IMF

IMF Say US Must Raise All Taxes and Cut All Benefits by 35%

IMF Say US Must Raise All Taxes and Cut All Benefits by 35%

The IMF, in a working paper, states We find that, under our baseline scenario, a full elimination of the fiscal and generational imbalances would require all taxes to go up [...]

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IMF to Manage New World Currency?

IMF to Manage New World Currency?

For those who worry about a single world currency (and a single world government), the Daily Bell speculates on how the IMF might turn their SDRs into that world currency. [...]

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Simon Johnson: “Quiet Coup” Prevents Solution To Economic Problems

Simon Johnson: “Quiet Coup” Prevents Solution To Economic Problems

FINANCIAL OLIGARCHY RUINING THE ECONOMY “… recovery will fail unless we break the financial oligarchy that is blocking essential reform. And if we are to prevent a true depression, we’re [...]

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IMF Sells 200 Tons of Its Gold, Market Unfazed

IMF Sells 200 Tons of Its Gold, Market Unfazed

Image by Getty Images via Daylife A large sale of gold like would normally disrupt the gold market. Not this time. IMF’s gold deal with India seen supporting the price [...]

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