Janet Yellen comes clean on seizure of Russian assets: Treasury Secretary admits using economic sanctions to punish other countries is backfiring on U.S. and killing the petro dollar
We all knew she was lying when she denied just a few weeks earlier that seizing $300 billion in frozen Russian assets amounted to 'theft'
Treasury Secretary Janet Yellen admitted earlier this month that U.S. sanctions levied against other countries are driving nations to de-dollarize and commit to trade agreements that use currencies other than the U.S. petro dollar.
Yellen admitted this in the wide open during a House Financial Services Committee hearing on July 9th.
Rep. Blaine Luetkemeye…
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