The IMF creates more money

The International Monetary Fund has created from thin air money, much money, and has distributed it with the order: Spend it! The idea is to combat worldwide deflation. The money is called Special Drawing Rights although tere are no notes or coins denominated in SDRs, nonetheless the SDR does play a role as an interest-bearing international reserve asset. The allocation of SDRs by the IMF boosts member countries’ reserves because SDRs can be turned into usable currencies. Thus, by virtue of the Fourth Amendment which became effective for all members on August 10, 2009 when the Fund certified that at least three-fifths of the IMF membership (112 members) with 85 percent of the total voting power accepted it. On August 5, 2009, the United States joined 133 other members in supporting the Amendment. The special allocation will be implemented on September 9, 2009. The US is going to be the largest beneficiary, with some 250 billion dollars worth of "rights".



To those who didnt know it, we do have a kind of soft World Central Bank, which is the IMF. Unfortunately, we Jews have little to do with it. IMF employees are extremely well paid.