Financial tools — OFAC designations, asset freezes, correspondent-account restrictions — the US uses to cut countries, companies, or individuals off from the dollar system. William Hockey describes sanctions as "the first end to war": the ability to shut someone out of SWIFT and US Correspondent Banking is a coercive lever that arrives long before military action. The whole toolkit rests on Dollar Hegemony, which is why Hockey treats it as worth defending.
Sanctions
Connected (8)
- Correspondent Banking Linked both ways · References
- Dollar Hegemony Linked both ways · References
- Eurodollars Linked from · References
- How to bet on yourself (without venture capital) Linked from · Learning
- Russia Linked from · References
- SWIFT Linked both ways · References
- US Dollar Linked from · References
- William Hockey Links to · Learning