Zakaria asks Yellen if sanctions on Russia are actually working. Hear her response
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- Опубліковано 15 кві 2023
- CNN host Fareed Zakaria discusses the global financial implications of the Russia-Ukraine war with Treasury Secretary Janet Yellen.
#CNN #News
I am a little confused with her statement regarding Russia's revenue. I thought Russia is now conducting trade using non-dollar / non-Euro currencies (primarily Chinese Yuan/RMB). So, how can Yellen be sure that Russia's revenue is dropping? I am sure Russia's dollar/Euro transactions are decreasing, but it does not mean that Russia's total revenue is dropping. This is just common sense.
Great point again
This is fake news cnn 😂🤣😂🤣
Much of this sounds like the Third Reich's claims about the success of the Wehrmacht in the early days Soviet Union.
They have to act like they know what they’re talking about, stupid people eat it up it’s all part of politics. Just lying
quite right
Are you kidding me? You try to use that judiciously? HA! You use it for literally EVERYTHING. Thats why countries around the world are sick of it. You screwed up.
Yea! Throw your dollars away! You don’t need them😂🤣👎🏼
Still others would do worst. Dollar and US, Eu and Euro are the most stable for many reasons. You can buy Russian coin dude fell free
@@Interactive-gp8xf jajaja he can give his dollars to me
It might be more stable but by doing so we support terrorist states like USA
@@jonybe5854 For now. They are stronger because sustained by violence. But their military power is in strong decline, and joining the forces, the BRICS states are already superior. No military power, no more dollar, no more cancer and nazism in the world, because that is all USA are.
Did she really say that we use sanctions judiciously? We’ve been weaponizing the dollar my whole life.
Now that the Chinese Yuan has replaced the dollar in the world markets thanks to her and Biden, the USA is going to get a taste of its own medicine,
25% of peoples on Earth have danctions. Over 30,000-40,000 sanctions all over the world.
Just like Fareed said. Russias 15,000 sanctions and stealing their reserves was the last straw, and countries are rapidly dedollarizing.
That's why the dollar will be destroyed.
Yup! U.S has become too arrogant, time for the U.S to wake up to a new reality.
Credit is a very good thing, credit can bring you 10 times or even 100 times of income, but credit is very fragile
She is only delivering the message, not necessarily answering with facts.
Jew …
@@musicacc2255 What is that?
@@luyzqint3760 truth
Luyz Qint. I don't understand why you would say she is not delivering facts. To replace the dollar is impossible! And it's mechanisms is impossible.
The effect of the sanctions is at this stage unknown but what is know is the money incoming outside Russia. That has dropped as she indicated by 42%.
Even if Russia considers alternatives. There is no way a country that side can operate without the dollar and without access to its funds.
Unless you are saying she only responded to the surface and not yet the complete picture of what Russia is going through. And just an important note and you can do all the research on it..... 1. Energy and Oil has been cut significantly by Europe (by over 70%). 2. All other countries Russia supplies with oil are practically a drop in the ocean compared to Europe, USA and its partners in relation to sanctions. 3. It will take Russia an entire 5 decades to return to normality especially because the new normal is being created. That they will not have access to the funds and on the table there is already talks that they need to fix Ukraine with same funds.
Lastly and very importantantly no one and I mean even the IMF knows the exact impact Russia is experiencing financially. All the numbers that Russia reports are fictetious.
Well said
Pointing to a Russian budget deficit as a negative impact on the Russian economy is painfully ironic. If a budget deficit means a weakening economy wouldn’t that mean we have the weakest of them all ?
No its the strongest of all the weak currencies.
A budget deficit in russia or other socialist countries don't mean anything. They can just reset everything like china does all the time.
If we didn’t control the world’s reserve currency, sure. But we do.
Russia is just waiting for the F-16 to be destroyed like insects. The F-16 is an outdated model! F-16s will be beaten like flies in Vietnam! Remember Vietnam!*
Budget is enough for sarmat to Washington, that's cool 😎
"Inflation seems to be transitory"- Janet Yellen
😂😂😂😂
It is transitory......to the next recession.
Yellen is unconvincing in her answers to the questions asked. The USD Market might be deep. But trust in the country and its currency is gone. In particular, the Dollar Printing Press. She forgot to add how profitable the business is with making US Coalition partners pay for America's otherwise expenses incurred in its war against Russia.
