IMF prepares for global run on US dollar

Comments

• rimu@piefed.social ⁨1⁩ ⁨day⁩ ago

  Very misleading headline.

  “At the Fund, one muscle that we are building is our ability to hypothetically present scenarios of unthinkable events and then figure out what to do,” Georgieva said at an event hosted by Bruegel, a Brussels-based think-tank.

  Asked whether the scenarios include a potential run on dollar assets, Georgieva said the Fund runs “all kinds of scenarios” and that it was examining the issue as part of its ongoing analysis.

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  • Thedogdrinkscoffee@lemmy.ca ⁨1⁩ ⁨day⁩ ago

    Sort of. This is softpedalling not to cause panic, but to plan for the unthinkable that has already arrived.

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    • stink@lemmygrad.ml ⁨1⁩ ⁨day⁩ ago

      Gold was the top export by the US in 2025. The billionaires are stripping america for everything it is worth and sailing off in the sunset.

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