3min chapter

Hidden Forces cover image

Economic Warfare & the Weaponization of the Dollar | Julia Friedlander

Hidden Forces

CHAPTER

What's the Objective of the Sanctions?

In 20 14, we designed sectoral sanctions. The strategy now is to pull the rug out from underneath the russian economy. We cut rasha off from 60 % of its foreign exchange reserves overnight. That means that we essentially we sent the rouble soring. It's now currently, just checked a few minutes ago, about a hundred and 20 to the dollar. Yields are through the roof the interest rates, the central bank had to raise interest rates to over 20%.

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