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Re: [Pen-l] doubling global stimulus through SDRs (secret message for Obama entourage)
- To: Progressive Economics <pen-l@xxxxxxxxxxxxxxxxxx>
- Subject: Re: [Pen-l] doubling global stimulus through SDRs (secret message for Obama entourage)
- From: Jim Devine <jdevine03@xxxxxxxxx>
- Date: Wed, 28 Jan 2009 08:09:07 -0800
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Ann Davis wrote:
> One question is whether SDR's are more transparent and elastic than
> dollars. Further, is there the same question of monetary "anchor" as with
> dollars, and the appropriate coordinated public oversight?
are SDRs a substitute for US$? would the expansion of their supply
undermine the legitimacy of the US$ as the "world currency"? could
they turn into bancor?
--
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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- Thread context:
- Re: [Pen-l] Kristallnacht in Venezuela?, (continued)
- [Pen-l] The Return of Depression Economics by Paul Krugman reviewed by Ann Robertson,
Aroberts45 Tue 27 Jan 2009, 21:45 GMT
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Gernot Koehler Tue 27 Jan 2009, 21:10 GMT
- [Pen-l] The Earth is flat,
Julio Huato Tue 27 Jan 2009, 19:31 GMT
- [Pen-l] up Tom's alley,
Jim Devine Tue 27 Jan 2009, 19:15 GMT
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Seth Sandronsky Tue 27 Jan 2009, 19:07 GMT
- [Pen-l] Who profits from Israeli occupation,
Louis Proyect Tue 27 Jan 2009, 18:56 GMT
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