Dislikedorr... maybe not
ďSome legislation authorized a $100 billion line of credit from the United States to the IMF. It suddenly occurred to me how this actually works. The IMF puts in the borrowing notice for the $100 billion and the Treasury sends the $100 billion to the IMF. They (the IMF) then use it to bail out Europe.
But hereís what happens, the Treasury sends the money and the IMF gives the Treasury a note because itís a borrowing. So thatís very significant because for the first time in history...Ignored