{"id":111127,"date":"2022-04-01T16:03:02","date_gmt":"2022-04-01T20:03:02","guid":{"rendered":"http:\/\/stateofthenation.co\/?p=111127"},"modified":"2022-04-01T16:46:17","modified_gmt":"2022-04-01T20:46:17","slug":"the-sanctions-have-backfired","status":"publish","type":"post","link":"https:\/\/stateofthenation.co\/?p=111127","title":{"rendered":"The Sanctions Have Backfired"},"content":{"rendered":"<p><!--more-->Paul Craig Roberts<\/p>\n<p>The idiot Biden Regime\u2019s sanctions have turned out to be a great gift to Russia while driving up inflation in the US and its empire, forcing Washington to remove some of the sanctions.<span class=\"Apple-converted-space\">\u00a0\u00a0<\/span><a href=\"https:\/\/www.rt.com\/business\/553034-us-russia-fertilizers-sanctions\/\">https:\/\/www.rt.com\/business\/553034-us-russia-fertilizers-sanctions\/<\/a><span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>The sanctions have created a great opportunity for import substitution in Russia.<span class=\"Apple-converted-space\">\u00a0\u00a0<\/span>Russian investment in the Russian economy prevents foreign ownership from taking the profits out of the country.<span class=\"Apple-converted-space\">\u00a0\u00a0<\/span>Instead the profits are reinvested and enrich Russians instead of Westerners.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>The sanctions also save Russia from globalism and save her sovereignty with it, while breaking up the Bretton Woods agreement that gave the US a financial and currency monopoly.<span class=\"Apple-converted-space\">\u00a0\u00a0<\/span>The main effect of the US sanctions is dedollarization, that is, the end of the dollar\u2019s role as world currency.<span class=\"Apple-converted-space\">\u00a0\u00a0<\/span>This means the end of the free ride the US has had from foreigners financing the US trade deficit.<span class=\"Apple-converted-space\">\u00a0\u00a0<\/span>Americans will soon be experiencing life no longer subsidized by the rest of the world.<\/p>\n<p>Russia is now set for rapid economic growth like China once Putin gets rid of his incompetent central bank director.<span class=\"Apple-converted-space\">\u00a0\u00a0<\/span>The current central bank director is 100 times more damaging to Russia than sanctions.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>The American Empire is not the real problem Russia faces.<span class=\"Apple-converted-space\">\u00a0\u00a0<\/span>Its real problem are the pro-western globalists in its own upper circles.<span class=\"Apple-converted-space\">\u00a0\u00a0<\/span>These Russians are the real danger to Russia.<span class=\"Apple-converted-space\">\u00a0\u00a0<\/span>Everyone of them is a de facto American agent.<span class=\"Apple-converted-space\">\u00a0\u00a0<\/span>Washington is hoping they will assassinate or overthrow Putin, or in the least continue to restrain his effectiveness.<\/p>\n<p>___<br \/>\n<a href=\"https:\/\/www.paulcraigroberts.org\/2022\/03\/31\/the-sanctions-have-backfired\/\">https:\/\/www.paulcraigroberts.org\/2022\/03\/31\/the-sanctions-have-backfired\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-111127","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts\/111127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=111127"}],"version-history":[{"count":0,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts\/111127\/revisions"}],"wp:attachment":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=111127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=111127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=111127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}