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>I dont think anyone's moved beyond freezing access to existing russian assets, eg disputing rightful ownership, yet. They "just" appropriate "profits" from th
by fuoqi 2y ago
>I dont think anyone's moved beyond freezing access to existing russian assets, eg disputing rightful ownership, yet.
They "just" appropriate "profits" from those assets, which effectively means inflationary erasure of purchasing power on the scale of several billions per year, and use assets to back Ukrainian loans with everyone's tacit understanding of future prospects of those loans.