Despite widespread support among the Democratic and neoconservative establishment in Washington, increasingly tough sanctions on personalities and oligarchs linked to personalities may actually end up hurting the United States and bolstering the ex-KGB agent in the long run, a Russia policy analyst told “Tucker Carlson Tonight” Thursday.
Host fox-news-flash” target=”_blank”>Tucker Carlson<
Russian and Belarusian flags wave during a wreath laying ceremony at the Victory Monument.
(Ramil Nasibulin TASS via Getty Images)
Ehrlich added that another consequence has been Russia further endearing itself to China – and due to it being blocked from the global banking system, the pair may seek to create a parallel monetary system, thereby weakening the dollar and putting its global fiat status at risk.
“Any state has to consider the risk that if it holds dollars as a reserve currency for its central bank, that those assets or other fiat assets that are under the control of the West could be frozen,” he said. “It frankly undermines our influence very directly.”
“What we’ve effectively done is starting to re-erect the Iron Curtain. It was our policy during the Cold War to try to integrate Russia with the West, to try to integrate them politically and economically. Instead, what we’ve done is isolate them. And so essentially, we’ve created a new North Korea, but this time with 6,000 nuclear weapons.”
“And so that doesn’t advance our national interests and frankly, it threatens global security.”
