IMF poised to print billions of dollars in ‘global quantitative easing’
This is a interesting article, what I want to know is how the IMF is getting the ability to issue currency like a central bank? As stated in the article, they will be issuing SDR’s (Special Drawing...
View ArticleChina calls for new global currency to replace dollar
The calls for a replacement to the dollar is getting more pronounced everyday. China has really pushed for the IMF to use SDRs (Special Drawings Rights) as the super-sovereign currency used between...
View ArticleRussia backs return to Gold Standard to solve financial crisis
Personally I think all this talk about going back to the Gold Standard really points to the underlying problem that we have seen over and over throughout financial history. Having an honest...
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