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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: bart13 who wrote (86069)1/18/2012 6:56:33 PM
From: Giordano Bruno  Respond to of 218621
 
Noted. Helps explain money heaven as well.



To: bart13 who wrote (86069)1/19/2012 1:11:33 AM
From: Maurice Winn2 Recommendations  Respond to of 218621
 
The words < IMF seeks $600 billion more > have meaning. "Seeks" means, "is looking for". If they simply print their own money, then they don't really "seek" it any more than opening the refrigerator and finding something there ready to go. < Amazing that you apparently think that the IMF always has to borrow from others to spend or fund things. > They could borrow from the people they are going to lend to. UK prints a few billion pounds, lends them to the IMF. IMF says to Britain "Hey we have a lot of pounds here. Would you like to borrow them? Britain says "Spiffing idea. Sold."

I have no idea what section 13 says.

Mqurice



To: bart13 who wrote (86069)1/19/2012 1:21:42 AM
From: elmatador  Read Replies (1) | Respond to of 218621
 
IMF is "a pool which could be borrowed from, on a temporary basis, by countries with payment imbalances."


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