SDR & the New Bretton Woods - Part Two
“The creation of an international currency unit, based on the Keynesian proposal, is a bold initiative that requires extraordinary political vision and courage”. – Governor of the People’s Bank of China
View ArticleSDR & the New Bretton Woods - Part Three
Have no doubt about it, the so called Global Currency Reset is already happening, and it’s happening by the International Monetary Fund restructuring the world’s wealth through the emerging markets....
View ArticleSDR & the New Bretton Woods - Part Four
“This is really an old lesson for a new era. At such a momentous time as this, we need to choose the ethos of 1944 over 1914. We need to rekindle the Bretton Woods spirit that has served us so well.” -...
View ArticleSDR & the New Bretton Woods - Part Five
At first there was nothing but an absolute whiteness. It was an endless emptiness of infinite possibility. With a whisper there appeared a single black dot in the middle of the white vastness. The...
View ArticleSDR & the New Bretton Woods - Part Six
“In recent decades, emerging and developing economies have become bigger players in the global economy. However, their representation at the IMF has not kept pace with these changes. The G20 will...
View ArticleSDR & the New Bretton Woods - Part Seven
“We deeply regret that the IMF quota and governance reforms agreed to in 2010 have not yet become effective and that the 15th General Review of Quotas was not completed by January 2014. Our highest...
View ArticleSDR & the New Bretton Woods - Part Eight
"We are working with Congress to approve the 2010 IMF quota legislation, which would support the IMF's capacity to lend additional resources to Ukraine, while also helping to preserve continued U.S....
View ArticleSDR & the New Bretton Woods - Part Nine
When I first started this blog I wrote a post titled China to Purchase the Federal Reserve. It was a very simple and broad explanation of everything we have been covering in this series. Let’s go...
View ArticleSDR & the New Bretton Woods - Part Ten
The previous posts in this series have specifically focused on the process and components of the shift towards a multilateral financial system dominated by the SDR and the International Monetary Fund....
View ArticleSDR and the New Bretton Woods - Volume One
When starting Philosophy of Metrics (POM) on December 31, 2013 I had no real idea what to write about. There were some general ideas which assisted in coming up with the name for the site, but outside...
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