2min chapter

Hidden Forces cover image

Economic Warfare & the Weaponization of the Dollar | Julia Friedlander

Hidden Forces

CHAPTER

Oil and Gas

Russia has implemented capital controls. They have made sure that any export profits have denominated domestically in rouble. The price of and gasis going up, which means that the russians currently are able to actually extract more money from the global economy than they would otherwise. Does it even make sense at this point for the bite administration not to slap total sanctions on the oil and gas sector? I think it's a very active debate right now. Of course, energy is the third rail here, because that's the one area where russia does have leverage and where we are depending upon Russia.

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