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by forum_ghost 1572 days ago
Are you sure? I see many reporting their personal balances frozen by foreign institutions, and outright refused to return.

All sanctions mostly hurt regular people.

I'm sure the sudden drop in the FX rate will hurt those living paycheck to paycheck the most, instead of the rich who don't even hold any currency, just valuable assets.

Seizure of central bank foreign reserves on this scale (600 BILLION), I believe, is entirely unprecedented?

All it's going to do it hurt the poor. Oligarchs are going to be A-OK.