The dollar/euro are doomed after sanctions.
Not that they weren't before, but it'd be a slow debacle (money printer go BRRR...).
But now is different as they took dollars and euros from a powerful state level agent (Russia) and some of the richest in the world (Russian oligarchs).
Other states (China, Russia and others) and riches around the world are taking note.
Sanctions in the past have never been so widely applied and this time will erode the trust on dollar/euro and debt instruments from USA and Europe as a means of national reserve.
Now is time for other instruments to shine (gold and bitcoin).
Submitted March 04, 2022 at 02:58PM by freeallnow https://ift.tt/r8u2tcT https://ift.tt/zFL5vQb
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