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lquadland10 (< 20)

I can only pray the Fed will end.

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March 21, 2011 – Comments (4) | RELATED TICKERS: SLV , AUY , POT

Total Bliss would be the End of all the IMF'S.

4 Comments – Post Your Own

#1) On March 21, 2011 at 4:53 PM, PeteysTired (< 20) wrote:

I saw an article on Yahoo today about how the IMF said that Japan's destruction will be good for the economy in the long term.  It was an AP story.  I am not kidding.

My real question is where does the IMF get its money?  Does the Fed give this organization money?  Is this just digital money created out of thin air too?

 

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#2) On March 21, 2011 at 5:27 PM, Dow3000 (< 20) wrote:

http://www.house.gov/jec/imf/11-18-03.pdf

 

IMF funding article

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#3) On March 21, 2011 at 5:34 PM, Starfirenv (< 20) wrote:

http://www.bloomberg.com/news/2011-03-21/fed-must-release-bank-loan-data-as-high-court-rejects-appeal.html

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#4) On March 22, 2011 at 12:25 PM, L0RDZ (84.12) wrote:

But than they can't earn 6% dividends on their imaginary assets or so called contributions.

I think the briitsh overlords would say nay. I think those in switzerland also would not be pleased.

As to the Japan issue, fortunately or unfortunately because of the circumstance, you will see an economic benefit.

Why ?  

You'll have inelastic demand  for lots of items.

Think of all the new houses, cars, clothes, infrastructure, etc etc.

People will be replenishing almost everything they had lost in the devastation.

The IMF what a scam.  but the devastation and the recovery is real.

 

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