Central banks’ determination to inflate

Print more money. Ruin economies.

Bruce

"The Fed, the UN, IMF, and European Central Bank all are creating money by the trillions behind the scenes to bail out EU banks and governments. [This will destroy the purchasing power of all currencies and collapse all economies. They do this because that is all they know how to do. Returning to sound money and free markets is completely foreign to their collectivist mind set.] GoldMoney Posted 2012 Jan 31 (Cached)

Similarly, the significance of any new IMF deal may initially slip under the radar screen of most politicians and a good chunk of the media, as it will be presented in the language of international bureaucracy rather than plain English. Nevertheless, the IMF has been steadily laying the groundwork for greater involvement on its part in bailouts since the 2008 crisis, and increasing its issuance of “Special Drawing Rights” (SDRs) – a kind of central bank currency."