By Sean Ring, 4th October, 2022

Episode 44

What Do Sanctions Accomplish?

  • Sanctions are aggressive measures that don’t work as intended.

  • Countries find a way around them if they can – and many can.

  • Russia finally says to America, “Your money isn’t good around here.”

Notes

REFERENCES

Ref 1 -The Independent – https://web.archive.org/web/20070930165559/http:/news.independent.co.uk/world/middle_east/article78272.ece

Ref 2 – Mises Institute – https://mises.org/library/evil-sanctions

Ref 3 – YouTube Madeleine Albright – https://www.youtube.com/watch?v=RM0uvgHKZe8

Ref 4 – The Nation – https://www.thenation.com/article/world/harvard-boys-do-russia/

Ref 5 – YouTube Putin on Russians “using their brains” – https://www.youtube.com/watch?v=eTsOpZ2elHk

Ref 6 – NewsAM Putin interview on Russians “using their brains”- https://news.am/eng/news/395474.html

Ref 7 – Progressive Farmer – https://www.dtnpf.com/agriculture/web/ag/blogs/canada-markets/blog-post/2020/12/10/look-largest-global-wheat-exporters

Ref 8 – YouTube Putin on the ruble – https://www.youtube.com/watch?v=uV5KTHDm1J0

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Recap & Takeaways

Why We Prefer Sanctions to War

There’s Money In War

Sanctions: Awful on Paper, Worse in Practice

Those Countries That Can Fight Back, Will Fight Back

These Sanctions Aren’t Fit For Purpose. No Sanctions Are.

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