84: Markets update, crypto collapse, Russia/Ukraine endgame, state of the podcast
All-In with Chamath, Jason, Sacks & Friedberg
The E U. Passes Lambmar Sanctions in May
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sanctions, all that sanctions were was a restriction on the free market. And when you restricted the free market, you basically created a spike in price. But the market, his market, could still operate with a narrower set of trading partners. Now we allowed oil to settle in currencies that are not just the united states dollar. That's not good for us. This is not how you preserve the aman reserve currency of america. If the e u. Wants to contain pootin from invading countries on their doorstep, they got to actually become energy anddependent. I don't understand the eew of cutting all their ene and then becoming dependent on russia,. Then creating a band
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