Can Europe's Economy Handle Russian Sanctions? | Frances Coppola
Frances Coppola, Economist, Author & banking expert, joins Forward Guidance to give an update on how the West's new sanctions on Russia are playing out. Coppola explains how key commodities such as Russian natural gas and oil continue to flow to Western countries, and she makes an impassioned case for why a ban on Russian energy is necessary to thwart the imperial ambitions of Russian President Vladimir Putin. -- Follow Frances Coppola on Twitter: https://twitter.com/Frances_Coppola Follow Jack Farley on Twitter: https://twitter.com/JackFarley96 Follow Blockworks on Twitter: https://twitter.com/Blockworks_ BCB is Europe’s leading provider of business accounts and trading services for the digital asset economy. With a dedicated focus on institutional payment services, BCB Group provides business banking, cryptocurrency and foreign exchange market liquidity for some of the world’s largest crypto-engaged financial institutions. For more information, please visit https://bcbgroup.com/jack -- (00:00) Introduction (00:58) Overview of Sanctions on Russia (07:08) Oil & Natural Gas (09:30) Wheat (14:20) Demand Destruction and Recession Risk (18:00) When Will We Hit Peak Inflation? (21:20) Central Bank Response Function (27:01) The European Central Bank (ECB) And Inflation (32:02) BCB Ad (35:45) The Dollar's Surge (1:20:36) Breton Woods III