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View Full Version : A Reformed IMF Deserves More Money, Though Not Just to Rescue Europe: View - Bloomber



NewsWhore
01-22-2012, 07:10 PM
A Reformed IMF Deserves More Money, Though Not Just to Rescue Europe: View (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGym3jsaC7TS0StMfjLdwesFeMTZA&url=http://www.bloomberg.com/news/2012-01-23/a-reformed-imf-deserves-more-money-though-not-just-to-rescue-europe-view.html)
Bloomberg
SDRs are the IMF's quasi- currency, which governments can hold alongside national currencies as international reserves. In effect, the creation of new SDRs expands the global money supply. The fund could exchange its new SDRs for national currencies ...

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