What happened to Russia’s gold and foreign currency reserves? Will there be a default?

Summary:
This was linked to in the Links post earlier but it is worth promoting since the author understands the basics of MMT about currency sovereignty.The Vineyard of the SakerWhat happened to Russia’s gold and foreign currency reserves? Will there be a default?https://vc.ru/finance/379827-kuda-delis-rossiyskie-zolotovalyutnye-rezervy-i-budet-li-defolt (Russian)translated by the Saker Translation communityhttp://thesaker.is/what-happened-to-russias-gold-and-foreign-currency-reserves-will-there-be-a-default/

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