Forwarded from Pepe Deluxe (Pepe Deluxe)
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https://twitter.com/profstonge/status/1770787226172977295
With fresh Ukraine bills blocked, Europe moves to seize $300 billion from the Russian Central Bank and hand it to Kiev for weapons.
If this goes through, it could further threaten faith in the Western financial system.
And it could accelerate the flight from the dollar -- and the euro -- towards hard assets from gold to physical resources.
There was a time the US and Europe understood the value of keeping their currency secure. Those days are gone.
With fresh Ukraine bills blocked, Europe moves to seize $300 billion from the Russian Central Bank and hand it to Kiev for weapons.
If this goes through, it could further threaten faith in the Western financial system.
And it could accelerate the flight from the dollar -- and the euro -- towards hard assets from gold to physical resources.
There was a time the US and Europe understood the value of keeping their currency secure. Those days are gone.