Eddie Fishman, a former civil servant at the State Department and adjunct professor at Columbia, discusses his book on U.S. sanctions policy. He explores whether sanctions truly work, providing historical insights from cases like Iran and Russia. The conversation highlights how the U.S. dollar evolved into a pivotal economic tool through deals with Saudi Arabia. Fishman also critiques the challenges in current economic warfare strategies against China, shedding light on the complexities of governance and the role of key policymakers in shaping these strategies.

Eddie Fishman, a senior research scholar at the Center on Global Energy Policy and adjunct professor at Columbia University, discusses the rise of economic warfare. He explores how recent U.S. tariffs and sanctions against countries like China and Russia have reshaped global relations. The conversation also touches on the evolution of economic strategies from the War on Terror to today's geopolitical tensions, the impact of the shale revolution on oil markets, and the potential decline of the U.S. dollar amid emerging currency systems.

Sanctions expert Eddie Fishman and economist Sergey Aleksashenko discuss the impact of US Treasury sanctions on Russia's war machine, strategies to undermine Kremlin's oil revenues, recent reshuffling in Russian elites, G7's proposal on leveraging Russian bank reserves for Ukraine, and using Russian central bank reserves to support Ukraine.