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You are here News Economy IMF poised to print billions of dollars in 'global quantitative easing'

IMF poised to print billions of dollars in 'global quantitative easing'

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The International Monetary Fund is poised to embark on what analysts have described as "global quantitative easing" by printing billions of dollars worth of a global "super-currency" in an unprecedented new effort to address the economic crisis.

Should the move, which is up for discussion by the summit of G20 finance ministers this weekend, be adopted, it will represent a global equivalent of the Bank of England's plan to pump extra cash into the UK economy.

TVNL Comment: Making money out of nothing while creating a currency for the pending one world government. Remember...America was started mostly to get out of the grip of the private Bank of England.

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