De-Dollarization new rule.
Economically speaking - when a country is involved in a war, it is a lost opportunity, a loss of a limited resource. Every soldier that dies represents a loss of potential, and assuming that it is a 18-40 year old adult, it takes a generation to replace.
Plus millions emigrate out of the country loosing even more workers and potential.
They should get into the diesel business. Zelensky is paying top dollar for that right now.
Vodka prices are skyrocketing sending russian soldiers into withdrawal.
@@raziele92 Putin is grinding up college students to sell it to him
SARMAT TO FASHINGTON is ahead 👌💥💯💯💯💯💯
She should be focusing on the cost of domestic goods not foreign wars or "climate change".
She’s a millionaire. She doesn’t care 😂
It's all related. How do you not know this?
@@anonimuse6553 the foreign war is related to the military industrial complex trying to figure out how to get a piece of the $900B military budget and climate change is related to the WEF trying to inject socialism into the western world. How do you not know this?
The real problem is the never ending growth in US debt. Yes, it is not easy to replace USD but the world can minimize the holding of USD or US Treasury by lowering the volume of USD denominated trades. The lack of foreign demand of UST will choke US spending on military, social welfare, not to mention infrastructure. It will get very ugly pretty soon.
Exactly, it’s in the making. 32T + and strongly growing
Just dropping a comment a dropped for someone.
Luyz Qint. I don't understand why you would say she is not delivering facts. To replace the dollar is impossible! And it's mechanisms is impossible.
The effect of the sanctions is at this stage unknown but what is know is the money incoming outside Russia. That has dropped as she indicated by 42%.
Even if Russia considers alternatives. There is no way a country that side can operate without the dollar and without access to its funds.
Unless you are saying she only responded to the surface and not yet the complete picture of what Russia is going through. And just an important note and you can do all the research on it..... 1. Energy and Oil has been cut significantly by Europe (by over 70%). 2. All other countries Russia supplies with oil are practically a drop in the ocean compared to Europe, USA and its partners in relation to sanctions. 3. It will take Russia an entire 5 decades to return to normality especially because the new normal is being created. That they will not have access to the funds and on the table there is already talks that they need to fix Ukraine with same funds.
Lastly and very importantantly no one and I mean even the IMF knows the exact impact Russia is experiencing financially. All the numbers that Russia reports are fictetious.
Zak, like everyone else in the objective world, knows the answer. I think he is just testing Janet's bravery and integrity. But I don't think she has the freedom to speak her mind. As we all know, "she is with them or against them".
she is not so accurate on predictions
Who are you to say? You comments are brainless 🤮👎🏼
Sanctions rarely work. Currently Russia apparently sells its oil at a discounted price to Saudi Arabia. The Saudis refine it and resell it to Europe at a higher price.
What does that have to do with Sanctions not working? Do you know why China and India (not Saudi) buy Russian oil at a VERY discounted price, because the sanctions are working and all the other markets that used to pay top dollar for oil are no longer buying it from Russia. Thats exactly how sanctions were meant to work.
Sanctions have never worked and in this case are helping Russia and destroying Western Europe.
@@GonzaloChavarria-my8tk You can sell 100 iPhones($1000) to 100 rich people - $100,000
You can also sell 1000 Samsung ($500) to 1000 people - $500,000
@@GonzaloChavarria-my8tk well they don’t! It’s pretty obvious to anyone but CNN and it’s stooges! And possibly people like you who indiscriminately swallow their bs propaganda…😂😂😂
By your own logic Russia is still losing money
Even though all those hypocrisy and wickedness has been exposed, it is hard to encounter someone who remains being truthful and righteous.Not just politicians but civilians alike are fighting for their own economic and political interest.
🟡🟡🟡
These sanctions, which some have called the “weaponisation” of the dollar, have predictably made Russia and China, the two biggest geopolitical rivals of the US, promote their alternative financial infrastructures. Sanctions are backfire if the U.S. 😂😂
Zelenskys bank account is working well.
Putin is making mass profits. He is probably the first trillionaire.
Very Very Well 😂
Not as well as Putin's....
@@sirfrancis9619 Not as well as George Soros The Criminal Jew..
@@manjunathmnm I don't like Soros - he's pushing the Woke agenda........
