Jay Newman on the Hidden Story of How Money is Moved Around the World
Macro Hive Conversations With Bilal Hafeez
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Sanctions Don't Work
The sanctions on the, i go the central line, assets were frozen. There's restrictions in trade outside the angisecta. I mean, what's your general view on on the sanctions that impose on russia? Sanctions don't work. If you look at the countries that have signed on to even russian sanctions, it's maybe a third of the members of the u n not a majority, not a plurality. So i think the sanctions are a they're a stunt. They're extremely inconvenient as to transmission mechanism what they transmit. And part of this is a feedback loop into inflation. It may matter, it's worth with the sanctions.
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