tag:blogger.com,1999:blog-3758330678390419129.post1309376272718778982..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: The IMF is Using SDRs to Bailout the UkraineRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-3758330678390419129.post-39610474338698571432014-05-07T10:04:05.930-04:002014-05-07T10:04:05.930-04:00Unleash the economic hitmen!Unleash the economic hitmen!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-83405888266586962062014-05-05T19:12:08.708-04:002014-05-05T19:12:08.708-04:00The SDR program was reasonably dormant until the I...The SDR program was reasonably dormant until the IMF approved a US$250 Billion General SDR Allocation in 2009 (their small part in ‘helping out’ with the global financial crisis ) http://www.imf.org/external/np/sec/pr/2009/pr09283.htm <br /><br />It is interesting that Jim Rickard's is raising the point in his recent book that due to central banks being tapped out, IMF SDR’s may be used for Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-21801648470529011262014-05-05T16:29:39.551-04:002014-05-05T16:29:39.551-04:00I wonder if the IMF rec'd the missing Ukrainia...I wonder if the IMF rec'd the missing Ukrainian gold?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-53095591634658207342014-05-05T15:04:13.538-04:002014-05-05T15:04:13.538-04:00Let's see. A quasi-world government agency ta...Let's see. A quasi-world government agency taxes bankrupt nations, who in turn tax their bankrupt people - all in fiat currencies not worth a bucket of spit. What could go wrong?<br /><br />I doubt Lagarde could balance her own checkbook, but here she is handing out loot she didn't earn to bail out corrupt governments from their own stupidity. Moral hazard, anyone?Stevehttps://www.blogger.com/profile/13156269157955500129noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-872849330544204672014-05-05T14:29:28.995-04:002014-05-05T14:29:28.995-04:00He sure did. Among many things he's been corre...He sure did. Among many things he's been correct about!<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-91516381597551392062014-05-05T14:04:55.634-04:002014-05-05T14:04:55.634-04:00Aw, come on...everyone has been watching/talking a...Aw, come on...everyone has been watching/talking about SDR's as a global currency for years now.<br /><br />There's nothing earth shattering in Rickards "call".<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-21554831974759913752014-05-05T12:37:56.210-04:002014-05-05T12:37:56.210-04:00fyi - Rickards called thisfyi - Rickards called thisAnonymousnoreply@blogger.com