Western comedy sanctions on Russia:
US: sanctioning Russia's financial systems
Result: US banks and EU banks in crisis😂 and Tech layoff's😂
US: Sanctioning Russia's crude oil products
Result: Cost of living crisis in west😂 etc
World is getting doubt over US is Super cat rather than super power😂😅😂😅
Hows the Ruble doing?
@@noneshere Ruble is trading currently at 0.012 per US dollar. Down from 0.030 in Feb 2023. Skyrocketing?! Omg I spit out my coffee 😂
@@noneshere your lies, putlerbot, are primitive, Putler is ashamed of you🤮👎🏼
Stop that BS, and visit your restroom, you are obnoxious 🤮👎🏼
@@noneshere Yeah right😅😅😅😅😅😅😅
What yellen said is true in terms of Russian oil exports to eu dropped from 3.3 million bpd to just 300,000 bpd .
But what is not said is China and India have increased their oil purchases from Russia by 3 million bpd.
are you surprised ?
That time we are made to blv they are not buying Russian oil cos that funds Purim’s war chest bla bla. Then again they are always economical with the truth .
In fact India bought 20 times more Russian oil in 2022 compared to 2021.
…what you forget to add is that after they bought it) they refined it and sold it to the west for profit.
@@GK-dy3ck
You’re absolutely right. Thanks
Yelled seems to be more fond of talking her observation on the military than answering the question in the economy parameters… why?
Because your brain is more like scrambled eggs, that’s why👎🏼
Part of the machine.
Because sanctions and the war is failing
@@frankyb702 So, Putin is successfully winning a war in Ukraine at a pace that might win it in a century? Putin is never going to conquer Ukraine, any more than reason will conquer Trumpists.
- "Yelled seems to be more fond of talking her observation on the military than answering the question in the economy parameters… why?"
It's not about being "fond of" this or that. The figures the Russian government presents about the country's economy aren't considered reliable anymore. The less you can trust the figures, the more you have to look at indirect indicators.
“Even though you now know we’ve been lying to you for years, you can trust us now.” -CNN
Fox is currently in court for misinformation.
I understand cult members are pissed.
Then why are you here? 👎🏼👎🏼
I am grateful for your messages .
@@Interactive-gp8xf to hear the lies and compare them with the truth
The network that is confessing to lying to you for years is FOX. Maybe you're just confused?
You should check your figures) the price regulation on the Russian oil only works in relation to the allies. In the meantime Russia is selling their oil to China and India where the price may be lower but according to the latest figures, nowhere near what sanctions were aiming for.
The average price selling to China is far under the $60 cap price.
Japan (an ally and member of G7) is buying from Russia above the price cap
@@mwambakatongo8613 THIS
@@mwambakatongo8613 Japan is an insignificant country with American protection..
@@jimmycrackcorn99 $64
Russia is expected to have budget deficit instead of surplus this year. But when was the last time US did not have budget deficit? US gov debt has been growing like hell.
Exactly, US will have great depression 2.0 faster then Russia collapses. This old woman is a fool.
Russia is just waiting for the F-16 to be destroyed like insects. The F-16 is an outdated model! F-16s will be beaten like flies in Vietnam! Remember Vietnam!*
35 trillion debts 🤣 and USA ia talking about other countries revenue and budget!
Literally! The war in Ukraine has been a fucking disaster for the west and NATO economically, militarily, and even diplomatically as the lakes of China actually look like a better world leader than us trying to broker a piece deal between the two nations and others in the Middle East while we are sending weapons and 30 NATO countries are in a war with Russian mercenaries is Europe is starving for energy and we are all paid the price of inflation and economic turmoil from the sanctions more than Russia itself 🤦🏾♀️🤡
It’s time to admit that it was a mistake and that Ukraine should not be a part of NATO and honestly neither should we let the peace talks and diplomatic negotiations that we are halting actually take place and focus on improving our own borders before we worry about those abroad or being the policeman of the world
@@tazinahmed7 look who is talking! Afghanistan the poverty king😂🤣👍🏼👎🏼
😂 global community? Good one!
What is she going to say? Let me take a giant guess… Of course they are working, just like they worked in Cuba, Iran, North Korea, Venezuela, Syria and so on…
The sanctions placed on Kim Jung uns grandfather has starved a lot of peasants to death making the rulers there feel bad.
Russia is so vast that it covers 11 time zones. They have most likely the most natural resources on the planet and is the largest exporter of wheat...
