#844 Russia Sanctions Lead To Long-Term Problems For The U.S.
The Pomp Podcast
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The Economic Impact of Financial Sanctions on the US Dollar System
The united states and nato are making a very specific trade off decision mitigate the short term problem at the cost of a long term problem. When russian banks or the country's central bank are sanctioned, the average citizen in russia is who feels it most. The only other time that the us. Has ever pursued an action this severe has been an iron which has played out over the last decade. This leads me to believe that countries will choose to build swift equivalents outside the us. Dollar system. While most people are talking about russia potentially using bitcoin to circumvent the sanctions, we saw the ukranian government post a bitcoin address on twitter and ask for donations to help fund their
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