IMF one-off capital levy

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  1. #1
    Is Doin It 4 Da Shorteez
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    IMF one-off capital levy

    This is proof positive that government bonds have proved not to be a reliable store of value.
    Luckily the IMF has no control here in the US as were are not indebted to them.

    http://www.imf.org/external/pubs/ft/...pdf/fm1302.pdf
    William F. Buckley describes a conservative as, "someone who stands athwart history, yelling Stop." - and then proceeds to drag civilization back to times best left in history's dungheap.

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    the bond market will pick up when interest rates start to rise

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    Quote Originally Posted by ctr10 View Post
    the bond market will pick up when interest rates start to rise
    yep but it's another catch 22. When interest rates rise debt based consumption will decrease.
    William F. Buckley describes a conservative as, "someone who stands athwart history, yelling Stop." - and then proceeds to drag civilization back to times best left in history's dungheap.

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