In addition to resources, Russia has a colossal energy system, huge production and is able to independently produce all the goods it needs.
And yet they’re a complete joke on the battlefield...
@Canadian Gemstones ...yet they keep Nato sidelined from direct conflict, they have hamstrung the UN and they are slowly decimating Ukraine.
@@canadiangemstones7636 No because Russia is fighting Nato, EU,and G7 together. I don't any European country can single handedly fight with Russia. About 30 or more countries are giving either military or economic aid to Ukraine. This war is between Russia and the entire West including thier allies
@@canadiangemstones7636 In comparison with whom are the Russians nonsense on the battlefield? For 20 years, NATO could not defeat the barefoot farmers of Iraq and Afghanistan, who did not have any weapons other than AK-47s. Russia is fighting with small forces against the modern NATO army, armed with the most modern weapons.
The saddest part is that she honestly believes what she's saying. Evidently, she and others in the Biden Administration do not believe in having a "devil's advocate" in meetings to encourage a more realistic policy.
No, she doesn't. She lies as any piece of shit in american government since its inception, with very few exception, such as Lincoln. Dollar, and USA violent hegemony is on the way out, and more and more countries will be encouraged to help it capitulate, just because it is better for them. Also, they hate US going and teach democracy to the countries they have destroyed, such as about each one in the world.
@Jeff Klenovic the saddest truth is, the facts are here and you insist on your misinformation.
I don’t think it’s fair to blame Biden’s administration for what is going on, I wish I could blame the previous clown, but that would also be subjective and narrow minded. It’s not even the republican fault… it’s a combination of so many things, and frankly at this point we might as well irradiate both parties and strays from scratch just to change the narrative.
@@GK-dy3ck Comments from Jeff are what we expect from Maga?
@@donhoe100 I try not to categorize people into Maga or not Maga… unless we start talking to each other like equals, we as a society will never find peace and mutual respect.
I like the questions, and surprisingly, like the answers too.
She is either delusional or a complete liar. You can decide which is true and which is worse
exact !!
When you look at Russias GDP and the size of their economy this was total mistake . Someone was looking for a quick rollover in ukraine now its just a massive series of wrecks: as a metaphor.
11¹111¹¹¹1
You can't win a war with a calculator. Look at afghanistan the taliban won. But america is the richtest and most powerfull country on earth but still they couldn't get rid of the Taliban.
@Kyle Kyle He doesn't know that Ukraine ran out of ammo 2 weeks and sent their heads of state to China to discuss peace. What can you expect from the left? They're always behind the curve.
@@kylekyle9618clown 😂😂
@Kyle Kyle I assume you also got tired of all the winning under the trump regime?
The ruble seems to be thriving if you look it up .. something not adding up .. well other than our bills and prices of goods.
😂😂😂 she ist Out of reality
You can give me your dollars i accept them. Thanks
Точно)
@@user-je5ri6rd7x грабитель
@@jonybe5854 кто грабитель? А то я про грабителей готова поговорить очень конкретно. Хорошо, что ты поднял эту тему.
@@user-je5ri6rd7x Позор русским ворам
They failed to accomplish either goal they set out for
It's working allright , working for us in Europe. Crazy prices for everything. I don't believe Russia is really hurting
Ask america company how much they make a profit when LNG price skyrocketing 😂
Yes. Russia wins and you lose your freedom of thought, not to mention speech, assembly, press and more. You will be conscripted for the next invasion of x country. Refuse, and you're still conscripted. Enjoy your "freedoms."
Let me guess: Dissemble, pivot, obfuscate……”yes”, dissemble, blubber, pivot, obfuscate.
We are in a global recession as workers worldwide are struggling under rampant inflation. A large percentage have stopped buying and business is chugging to s standstill. That would be a good topic for Yellen rather than listening to CNN management who want to keep a lid of this topic.
The democrats with their dumb the dumbest policy have led to others ditching dollars 💸
Yellen says inflation is transitionary, look at inflation now. He lies
Inflation is making way for the recession.
Is there any evidence of sanctions leading to peaceful, mutually beneficial resolutions?
I think it is a tool in the toolbox and multiple tools are needed.
Nice to see you.
It contributed to ending apartheid in South Africa
Great , Thank You ..
