This gave me a cool idea. If anyone demands the debt payments from Russia, Putin should simply say "We have given the instructions to the Federal Reserve to disburse the payments. So at this point its your money thats frozen there not ours"
And just like that all the bond holders need to sue the Fed to release those funds to them. Imagine what a lawsuit like this can bring out!
This gave me a cool idea. If anyone demands the debt payments from Russia, Putin should simply say "We have given the instructions to the Federal Reserve to disburse the payments. So at this point its your money thats frozen there not ours"
And just like that all the bond holders need to sue the Fed to release those funds to them. Imagine what a lawsuit like this can bring out!
Awesome.