68 - How Effective are Economic Sanctions?
The Red Line
00:00
Is There a Way of Limiting Oligarches Access to Us Dollars?
There is no sanction that s air type, in part because there are criminals out there who make lots of money figuring out ways to get around them. You know, can they put their money into r m b? Maybe. I mean, that would depend on the chinese letting them. But joan is not convertible. So you buy a lot of r m b, then what you going to do with it? It's not like having piles of dollars or m so i think this time around we've been more effective an a in restricting their ability to move assets around. We seem to be fairly effected in identifying and freezing their assets, including their central banks assets, those that are located
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