US immiseration policies breed hate. Afghanistan, the Balkans, Belarus, Burma, Central African Republic, Cuba, Democratic Republic of Congo, Ethiopia, Hong Kong, Iran, Iraq, Lebanon, Libya, Mali, Nicaragua, North Korea, Russia,, Somalia, Sudan, South Sudan, Syria, Venezuela, Yemen,, Zimbabwe.
1:51 - haha, “Doo Doo”
Why was the Iraq war ok to happen
Looking at revenue is looking at the wrong number. Look at profit. A year ago Russia produce oil for $40/barrel, $2/barrel for shipping via pipeline, sale price equal to or exceeding. $80/barrel and a profit of $38/barrel. Today Russia sells oil for $55/barrel, has shipping cost of $15/barrel and essentially zero profit. The proof is that Russia is drawing down on financial reserves and will be unable to purchase foreign products by the end of the year.
INFLATION BY JOE.
@@EduardoOliveira-zx4yj are you happy with your rights in Russia?
Yes, the sanctions ARE working. They have sanctioned the eu and uk into permanent oblivion, soon they'll sanction the middle and working classes in the us as well, joining the precariat into permanent sanction-ship 😂
@@vitalsigns2679 why should we take loans from the Chinese if they buy gas and oil from us ? Do you think Russians need loans? we have a very low external debt, we got rid of the dollar and pay in our own currencies. Greetings to you from sunny Siberia😂
A smarty pants, If your fighting wars with producers of material that you need, like China and Russia, who control india, the middle east and africa, Where are you going to get your cellphones , electric cars, batteries and all the other materials, that make all the technology around you.
International Energy Agency (IAE) reported that Russian oil exports surged to their highest level in almost three years in March, despite Moscow’s production cut and Western restrictions. The IEA also revealed in April that sanctioned seaborne crude was selling above the price cap for the first time since the penalties were imposed.
Seriously, I cannot imagine how Americans can stand listening to some of their politicians and officials.
92% of Humanity are Peoples of Colour and they, in concert, dislike American bullying! Sanctions, Sanctions and more Sanctions.
Look at the Cubans suffering 65 years of Sanctions; yet they are smiling! I've visited Cuba many times. They are the most kind hearted people on Earth.
The fact that we share a ride to the international space station with each other says a lot to me about these sanctions
There may be different reasons to share a ride👎🏼
Thank you so much !
Ha
- "The fact that we share a ride to the international space station with each other says a lot to me about these sanctions"
Would you like to enlighten us about what it says?
On choosing a character to carry out a US planned mission they had to pick a comedian.
Saudi Arabia leaves the orbit of the United States and sets the volume of oil production in agreement with the Russian Federation. In addition, the Saudis have left the United States aside and turned to China for mediation in order to improve relations with Iran.
She said no single country but does not rule out the euro overtaking the dollar as a reserve currency. The Yuan talk is nonsense.
She know she's lying
We know she's lying
She know we know that she's lying
But still she keeps on lying
You talking about PutinaZi?
😂😂😂
😂😂 he(Fareed) knows she is lying.. 🎉🎉
@@jonybe5854 We don't know what they are saying because their media is blocked.
@@devinfraserashpole4753 like they block the vision of horses so they can't see the surroundings
When has sanctions ever worked the way you wanted it to work?
Why do russians keep complaining about them if they don't work? Why did they massively raise their interest rates? Why did they shutdown their stock market for months? Why are they so desperate that they're using old ammo/weapons/tanks and relying on corrupt dictatorships like Iran and North Korea for military equipment and resources?
Now! 💪🇺🇸
@@Interactive-gp8xf
Where do you get your info from?
Russian sanctions have been completely ineffective on their economy. Ironically, they've actually backfired resulting in soaring inflation in the 🇺🇲 particularly food & energy costs
@Tracchofyre Plus Putin has complained constantly about the sanctions. If they were really hurting the US more than Russia he wouldn't want them to end so bad.
Before watching this video, something tells me that CNN has cut the part where she said the sanctions are likely to backfire
Talk about Gaslighting!
eye-popping interview
I hope she has the same standard about the US's damage in other countries...
there are body's still being dug out from under the rubble in Mosul
💥Babushka, why the USD is called a FIAT CURRENCY?😂😂😂
Great initial question!
Well they know things about to go bad this is all just a way to calm everything down so it doesn't look like things are going to go bad🤔
If sanctions as a tactic worked then North Korea would have been disarmed a long time ago. Sanctions are largely symbolic as the sanctioned state largely adopts.
