domenica 4 dicembre 2011

Raw inflation via SDRs is next in central banking's scheme



Alasdair Macleod: Raw inflation via SDRs is next in central banking's scheme

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1:10p ET Saturday, December 3, 2011
Dear Friend of GATA and Gold (and Silver):
Economist and former banker Alasdair Macleod writes today that raw monetary inflation via the cashing of Special Drawing Rights from the International Monetary Fund likely will be the next step by central banks to save bankrupt nations, last week's currency swaps having been undertaken to rescue insolvent banks. Macleod's commentary is headlined "Currency Swaps -- the Beginning of a Solution?" and it is posted at GoldMoney's Internet site here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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