The IMF is now the final layer of fake money shell game "liquidity"

Willem Middelkoop is interviewed by Daniela Cambone.  

The summary is that without much fanfare, the IMF (Imaginary Monetary Fund ;  ) has used their fake, unbacked by even the possibility of taxation, fiat currency called SDRs to shore up the global debt Ponzi.  So let's back this up so that the depth of the debt shell game is completely understood.

Sovereign states, which have all been corrupted by the acceptance of fake money as if it were real, conjure cash up out of thin air in order to pay their bills.  Cash flow is needed by the criminal cartel in order to continue paying corruption capos to do their bidding. They get that cash by selling their debt to others.  When others don't want to buy more debt, the central bank of each sovereign has to buy the debt so that the sovereign has cash flow.  

But that cash is now showing up on the balance sheet of the central bank and it is very obvious and glaring.  It is proof positive that the central banks are monetizing the debt which is essentially to say, they are inflating it away right along with any cash being held by the public.  That means cash not only in bank accounts but in stock accounts, bond funds, IRAs and 401ks.  Inflation is where the government sneakily puts its hand in your pocket, steals some of your wealth, and then gives some of it back to you and shares the rest with whoever needs to be paid off in order to buy their vote.

Now, years ago the IMF was created and you can go read about that.  But the IMF lives on funds that are pledged by all the member nations.  These funds are called quotas.  It's essentially a pay according to ability scheme.  So with funds from these "quotas", many of which are not actually paid but simply pledged or promised, the IMF claims to have "assets".  Well, in a fractional reserve system, those making the rules can just say "oh, he has assets, that means he has good credit because he has good collateral, thus he can make loans that exceed total assets".

Remember folks, the IMF was created in order to loan the serf countries enough money to pay their bills to the master countries.  Here you can find a list of IMF loans outstanding.

 

What Middelkoop points out is that the IMF is now loaning cash to the big sovereigns who in fact fund the IMF.  You can't make this shit up.  It is a total debt Ponzi, a true shell game of debt.  So what has happened is that the IMF used reserves that were provided by member countries to give them loans which likely exceed the amount that they paid in. In this way, the IMF boosts "liquidity" to member countries without adding debt burdens directly to their balance sheets.  Why?  Because the debt is held by the shell company known as IMF.

These shell games can go on for a long time but they inevitably bust and when it busts this time a lot of people are going to lose everything.  And as I have warned you many times, the shelves will go empty, the services will stop, crime will be rampant and yes, people will starve to death.  The US will probably break up into multiple bickering entities with strong borders between them.  The degree to which this Ponzi has been pumped has never before been seen on this planet.  The bust will be just as bad.

His bottom line? "Get out of the banks".