Adapts even? Yes, but N Korea is not a viable state, it can hardly feed its people. It is one thing to take an historically put upon serf population and keep them from knowing better than taking a vibrant and expanding economy and trashing it such that the people become serfs.
Nov 3 2022. UN votes overwhelmingly to condemn US embargo on Cuba. 185 member states sign on to UN resolution condemning the US Economic embargo of Cuba. Two countries abstain, Brazil and Ukraine. Two countries vote no, Israel and the United States.
@@kevinjenner9502 The USA and European countries do not comply with this decision.
Tell North Koreans sanctions don’t work, they will spit in your face 👎🏼👎🏼
Put speed on 1.25.
Two Clear Lessons for non-Wrstern Economies:
1) Develop an alternative to SWIFT & move out of SWIFT asap. This they have already done.
1 b) Move out of Dollar based trade transactions as far as possible. This too is being done. Yuan etc based. Even if pricing is done via dollars transactions should be contracted in alternative currencies.
2) Move out of Treasuries to Gold and Dollar. *But Dollar reserves should be locally held and not held in New York.* This too is being done.
No part of the Trading or Reserve Storage cycle should be under access of the West.
He actually meant to say, Americas war with Russia
It's payback for meddling in 2016 elections....Biden and Dems were not gunna let that slide
Will the USA pay Germany and Russia for repairs and damages for Nordstream 1 and 2 ?
they are no longer needed . europe will not buy russian gas anymore. so there is no need to repair the pipelines.
And the US damage caused in syria libya, Iran, Afghanistan, Cuba, ex Yougoslavie, north Korea, sudan and many more
Was she recently reading the wartime statements by Germany on how much the Wehrmacht was crippling the Soviet Union?
Why not make oil cap decline monthly to squeeze them out? $5 a month reduction should do it. Who knows, maybe they wanna keep all their oil…
The economic and financial system is no longer credible.
I'm so glad that CNN is keeping us posted on the world ( important) news, along with our own confusion.
ЭТО ОДИН САМЫХ ЛЖИВЫХ СМИ .
More so India is desperate to decide and enslave white people look CNN a indians voice here only..
All of this because the U S wanted to encircle Russia with NATO even after Gorbachev offered peace and brought down the Berlin wall and allowed Ukraine , the Baltic countries ( Lithuania, Latvia, Estonia , Poland , Uzbekistan
to go their own way he dismantled the Warsaw Pact ( the soviet NATO ) and asked that NATO not move into former soviet countries and the U S agreed to this but did not ask for a formal treaty The U S
broke that agreement and lied to the American people that their was no agreement and SURPRISE the German government
( our ally ) produced
the document proving that there was an agreement !! Of course our news media mentioned it one day and buried it the next day and how many Americans are aware that the Obama administration spent 3 billion dollars to overthrow the legitimate government of Ukraine in 2014 with the help of that
POS Victoria Nuland
Russia actually asked to join NATO but was denied because there would not be a boogie man to justify the bloated defense budget The hidden hand , dark money outfit meanwhile Israel bombs Syria every night and that is fine with the U S , NO problem Why were there no sanctions when the U S destroyed Iraq , destroyed and bombed
Libya Oh Gaddafi was demonized as a dictator monster except Gaddafi had built the highest standard of living in Africa He built universities and hospitals and was loved by his people
The U S has a controlled news media that lies everyday How much news coverage about the 100 people in Odessa were attacked by Nazi
Ukrainians with clubs and guns were chased into a government building in Odessa and the nazis terrorists set
the building on fire and
100 peace protesters were burned to death !!
How many Americans are aware of this atrocities?? NONE !!
The U S never attempted to negotiate a peaceful solution You can EASILY FACT
CHECK this
@@GarryKent How do you measure? What are and how many of your less "ЛЖИВЫХ" СМИ examples?
The Polish government supports Ukraine BUT last year the Polish government sent a letter to Zelenskyy that demanded reparations from Ukraine because the Azov Battalion(nazis) fought
with Hitler and murdered jews and others 130,000 victims that were executed/murdered
with AXES !! Because they did not want to use 130,000 rifle bullets They now are the government of Ukraine !! But the American people are ignorant of these facts
YES FACT CHECK IT !!! Wake the F×ck
up We are sending billions but we have to cut Medicare and social security that worker had paid into their whole lives but the government thinks our retirement money is their piggy bank !!
