To Protect American Taxpayers, the U.S. Must Block Massive Expansion of International Monetary Fund’s Special Drawing Rights

 SUMMARY There is a proposal circulating in Washington, under the pretext of aiding developing countries affected by the pandemic, to increase the amount of Special Drawing Rights (SDRs) available at the International Monetary Fund (IMF) by up to 2 trillion SDRs—about $2.8 trillion. If approved, this would amount to money printing on a global level. … Continue reading To Protect American Taxpayers, the U.S. Must Block Massive Expansion of International Monetary Fund’s Special Drawing Rights