#SDR #IMF #dollar #Treasury #BrettonWoods #gold #inflation #fiatcurrency #reserves #liquidity https://youtu.be/4N5Me8hsDJ4 Today we will look at the origins of the SDR and also at the recent news that the IMF is looking to issue or allocate $650 billion worth of SDRs in order to inject liquidity into the world's monetary system. This new allocation would more than double the supply of SDRs issued since its creation back in 1969 and will in our opinion lead to more general fiat currency debasement or inflation around the world. SDR Fact Sheet: https://www.imf.org/en/About/Factsheets/Sheets/2016/08/01/14/51/Special-Drawing-Right-SDR#:~:text=The%20value%20of%20the%20SDR,and%20the%20British%20pound%20sterling. IMF Executive Directors Discuss a New SDR Allocation of US$650 billion to Boost Reserves, Help Global Recovery from COVID-19: https://www.imf.org/en/News/Articles/2021/03/23/pr2177-imf-execdir-discuss-new-sdr-allocation-us-650b-boost-reserves-help-global-recovery-covid19 Currencies Today Are "IOU Nothings" by John Exter: https://www.aier.org/research/currencies-today-are-iou-nothings/ SUPPORT MANECO64: GOLD INVESTMENTS Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/ GlintPay App, Save and Spend in Gold - Use referral code MarioGlint79 https://glintpay.com/ Teespring Store: https://teespring.com/en-GB/stores/maneco64 https://www.paypal.me/maneco64 https://www.patreon.com/maneco64
post_id | 90,172,748 |
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author | maneco64 |
permlink | imf-to-issue-usd650-billion-of-who-owes-you-nothing-sdrs |
category | money |
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Thanks again for educating listeners and keeping us informed, @maneco64. When the resources begin to exhaust, one will start to understand rationing coupons' importance. Gold and Silver is one of the strongest measurer, of ones' fair share, of necessities, or a ration.
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author | cve3 |
permlink | qqzwzr |
category | money |
json_metadata | {"users":["maneco64"],"app":"steemit\/0.2"} |
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