Well that's my rank and I'm sticking to IT
Vote BLUE , support term limits , end gerrymandering,
vote for independent candidates
This is so out of reality that I could not even finish the video. I suggest everyone look for other sources of information. Lord have mercy...
all i can hear is “UM” coming from her mouth 24/7
Isn't Yellen's job to protect the $?
Used to be. At least the specific job
Second. Lyod. Austin
Can't happen because China is winning
Once a NY'r always a NY'r
Im not american, but even i understand shes from Brooklyn
No wonder every country is switching from the petro dollar.
Watching Yellen talk is attending a Masterclass of How to Lie as I look you in the eye!
Re: The dominance of the US dollar, it's important to first consider that the creation of the EU was in no small part influenced by seeing the huge leverage of the US dollar in world trade, and by the hope the Euro could someday have similar leverage. So far, the EU has made few inroads in that.
This puts in perspective the other efforts to replace the dollar standard. The Chinese/Russian + effort, for example, is nowhere near as substantial as the Euro attempt has been. Fareed Zakaria is worried about something that shows little evidence of happening.
Of course nothing lasts forever. The day will come when international companies will see a choice of currency transactions. I don't, however, see that as close in time.
I hard to replace the Dollars. The US is the most stable nation in the world (for what that worth).
Well said
SARMAT TO FASHINGTON 🎉🎉🎉🎉🎉 is dominance
Russia is just waiting for the F-16 to be destroyed like insects. The F-16 is an outdated model! F-16s will be beaten like flies in Vietnam! Remember Vietnam!%
Frank, I agree with you completely. I had a little back and forth with someone online yesterday about the dollar. The Euro was created specifically to take on the dollar, and for almost 30 years, the Euro has made very limited inroads. The Euro is backed by 27 countries in the EU with advanced economies. How is a BRICS currency made up of weak and developing countries such as China, Russia, India, Brazil, and South Africa going to dethroned the dollar? We do not force any country to use the dollar, just as we don't force none English speaking countries to learn English. The benefits of speaking English or using the dollar are what makes people wanna do these things. The Saudis ran back to the green back last year after they said they would use the Yuan for trading. This is because the Yuan devalued to its lowest against the dollar. The Yuan can not become a global currency because it's not free floating. It is tightly controlled by the CCP. The last time China attempted to free the Yuan, the rich people in China pulled out trillions of Yuan from China to overseas banks. Like I said yesterday online, the United States has a sophisticated financial system that you can not find in China or even Europe. How about the rule of law and political stability? Most of the countries who dream of replacing the dollar are despotic countries with no rule of law: China, Russia, Saudi Arabia, Brazil, Mexico, Iran, North Korea, etc
This woman lacks more credibility then most any federal government official. It's extremely difficult to accept any of her talking points without first validating them from independent sources.
She is so full of sh it, its not funny.
Her speech was struggling.... when a Finance Secretary talking about millatary things..... When US dollar being used as weapon times and times with nearly no gap year(s), how can countries trust the currency in future.
She is a democrat liar, my gosh.
And you are not American 🤮👎🏼
Off course they're working BUT giving the exact opposite of intended results
She is talking about Russian military loss. She should focus on the economy.
Are you going to leave your money with people who will confiscate your money?
The price cap never worked. Russia doesn't sell oil at that price. The whole thing is a fantasy.
Bruh exactly I think she lied about Russia running a deficit too. I remember seeing that China and Russia were the countries with highest budget surplus for the last financial year or something
@Pin927 It doesnt have anything to do with the price cap. She just lies again comparing Russian profits last month with oil price of $75 with March of 2022 when oil used to cost well over $100.
Fuel cost droped in EU
Russia is not the only with fuel. People can buy from US, Canada, Norway and more...
@@jonybe5854 Russia is a huge exporter though. Majority of US oil is consumed by the US itself . Canadas oil also goes to the US
How can someone who mutters 'ummm' so frequently be in such an influential position?
Oratory skills is not a requirement for financial skills.
Ask Biden 😅
Maybe she thinks before she speaks?
You've zero'd in on ummm or perhaps a speech impediment but you probably missed that most of what she said was well thought our and proven facts.
I could agree more with Janet yellen , I have been watching her for more than 30 years .
Janet Yellen is living in the pass.
