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In this first episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau debunk two failed economic orthodoxies shaping our world. First, they dismantle the narrative that Europe is helping Ukraine – and striking a powerful blow against Russia – by raiding Russia’s frozen assets. More than this being legally questionable, is it also economically and geopolitically self-defeating? Next, they expose the “battle” between central banks and anti-establishment crypto rebels as a false choice, revealing it as a dangerous illusion that serves the powerful. Far from being revolutionary, are stablecoins turbo-charging financial instability for the next global crash?
Watch it on the UnHerd website: https://unherd.com/watch-listen/should-europe-seize-russian-assets-is-a-crypto-crisis-looming/
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