
68 - How Effective are Economic Sanctions?
The Red Line
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The US Dollar Is the World's Reserve Currency
The united states dollar is viewed as the world's reserve currency. If russia starts selling the roial in roubles or pounds or uras, will that take away strong backbone of us Dola? That's a really good question. And there's been a lot of a discussion about that here,. partly because, you know, the general axiom and sanctions is they're most effective until you pull the trigger.
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