Sunday, September 15, 2013

IMF needs Reform -S U Turkman


We must not ignore US Dollar is IMF Currency and without IMF guarantee of Letters of Credit System, hardly any World Trade can take place. The Problems with IMF explained above have to be fixed and for that I recommend Reformation of IMF through UN action because IMF is a branch of UNO. IMF was formed in Brettons Wood, USA in 1944 and Members of UNO were told to attend that Meeting. Similarly, UN General Assembly can pass a Resolution ordering reform of IMF with a detailed new Rules and Guidelines. Its possible that White Race richest US Allies and USA may take this matter to UN Security Council but since Security Council was not formed for any such purpose, China and Russia can conveniently veto any discussion on stopping Reform of IMF.
Have played the Board Game called 'Monopoly'?
Would you like to be a Player, where one of the Players can never lose because the Bank keeps giving him Loans, while he keeps going out of Money again and again by coming up by keep printing new Fake Game Money?
Well, USA and her Richest White Race Allied countries Turkish Bath Members are like that Player in World Monitory System Monopoly and IMF is the Bank. Don't get me wrong. IMF wants nobody to lose and wants to keep all Players in the game but it wants them to be constantly used by its favorite Player, the Club to keep them stay on the top and keep living off Money of other countries.
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Now the questions you may ask are, ...
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1. ... how are we going to force IMF to impose Economical, Monitory and Financial Reform on this Turkish Bath Club?
2. ... which Currency can we replace US Dollar with?
3. ... what if China or Japan refuse to make her currency, World Trade Currency as replacement of US Dollar?
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My answer to question 2 and 3 is, we do not need any country's currency to become World Trade Currency. IMF can create its own Non Printable Currency Unit and devalue or appreciate any currency of world against it. Now I think, you may have already gotten answer to your Question Number One. If not, the answer is, once IMF Currency Unit comes out, the great Tool of fixing Exchange Rates of all Currencies against it would definitely make the Reformed IMF impose Economic, Monitory and Financial Reform on USA and all her Richest White Race Allies, not on rest of world.
It would be a part of Reform that IMF would not remain in Loan Granting Business since Reform would mean, no creation of Artificial Money through just debiting accounts of countries. Only the countries that have Foreign Exchange Surplus would be granting Loan, not IMF.
IMF's job would be to devalue a Currency against new non-printable IMF Currency Unit if its country importing more than she is exporting and order that country to implement Economic, Monitory and Financial Reform immediately. If a country fails to reach the Target within due time, it would just get devalued more. It would keep getting devalued until the right results are achieved. If it keeps failing constantly, either that country will have to get a Loan from a country that has Surplus F.E. Reserves or Letters of Credit issued by its Banks would be declared Non Negotiable by Banks of rest of countries of world on orders of IMF, the Guarantors of Letters of Credit since this system was created by IMF in 1944.
If anybody needs further details, how this reform would work, I can explain in much more detail.
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False Theories:
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Because of fake Monitory System and Environment created by IMF (working for the Richest White Race Allies of USA and USA only), rest of the world thinks that only way to advance and prosper a country is to accumulate tons of Foreign Exchange.
This Theory would be proven wrong after we are done with IMF Reform though its not wrong that every nation that earns more Foreign Exchange than it spends can bring prosperity to its people.
The Reform would not hinder any such countries but it would not remain prejudicial against Non Turkish Bath Club countries, letting them advance and prosper either. It would increase World Trade because all countries that have been kept behind by this malicious game of IMF would start prospering also.
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This Reform that I am proposing would end depletion of Standard of Living of people not only in rest of world but also in 'the Club'. It would cause Economic Growth and increased World Trade because Purchasing Power of all people of world would increase once World Monitory System is stabilized.

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