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<p>[QUOTE=&quot;Cloudsweeper99, post: 895804, member: 3011&quot;]Regarding the first statement, it isn&#039;t a possibility, it has already occurred.&nbsp; What we can&#039;t know is how far they will take it in the future.</p><p><br /></p><p>Regarding the second, SDRs are used as a currency and reserve asset in transactions among central banks.</p><p><br /></p><p>Regarding the third, the IMF cannot tax yet, it merely assesses.&nbsp; But the point you missed is that it has also issued SDRs backed by its own debt, not member contributions.&nbsp; So it no longer needs assets to issue them and is experimentally being used as a fiat currency among central banks.</p><p><br /></p><p>You are correct that the USA can probably veto any IMF action, but they didn&#039;t veto the issue of fiat SDRs backed by debt.</p><p><br /></p><p>I can&#039;t make you believe in the reality of what actually happened since it conflicts with your belief system.&nbsp; Right now, SDRs are not an important or large fiat currency.&nbsp; But there are debt based SDRs circulating out there.&nbsp; </p><p><br /></p><p>I posted in this thread for others to read and make up their own mind.&nbsp; It isn&#039;t my job to force people to believe or disbelieve.&nbsp; So I&#039;m finished here and you can have the last word.[/QUOTE]</p><p><br /></p>

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