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News Link • Economy - Economics USA

IMF Plots Role as World's Central Bank?


IMF says worth exploring borrowing from markets ... The International Monetary Fund said it was worth exploring ways that the global institution could borrow from financial markets at short notice to raise additional funding for its lending programs. In a paper that looks at progress by the Group of 20 major economies in reforming the global monetary system, the Fund said building confidence in the IMF's ability to respond to crises may warrant looking at alternative ways of fund-raising, including turning to markets. – Reuters

Dominant Social Theme: The world's economy is a disaster. The IMF is the logical choice to lead the way to a brighter banking future in a consolidated, centralized, world economy. It says so itself.


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