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IPFS News Link • Currencies

Shocking New IMF Report


The IMF is trying to move the world away from the U.S. dollar and towards a global currency once again.  In a new report entitled “Enhancing International Monetary Stability—A Role for the SDR“, the IMF details the “problems” with having the U.S. dollar as the reserve currency of the globe and the IMF discusses the potential for a larger role for SDRs (Special Drawing Rights).  But the IMF certainly does not view SDRs as the “final solution” to global currency problems.  Rather, the IMF considers SDRs to be a transitional phase between what we have now and a new world currency.  In this newly published report, the IMF makes this point very clearly: “In the even longer run, if there were political willingness to do so, these securities could constitute an embryo of global currency.”  Yes, you read that correctly.  The SDR is supposed to be “an embryo” from which a global currency will one day develop.  So what about the U.S. dollar and other national currencies?  Well, they would just end up fading away.

CNN clearly understands what the IMF is trying to accomplish with this new report.  The following is how CNN’s recent story about the new IMF report begins….


1 Comments in Response to

Comment by Duane Williams
Entered on:

And...the IMF will substitute another fiat currency, for this failed fiat currency...big change...yea! and one the people can believe in no doubt! Until they...the bankers suck all the people of the world dry, and finally get to own it all!!! Then we rent from them, and with our bio card implanted, they can cut us off in an instant, if we are not obedient slaves!!