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  • The IMF Can Print Money Like a Central Bank

    George Washington’s Blog
    Tuesday, Oct 28, 2008

    In an article entitled “IMF may need to ‘print money’ as crisis spreads”, the Telegraph reveals that the IMF has the power to create money just like the Federal Reserve:

    “The nuclear option is to print money by issuing Special Drawing Rights, in effect acting as if it were the world’s central bank. This was done briefly after the fall of the Soviet Union but has never been used as systematic tool of policy to head off a global financial crisis.

    ‘The IMF can in theory create liquidity like a central bank,’ said an informed source. ‘There are a lot of ideas kicking around.’”

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    9 Responses to “The IMF Can Print Money Like a Central Bank”

    1. BrandonFW Says:

      Jesus why dont we all get our own banks and print as much as we can. Isn’t that the whole idea behind catch me if you can. He got caught then probably taught the feds how to create money out of the air.

    2. A Patriot Says:

      Well – wouldn’t it be most excellent if we could create a non-profit bank that lent low or no interest loans to the 9/11 Truth Community?

      It is quite possible that this could be accomplished.

      I am currently trying to create a grass roots movement to create such a bank for the MENSA community as a prototype of how this can be done.

      Let’s take the power of the coin back from the money changers – and return the power to the people!

      Viva la Revolution!!

    3. RDAnys Says:

      How ’bout some clarification here? WHAT CURRENCY WOULD / DID THEY PRINT MONEY IN???? Do they print in EVERY currency that has a problem? Do they print in a special IMF currency? Who takes such currency in trade for products/services? Is it just Interbank/Intercountry species to allow them to loan to each other?

      We need a LOT more information than this report provides to recognize how / if we need to deal with this.

    4. Paul D Says:

      They want to print a global currency. The whole idea behind wrecking the world economy is to push hard for a global currency. One which the IMF and the World Bank will be able to regulate. Control a nations money supply, control the country. Control the worlds money supply and you control the world.

    5. Rich Says:

      The IMF, international monetary(banking) fund/s(cartel), Hmmmmmmm, N W O ? Didn’t some Zionist come up with this idea a few hundred years ago or so? Wasn’t his name Bauer or some such who had a red shield on his storefront in Germany, let’s see in German that’s “Rothschild” ? Very suspicious, don’t you think? Ron Paul for President. Write him in.

    6. global plantation serf Says:

      Unless we signed a treaty I doubt this is Constitutional.

      But I do trust my Democrat and Republican representatives to sell me for a bag of magic beans.

      Oh yes I am a robot. I will vote Democratic and Republican. They cause such good things to happen! I TRUST THEM! I WILL NEVER VOTE FOR RON PAUL OR CHUCK BALDWIN OR BOB BARR OR RALPH NADER BECAUSE I AM A GLOBAL PLANTATION SERF AND I HAVE NO CHOICES!

    7. Ruth Says:

      SDR’s go back to the 1970’s. Some were issued then.

    8. the nationalist Says:

      Rev. And the beast put under compulsion, the free, and the slaves, small, and great, that they may neither be able to buy nor sell without taking the number of the beast.

      So if you don’t go along with the new United Nations currency you will become destitute and die.

      “All those who took the number of the beast died. ”

      Lose/ lose situation. Just remember, “the meek shall inherit the earth.” Matt 5:5 Not the most viscious, strongest, wealthiest, the one with the most guns, or ammo.

    9. laurie Says:

      The IMF controls waterrights in the contries it bails out…


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