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Righting the Record: Claims that SDRs “Help US Enemies” Are Baseless

In August of last year, the International Monetary Fund (IMF) responded to the COVID-19 pandemic and the resulting global economic crisis with a new allocation of $650 billion worth of Special Drawing Rights (SDRS). These assets serve to supplement the…

In August of last year, the International Monetary Fund (IMF) responded to the COVID-19 pandemic and the resulting global economic crisis with a new allocation of $650 billion worth of Special Drawing Rights (SDRS). These assets serve to supplement the foreign reserve holdings of countries, thereby helping stabilize their finances and avoid balance of payments More

The post Righting the Record: Claims that SDRs “Help US Enemies” Are Baseless appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Michael Galant.


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» Righting the Record: Claims that SDRs “Help US Enemies” Are Baseless | Michael Galant | Radio Free | https://www.radiofree.org/2022/04/18/righting-the-record-claims-that-sdrs-help-us-enemies-are-baseless/ |

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