US sanctions hurt the USA as much or more than targets of the sanctions.

in us •  3 years ago 

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https://news.bitcoin.com/de-dollarization-russia-removing-all-us-dollar-600-billion-national-wealth-fund

What have 60 years of the US embargo of Cuba achieved, besides killing hundreds of thousands of Americans (who didn’t have access to over 50 drugs the rest of the world could get nearly free) and costing over a $1 trillion in products and services we could have sold, like rice, telecom, cars, etc.?

Russia’s de-dollarizing will result in software and expertise to help other countries to do the same.

See how easy it is to ban Twitter and other apps?

Countries will find it easier to ban the use of the US Dollar because Russia will help them.

Over $10 trillion in dollars is waiting to come home to cause hyperinflation. Better have hedges against inflation like a farm, house, and the right cryptos.

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