Note “IMF Currency” is the SDRs
Yellen used to be at the Fed, now she is at the Treasury
Kennedy (Louisiana) is saying that it is illegal to issue SDRs backed by the dollar without Congressional approval. But apparently Yellen can get away with it.
Distribution of these “monies” is supposed to help “poor countries” but apparently the distribution is far from that. To me it looks like a ploy to get “liberal” support to help the poor when in fact it will benefit countries that don’t need it, like China, Russia, Syria, Iran. 70% would go to G20 countries.
Only 3 percent would go to those most in need. Yellen “It would help some of the neediest countries”……the best lies…..