Posts Tagged ‘special drawing rights’

India’s run on the U.S. dollar to buy 200 tonnes of gold from the 403.3 set to be sold by the International Monetary Fund set the precious metal to an all-time high value of $1,081+, meaning the  inflated dollar has crashed to an all-time low as the U.N. reports a drop in U.S. wages.

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At the heavily protested World Bank-International Monetary Fund (I.M.F.)  meetings with global finance oligarchs, a U.N. undersecretary-general suggests special drawing rights (SDRs) from the I.M.F. as a world currency. Such a policy would turn the I.M.F. into the global central bank.

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Rep. Ron Paul (R-TX) takes questions on the Federal [sic] Reserve, fiat money and U.S. imperialism in the wake of his most recent book, End the Fed, on al Jazeera’s (AJE) “The Riz Khan Show” (22:25):

Part One (10:55):

Part Two (11:30):

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Masses in opposition to globalization demonstrated in Pittsburgh, PA against the meeting of oligarchs from the Group of 20 industrialized nations (G-20). The militarized police assaulted protesters, curbed free speech, and made overt threats to ensure the elite attendees of the highly politicized G-20 Summit were pleased.

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