by Vixen » Fri Feb 01, 2013 9:48 am
2-1-2013 *Adam Montana ~[Who is ultimately responsible for pushing the button on the currency reset for any country? There are so many opinions out here, IMF, WTO, BIS, etc. Who actually is the implementer?] I can't go through the entire world and list all the countries, but in this case the CBI is in charge of the "button". When they say the rate goes up - up it goes! Of course, they need to have the support of the outside market to make it a huge success, which is why they didn't just arbitrarily do it years ago. They have worked steadily towards a stable and powerful supporting system in order to make this work. The UN has stated they are compliant, Kuwait has forgiven most all of the debt, the US is backing them, and they should have no problem supporting a higher rate when the CBI says it is time.