2min chapter

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#1147 Matthew Ferranti | Harvard Says Bitcoin Is Sanctions Hedge

The Pomp Podcast

CHAPTER

Russia's Imports and Exports Increased Despite the Sanctions

EU trade with Russia on a whole increased in 2022, despite the sanctions. It's just that sanctions on imports and exports are very, very hard to have the intended consequences because the economy is like this big complex machine. But if you're gold's in my custody and I say you don't get it back, I'm very direct in the kind of impact that I want to have.

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