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The Central Bank Of Russia Is On The Defensive with Joseph Wang & Frances Coppola
Forward Guidance
Russia Related Captive Directive: A Foreign Guidance Issue
The only sanction I know of its life at the moment is actually the one applied by the United Kingdom on VTV, which sanctioned it with immediate effect. So all of this panic literally has just been for guidance. It's just been expectations. It's all smoke. That's what you get central banks become politicians. The tools of central banks like this really can suddenly become weapons of war.
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