SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MythMan who wrote (383429)4/2/2009 8:31:52 AM
From: Terry Maloney  Read Replies (1) of 436258
 
I'm thinking it's just a head fake, but that's what the market seems to be saying alright.

Best I can tell, this is the happy news:

"The record $250bn increase in SDRs is shared between all IMF countries, broadly according to their size (on a quota basis).

Broadly the increase boosts every country's reserves and thus their liquidity.

It's particularly valuable for cash-strapped poorer countries or emerging economies.

But it's really the equivalent of creating money for all economies, including ours, or for the global economy."

bbc.co.uk

Got gold? <g>
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News