I see it as being a few things. If the oligarchs are not so afraid of Putin, if they don't need him to stay rich, and if they see him as being very, very, bad for business, there could be change.
And to get all three at the same time is a pretty tall order.
Answer to weaponizing dollar was 3 mins of pure BS by this lady
Russia is just waiting for the F-16 to be destroyed like insects. The F-16 is an outdated model! F-16s will be beaten like flies in Vietnam! Remember Vietnam!)
I see BS only from you🤮👎🏼
How would I know I'm just an albino mannequin.
Yellen must have been coached or learned this: the incessant head-bobbing. I wonder who she is trying to convince. Herself?
This lady is way to old and behind the times to understand how the financial markets are heading in 2023 and beyond. This will be to the detriment of the US dollar in the years to come and therefore the US population as a whole. The US has been beating the dollar drum for too long without any real backing apart from the governments and military's word for it, that it's a safe investment. That power has been overused is now waning. The digital economy is already here and if the US don't wake up fast.. they'll be overtaken pretty soon and the power of the dollar will decrease even faster. The world order is shifting and only those who can adapt will survive.
@@noneshere It doesn't bother me where she raised or who, what, where or how.
She is behind the times and as I'm not a US citizen either it would only affect me indirectly. No offense to my US friends but you need a younger president/government who understands the world as it is today.
@@chrissavill8713Why? Yellen and Biden are the greatest leaders of the 21st century so far.
@@chrissavill8713 your US friends don’t need your advice, and as a ‘non-US citizen’, you should worry about your own country 👎🏼👎🏼👎🏼
How about Italian pay Ethipian for spraying them with mastard gas, many of us lost parents and grandparents.
If Putin is forced to run a deficit, is that bad? Doesn't the USA run ever higher deficits, including on nearly perpetual wars it cannot afford?
Russia is selling more oil now today compared to when Western sanctions started. Great job america 😂
Даааа💪🇷🇺
Just remember that sooner or later oil is going to be phased out for cleaner energy. 😂😂 Once Russia losses most of its oil revenue, its gonna turn into a third world country.
If you’re selling 50 gallons of milk per day at 3 dollars each one year, and then you’re selling 100 gallons of milk per day at 80 cents each the next year, business cannot be said to have improved.
@@ShawnHartmann-ul2qk everyone else whos selling milk will loose money and act accordingly.
@@ShawnHartmann-ul2qk That's true, but if you have really a lot of milk, you can at least compensate the economic losses and even overcome them.
I have relatives residing in Moscow and St. Petersburg. They own businesses. They said after sanctions were put into place they have seen a noticeable reduction in revenue. Life for them at this time is stressful.
No problem slava russia
TRUMP IS GOING BACK AGAIN.
war is unhealthy for women, children and other living things. very sad.
@@EduardoOliveira-zx4yj BACK TO THE BOOKING DESK!!!
Yes, the sanctions ARE working. They have sanctioned the eu and uk into permanent oblivion, soon they'll sanction the middle and working classes in the us as well, joining the precariat into permanent sanction-ship 😂
Oky lady America also should pay for the damage that caused in Afghanistan Libya Iraq and others ooh what a joke
Who do we pay?
Lol, the corrupt in power will steal all the money while the civilians continue to suffer. Let’s be real. Sending them money is pointless.
The WMDers are being truthful this time.
Who started the war, and what about the Minsk agreement?
The sanction don't make russia poorer it just hurts the west, because they still sell their ressources. Right now africa and india are in a very good position they got so much ressources for cheap prices from russia and china. If this goes on for any longer we will have not just russia and china competing against the west but india and africa too. Africas GDP is skyrocketing while the growth in europe and america went down.
the only sanction that has helped is the oil cap. what about the other financial sanctions?
How does ot helped? Even ukraine is buying russian oil indirectly.
Time to get old people outta office and power
Yo keep it up Yellen!
We're happy here in HK, working overtime on weekends to process all that billions flooding back from USA and Switzerland.
I heard HSBC working 24/7 now
@@freeloader247 yes
Excellent questions about a very real concern. Ty Fareed and Janet.
Team work can bring peace.
Together, Everyone Achieves More! TEAM
Russia is just waiting for the F-16 to be destroyed like insects. The F-16 is an outdated model! F-16s will be beaten like flies in Vietnam! Remember Vietnam!?
I am grateful for your messages .
I would not put my money in jail
Yes, they're working, the other way round.