Analyzing Bitcoin w/ Sam Callahan
Bitcoin Magazine Podcast
00:00
US Sanctions Against the Rest of the World
The economic sanctions and the seizure of Russian FX reserves, you know, I feel like it was kind of a knee jerk reaction. This really feels like it's turning into a US sanctions versus the rest of the world argument. Iran alone has over 150 billion barrels of oil for context. So that's a significant amount of oil that Iran just has that it can introduce to the market. All that has to happen is sanctions go away and oil prices go down,. cost of gas and electricity goes down.
Transcript
Play full episode
