Dan McDowell on *Bucking the Buck: US Financial Sanctions and the International Backlash Against the Dollar*
Macro Musings with David Beckworth
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The Imposition of Financial Sanctions in the US
The U.S. puts its banks at the center of the global financial system, writes Peter Bergen. He says sanctions are imposed through an executive order from the president. The targets could be non-state actors such as drug cartels or government institutions in foreign countries that need to be targeted because of foreign policy concerns," he adds.
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