Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

Why Did U.S. SDR Holdings Increase Five Fold In The Last Week Of August?
ZeroHedge.com ^ | October 12, 2009 | Tyler Durden

Posted on 10/12/2009 3:26:55 PM PDT by crosstimbers

With everyone lately focused on China's foreign reserve position, analysts have forgotten that America also has an International Reserve account consisting of foreign currency positions, as well as gold reserves and equivalents. And while the total combined holdings as of the most recently reported period are a joke compared to China's $2+ trillion, the most recent number of $133.6 billion does raise red flags, particularly when one traces this number's level throughout the year.

We present a graphic representation of the US International Reserve Position over the past year:

(Excerpt) Read more at zerohedge.com ...


TOPICS: Business/Economy; Government
KEYWORDS: debt; dollar; economy; fed

1 posted on 10/12/2009 3:26:55 PM PDT by crosstimbers
[ Post Reply | Private Reply | View Replies]

To: crosstimbers
The IMF needed funds. The administration obliged. The IMF needed to allocate (redistribute the wealth) to other countries. The disproportionate injection of dollars helps weaken the dollar and the whole ‘wealth redistribution’ concept makes obama’s people salivate.
2 posted on 10/12/2009 3:56:59 PM PDT by allmost
[ Post Reply | Private Reply | To 1 | View Replies]

To: crosstimbers

war by other means

treason by other means


3 posted on 10/12/2009 5:33:37 PM PDT by usshadley (It's time to choose..the empire or the republic? You can't have both. Time is running out.)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson