Subject:
IMF The International Monetary Fund (IMF) is an international organization that oversees the global financial system by following the macroeconomic policies of its member countries, in particular those with an impact on exchange rates and the balance of payments. It is an organization formed with a stated objective of stabilizing international exchange rates and facilitating development. It also offers highly leveraged loans, mainly to poorer countries. Its headquarters are in Washington, D.C., United States. (Wikipedia Jan 2010)
International finance
By John Schroy, on May 23rd, 2009 |

Who determines the ‘world reserve currency’? Central bankers? IMF officials? College professors?
The answer is ‘none of the above’. In an open, global economy, the world reserve currency is determined by the judgment of millions of importers and exporters in many countries.
The world reserve currency is decided by consensus and the personal decisions of exporters as to what currency they will accept for their goods.
On this basis, it’s too early to count the dollar out.
The threat of inflation
By John Schroy, on March 31st, 2009 |

The supremacy of the US dollar is not yet dead, but portents of a fatal cancer — inflation — are there for all to see.
The extreme, profligate spending of the Obama administration, combined with populist, irresponsible bank lending policies promoted by Barney Frank and Chris Dodd, portend rising interest rates, the collapse of the bond market, and the end of dollar supremacy.
Furthermore, a large part of the American electorate doesn’t understand or is unaware of what lies ahead.
Capital Flow Analysis
By John Schroy, on March 10th, 2006 |

In 1993, after thousands of hours of committee work by economists and bureaucrats from all nations, the United Nations, with the blessing of the International Monetary Fund, issued a recommendation for a System of National Accounts (known as SNA 1993).
Compared to the Federal Reserve National Flow of Funds Accounts, the United Nations SNA 1993 is not a product that is ready for prime time.
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