jonbyrnebtc on Nostr: Why is it hidden by the IMF who is the SDR issuer to El Salvador for the IMF loan ...
Why is it hidden by the IMF who is the SDR issuer to El Salvador for the IMF loan
Remember the IMF do not give the loan , they are a Parasitc Shitcoin Platform with their own Shitcoin called an SDR
They facilitate the SDR loans between countries only through their VTA Platform and charge fees .interest and demand fiscal policy changes
### Understanding Special Drawing Rights (SDRs), IMF Profits, and Transparency Issues
#### How SDRs Are Created
Special Drawing Rights (SDRs) are reserve assets issued by the International Monetary Fund (IMF) to member countries. They are not a currency but a unit of account based on a basket of major currencies (USD, EUR, CNY, JPY, GBP).
- SDRs are allocated to IMF member countries based on their quota (economic size).
- The IMF creates SDRs through new allocations, increasing global liquidity.
- Countries exchange SDRs for hard currency via the Voluntary Trading Arrangement (VTA), where nations with excess reserves provide liquidity.
#### How the IMF Profits from SDRs
The IMF earns revenue through various SDR-related mechanisms:
1️⃣ Interest Charges – Countries that use more SDRs than allocated must pay interest to the IMF, while those holding excess SDRs earn interest.
2️⃣ Service & Commitment Fees – Countries borrowing SDRs pay fees, adding to IMF income.
3️⃣ Exchange Fees – The IMF facilitates SDR-to-currency swaps and charges administrative costs.
4️⃣ Interest Rate Differentials – The IMF lends at higher rates than it pays out, generating a profit margin.
#### Lack of Transparency in the SDR System
🔹 No Public Record of Transactions – The IMF does not disclose which countries provide SDRs or their specific loan conditions.
🔹 VTA Counterparties Are Confidential – Countries buying or selling SDRs remain anonymous, limiting public oversight.
🔹 Closed System Controlled by IMF – Unlike Bitcoin, SDR transactions are not auditable by the public.
#### Conclusion
The IMF profits through fees, interest, and SDR trading, while keeping key financial details undisclosed. The lack of transparency makes SDRs a powerful tool for centralized financial control, in contrast to decentralized alternatives like Bitcoin that offer true financial transparency and sovereignty.
Remember the IMF do not give the loan , they are a Parasitc Shitcoin Platform with their own Shitcoin called an SDR
They facilitate the SDR loans between countries only through their VTA Platform and charge fees .interest and demand fiscal policy changes
### Understanding Special Drawing Rights (SDRs), IMF Profits, and Transparency Issues
#### How SDRs Are Created
Special Drawing Rights (SDRs) are reserve assets issued by the International Monetary Fund (IMF) to member countries. They are not a currency but a unit of account based on a basket of major currencies (USD, EUR, CNY, JPY, GBP).
- SDRs are allocated to IMF member countries based on their quota (economic size).
- The IMF creates SDRs through new allocations, increasing global liquidity.
- Countries exchange SDRs for hard currency via the Voluntary Trading Arrangement (VTA), where nations with excess reserves provide liquidity.
#### How the IMF Profits from SDRs
The IMF earns revenue through various SDR-related mechanisms:
1️⃣ Interest Charges – Countries that use more SDRs than allocated must pay interest to the IMF, while those holding excess SDRs earn interest.
2️⃣ Service & Commitment Fees – Countries borrowing SDRs pay fees, adding to IMF income.
3️⃣ Exchange Fees – The IMF facilitates SDR-to-currency swaps and charges administrative costs.
4️⃣ Interest Rate Differentials – The IMF lends at higher rates than it pays out, generating a profit margin.
#### Lack of Transparency in the SDR System
🔹 No Public Record of Transactions – The IMF does not disclose which countries provide SDRs or their specific loan conditions.
🔹 VTA Counterparties Are Confidential – Countries buying or selling SDRs remain anonymous, limiting public oversight.
🔹 Closed System Controlled by IMF – Unlike Bitcoin, SDR transactions are not auditable by the public.
#### Conclusion
The IMF profits through fees, interest, and SDR trading, while keeping key financial details undisclosed. The lack of transparency makes SDRs a powerful tool for centralized financial control, in contrast to decentralized alternatives like Bitcoin that offer true financial transparency and sovereignty.