Defenders of the IMF contend that the Fund should not consider the distributional consequences or political impact of its lending policies on the society of the debtor country. They assert that the Fund is limited by the purposes set forth in its Articles of Agreement to an objective assessment and adjustment of the balance of payments deficit of these countries.2
2. See, e.g., The Poverty Brokers, note 1 above,30;Joseph Gold,"Political Considerations Are Prohibited by Articles of Agreement When the Funds are Considered Requests for Use of Resources,"IMF Survey (23 May1983)
Davidson, 1986
Critics of the IMF allege that the Fund's lending policies in Argentina and elsewhere in Latin America have been responsible for a deterioration in the living and working conditions for a significant portion of the population.
They maintain that the IMF's activities in those countries are inconsistent with respect for the economic and social human rights of the poorest sectors of the society.1
1. See, e.g., The Poverty Brokers: The IMF and Latin America (London: Latin American Bureau,1983),44.
Davidson, 1986
Argentina. In debt to the IMF**. Perpetually. Since 1958 to now. 2023.
Trillion is a number: 1,000,000,000,000, i.e. one million million
Value of $14,300,000,000 from 1959 to 2023;
$14,300,000,000 in 1959 is equivalent in purchasing power to about $149,933,288,659.79 today, an increase of $135,633,288,659.79 over 64 years. The dollar had an average inflation rate of 3.74% per year between 1959 and today, producing a cumulative price increase of 948.48%.
This means that today's prices are 10.48 times as high as average prices since 1959, according to the US Bureau of Labor Statistics consumer price index. A dollar today only buys 9.538% of what it could buy back then.
The inflation rate in 1959 was 0.69%. The current inflation rate compared to last year is now 2.97%. If this number holds, $149,933,288,660 today will be equivalent in buying power to $154,386,307,333 next year.
The latest vile of Fantasy was issued on credit, from the dealer to the addict on the provision that the medicine[bitcoin], much needed by the peoples[victims] of Argentina - will be made inaccessible. Real. Fucking. Nice.
**Enable members to correct maladjustment's in their balance of payments without using 'measures destructive of national or international prosperity'.
Ride like PAUL REVERE
With the knowledge that the rabbit hole of bitcoin has afforded you – imagine that you knew that your exterior world was controlled by 17~21yr cycles.
And, that you had become privy to the probability of these events and their occurrences?
And the decisions you could make to anticipate and possibly prepare for, even if they are late, or do not even happen…
Would you feel more empowered than you do right now?
Search for – GannFinancialTable.gif download it, punch it into a spread and extrapolate the next 6 cylces, then go pull it to bits using the DJI or SPX in your own manner, how ever you choose.
Then do more and more. Learn The Past to Anticipate the Future. And buy a copy of - The Creature Of Jekyll Island by Edward G Griffin! This is a must.
#WDGann #Science #bitcoin #theonlystablecoin #nostr #theonlystablecomm #selfsoverign #nodes #rtb #runthebanks
Every nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe reel caught, reinforce a quote found by - Roger Williams, January 1968:
“Here is both paradox and trap. One must begin with the world as it is, and yet the harsh constraints of that world are doubtless the chief obstacles which prevent one from seeing the world as it might be.”
How long this will take? Fuck knows. But we are here, staying in the shallows - deep in something BIG...
#Humanity #Life #Peace #Prosperity #Lightning #Federations #ThePriceOfTomorrow #Deflationary #SmallGovernment #Local #Economy #Bitcoin #Nostr #EndCorruption
Another note. #MattKratter just released a reel breaking down the ballistics of lightning and fedimint in amazingly simple way. We need more of this - Jon and Jane simplicity and less complexity. For now at least - it sunk in for the SMPLTN's.
“Freedom dies by people just taking a little bit more and a little bit more…we just end up in a situation people are like ‘How the fuck did we end up here?’ And at some point down the line you have to practice civil disobedience and say: ‘No, I will not fucking comply.’”
https://video.twimg.com/ext_tw_video/1681001564817829889/pu/vid/1280x720/hHfEn5U79ib2JP-g.mp4?tag=12
https://www.whatbitcoindid.com/podcast/bitcoin-nostr-freedom-tech
Rad. Dig
nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx swerve and position. 🏌️ 🤟. Dig nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx too! Invaluable assets to us all. 🙏
My blue check on the #twitter app......GONE!
Thanks nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx for raising awareness. Like Peter, it was a thoughtless benign act on my part.
#FOSS = Freedom of speech
In it for the right reasons. Legends = nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx & nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx
Love both of these cats 🤟
m
Better Money Better World #Bitcoin #Art #Barcelona
Good day Mr OD, peace be wit yo ass - stay gold! 🤟
Keep diggin fam! Informing... ‘Awareness is the first step in the Resistance.’
Good read - ‘Awareness is the first step in the Resistance.’ We are in the midst of the biggest public relations scam in the history of the world.
The Green Mask must be removed from those who have hijacked the environmental movement.
The tentacles of UN and it’s agenda are long and have now breached every area of the world. Ideology of Communitarianism extends this plan.
The slogan of UN Agenda 21, to protect the rights of future generations and all species against the potential crimes of the present, is both a smokescreen and a declaration of entitlement.
By standing on this high sounding premise the rights of the individual are called selfish and those who would fight for them slurred as immoral.
The idea that by merely living and exhaling we pose a direct danger to the earth is self-destructive and truly damaging to those lands that we steward.
Under the banner of saving the planet we are drowning liberty.
The utopian vision of life in a Smart Growth development is a manipulation, a mask. In fact these plans are designed to restrict our freedom.
There is a plan for world governance that is in place and eating like a metastasized cancer into every nation, free and bound, in the world.
Western Government’s are now corporatocracies, a new authoritarian state in the process of consolidating your output into a more controllable, exploitable channel.
Excerpt taken from: Preface - BEHIND THE GREEN MASK: U.N. Agenda 21
Copyright © 2011 by Rosa Koire
"The 4 pillars of the digital age; the ABCD's."
- AI
- Bitcoin
- Chips, Silicon
- Data - Big Data (be vigilant with yours)
'We will have truth over trust' - Mark Yusko (Morgan Creek Capital)
Humble and aware... No respect for weasels.
#linux #bitcoin #grapheneos #code #thepriceoftomorrow #privacy #decentralization
We are not idiots | Free Market Co-operation
The power of the people. When harnessed through the co-operative spirit that is a truly free market, is a power that can move mountains; but under the current rules, this power is shackled to an economic system that prefers to lay waste to human creativity for the sake of preserving the privileges of a few.
- Fred Harrison.
We HAVE a new social contract and promise – #bitcoin + a new line of unfettered digital signal distro. #nostr 🤟