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SDR Currency & Emerging Market Meltdown

SDR Currency & Emerging Markets Meltdown Pj de Marigny, DITMo Strategie Director, GARP, S. California Chapter 22Sep2011, Newport Beach, CA. Just after two years, the SDR allocation increased to $400B (+$161B) for Emerging Markets liquidity bailout 28Aug2009. The SDR, a reserves mechanism facilitating the Bretton Woods’ currency-fiat-pegging system set the USD at .888671 grams of gold per dollar. In 1973 […]