Comments by "dixon pinfold" (@dixonpinfold2582) on "John Talks 2" channel.

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  27. It's no secret. Most export bans don't work well. A target country having good relations with any neighboring country can route most things through them. Sales of iPhones to Armenia, e.g., are now surprisingly high for a country of less than 3m people. But the intermediary country earns a mark-up for the service, so sanctions are inflationary for the target country. (Also, obviously, after-sales service, warranties, parts, and software updates can be a problem.) Of course, export sanctions are not the only sanctions. Import sanctions are far more damaging. Russia has lost hundreds of billions of dollars due to lost European gas sales and much lower prices for its oil. (It turns out that if your market shrinks because of sanctions, the remaining countries can offer you a fairly insulting low price and there's not much you can do. India and China are both laughing all the way to the bank.) Then there are sanctions related to the international financial system which are also hurting Russia. Things like this are part of why the Russian bank rate is 16% and (according to the Russian govt.) inflation is 7.4%. The year before the war, 2021, the bank rate averaged 6% and inflation was 5%. So sanctions are slow poison, not a sword thrust. This isn't news, it's always been true. Carlson isn't blowing the lid off anything. Be very, very careful taking anything Carlson says at face value. I was burned a couple of times and started checking out everything. Most of the time his story doesn't check out worth a damn. He's a sneak. As far as I'm concerned he's good on social issues and nothing else.
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