Where is the trillion dollars coming from?

So the leaders of G20 offered $1.1 trillion (presumably based on the American dollar?) to pump into the IMF and World Bank; where is the money coming from? I thought all these countries are on the verge of becoming broke?

Is it based on credit? Money out of thin air? I guess the credit rating doesn't apply to any of these countries! (Especially America, which by the way, have like, what, over TRILLIONS of dollars in debt?)

They simply use taxpayers money, and we carry the burden of their spending into our grandchildren's generations and beyond.

Complete and total economic slavery to a piece of paper we call money.

Sad really.

It's not coming from anywhere. They are going to create those credits out of thin air, no one is giving the IMF any money.

I listened to NPR on my way home.

Supposedly, 250 Billion of this was "printed" by the IMF using their "special powers" to do so.

Now We have the IMF "creating" money as well.

uk.news.yahoo.com...

The new funds available through International Monetary Fund and other institutions included $250 billion of IMF reserve units called Special Drawing Rights. In addition, the IMF would see its own resources tripled, with up to $500 billion of new funds, of which $40 billion would come from China -- a significant step for the world's third largest economy.

[edit on 2-4-2009 by infolurker]

So another form of inflated currency? This money is not backed by anything? Just produced for the hell of it? Then...Why did the leaders not do it sooner?

That is also fishy about this current economic mess; for months the American government was perplexed as to how to solve this crisis. Then, literally overnight, world leaders meeting and decide to put "money of out thin air" into a global bank? Preposterous!

Obamanation and Congress probably just told them to charge it on the good old USA's American Express card. They dont have to pay it back for like 30 days or so. We are good for it. We are planning on winning the international lottery by then.

[edit on 2-4-2009 by justsomeboreddude]

I still don't understand this whole 1.1 trillion dollar thing. A trillion dollars may seem like a lot but on a global scale I don't think a trillion dollars is going to do much let alone jump start the world economy. How much money has the U.S government poured into bail outs, and look at the mess we are still in. In my opinion this is just a smoke screen to cover their rear ends while they usher in a new world order. Kinda like look what we are doing. See there is a legitimate cause to this whole G20 meeting thing going on.
Absolute rubbish in my opinion.
And you're right. nobody right now actually has the money on the books. It's made up kinda like Monopoly money.

The money is coming from something very magical called a PRINTER

Originally posted by biomehanika
The money is coming from something very magical called a PRINTER

Got that right. Hear that sound? That's the sound of the US Mint going into overdrive to produce all that money that Obama has been spending like a drunken sailor on liberty.

reply to post by biomehanika
THe money for the IMF is the biggest ponzi scheme since bernie madoff, and the Rothschilds have been pulling it off for a couple hundred + years now. Here's how it works. The following countries have pledged their money to the IMF: china 40 billion, japan 100 billion, the eu 100 billion, the usa another 500 billion to go with that already pledged 250 billion for a total of 750 billion, and then the imf pledges to sell 50 billion in gold reserves to extend more credit to third world nations, and another 250 billion will be funneled through the world bank. See this link:www.theglobeandmail.com...

Now, here's the scheme. All those pledges are really just agreements by the said countries to allow the imf and world bank to print out american dollars and pump it into foreign currency reserves for china, japan, and the eu. Those nations have agreed to keep that reserve currency in their holdings in exchange for something, and since the usa is the one needing to keep the dollar afloat, obama has promised our foreign counterparts something, and from what I have read in that article where I posted the link to, it's something to do with the hedge funds, and somewhere else in the fine print is our american sovereignty along with it. THen, that money is printed and loaned out to third world countries, at a good interest rate I am sure of, and both the world bank and imf make a nice ammount of money back, all using someone elses labor. Since the rothschilds own all 3 banks controlling this deal, (world bank, imf, world conservative bank for third world countries), they have nothing invested, for they are the ones printing the money.
Now, all that the Rothschilds are out of is the cost of the printing paper. To print one single piece of paper money only costs 2.5 cents per note, but, the note is to be paid back the entire face value of that note. If a 20 dollar piece of paper money is printed, it only cost 2.5 cents to print, but whomever borrowed that 20 bucks has to pay back the entire 20 bucks, with interest! Nice little scheme, no? So, the countries who have pledged to invest their monies, let's say china. They pledged 40 billion, so, now when china said they wanted 40 billion worth of printed currency, they tell whomever is printing the cash just how many pieces of actual paper currency they want. Of course, they have to take so many pieces of that paper so they can place it in their banks to be loaned out in their country to their people.
I hope this opens up a lot of folks eyes as to how the new world order is operating and just who's behind it all now.

reply to post by thewind


Some one please tell me that's not how it works.

NEW. WORLD. ORDER.

Sh*t has officially hit the fan.

I really hope it doesn't work like that.