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Kudlow: Create a run on the ruble

Monday, 21 Jul 2014 | 2:15 PM ET

CNBC's Larry Kudlow explains how the U.S. could reduce the value of the Russian Ruble and put the Russian economy in recession by the using the Exchange Stabilization Fund. Kudlow says the downing of MH17 is a game changer and Putin is waging a proxy war.