First Recourse for Rebels
Tom Stevenson: Financial Weaponry, 24 March 2022
The Economic Weapon: The Rise of Sanctions as a Tool of Modern War
by Nicholas Mulder.
Yale, 434 pp., £25, March 2022,978 0 300 25936 0 Show More
by Nicholas Mulder.
Yale, 434 pp., £25, March 2022,
“... absorbing the trade surpluses of Europe and China – and that the American working class pays the price. But they didn’t discuss the power that accrues to the US through its financial dominance. Economic sanctions were treated in a single line: ‘The dollar’s role in the global payments system has given the Treasury immense power to impose financial ... ”