The West should confiscate Russia's currency reserves to help Ukraine while easing risk to US dollar's dominance, says anti-Putin hedge fund manager
that were frozen last year after Putin launched his war on Ukraine.
"This seems entirely morally logical. It makes financial sense. It would be an easy response to those complaining about the costs of this war," he wrote, adding that collective action is necessary. To avoid this, he argued that other countries with a reserve currency must join the US, leaving investors with little alternative.
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