Confiscating Russian assets would be ‘cataclysm’ for dollar – Nobel Prize winner ...News

Russia Today - Economy
Confiscating Russian assets would be ‘cataclysm’ for dollar – Nobel Prize winner
The unprecedented step would push countries to use alternative currencies, Robert Shiller has warned The dollar’s standing as a reserve currency would be jeopardized if the West confiscates frozen Russian assets to aid Ukraine, Nobel Prize-winning economist and Yale University professor Robert Shiller said in an interview with Italian news outlet La Repubblica published on Sunday. According Shiller, seizing the assets would give the global community, especially countries which, like Russia, “convert their savings into dollars and thus entrust them in the reliable hands of Uncle Sam,” grounds to doubt the US curren

Hence then, the article about confiscating russian assets would be cataclysm for dollar nobel prize winner was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Confiscating Russian assets would be ‘cataclysm’ for dollar – Nobel Prize winner )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy


Latest News
before 2 hours & 41 minute