Looks like they are now going after the central banks foreign reserves which is far worse than getting kicked out of Swift or the other sanctions announced, massive economic escalation
I was wondering about that. Given that they're all fiat currencies, why can't the foreign national banks just say 'Your money is no longer valid' to Russia? Goodbye foreign reserves.
Looks like they are now going after the central banks foreign reserves which is far worse than getting kicked out of Swift or the other sanctions announced, massive economic escalation
https://twitter.com/HenryJFoy/status/1497705581817253889