IMF poised to print billions of dollars in 'global quantitative easing'

The International Monetary Fund is poised to embark on what analysts have described as "global quantitative easing" by printing billions of dollars worth of a global "super-currency" in an unprecedented new effort to address the economic crisis.

//snipurl.com/dy8bl


From Information Clearing House

--------

Monetary and fiscal failure, fraud, and fear of what’s next

Freedom's Phoenix
by Stephen Lendman

03/17/09

Even the powerful are worried with the IMF on February 7 saying advanced economies are in ‘depression (and) the worst cannot be ruled out.’ Forecasting a 2010 recovery is ‘very uncertain’ at this time as further financial turmoil may disrupt it regardless of policies adopted, and trouble is outpacing resources to alleviate it. … America is for sale as a commodity. Serfdom is planned for most people, and Obama is as much at fault as Bush so let’s be clear. He’s either a consenting co-conspirator in the looting of the country or a willing dupe letting it happen in his name. Either way, he’s part of a crime syndicate driving world economies and most people everywhere to ruin to enrich and further empower a select Wall Street elite — the same ones and their lobbyists that provided millions for his campaign...

//www.freedomsphoenix.com/Feature-Article.htm?InfoNo=047294


Informant: Thomas L. Knapp



//freepage.twoday.net/search?q=IMF
//freepage.twoday.net/search?q=economic+crisis
//freepage.twoday.net/search?q=fiscal+failure
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