Sunday, April 11, 2021

SDR creates its own fiat currencies out of thin air

There's IMF has allegedly been given power to create its own SDR fiat currency in order to provide stimulus to member nations. This first currency will generate more of the main currencies in use via their Central Banks - yes, the Central Banks create currency at will. This debases currencies and destroys savings. It makes national debt easier as it is has been agreed the SDR will be lent without interest.

We still get to pay interest though. 
They create currency from nothing.
They lend it via their Central Banks to government bank. I have a strong suspicion that although the Central Banks will not pay interest, they will charge some interest to the government banks, which will be passed down the food chain.

This video hints at part of the picture. You have to understand the Central Banking System to connect the dots as I have. 

https://youtu.be/CKvdPoRb_8k


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