{"id":10290,"date":"2009-04-07T00:00:00","date_gmt":"2009-04-07T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"ecbs-stark-raps-move-to-boost-imf-drawing-rights","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2009\/ecbs-stark-raps-move-to-boost-imf-drawing-rights.html","title":{"rendered":"ECB&#8217;s Stark raps move to boost IMF drawing rights"},"content":{"rendered":"<p><span class=\"yshortcuts\">Reuters &#8211; European Central Bank Executive Board member<\/span> Juergen Stark was quoted on Tuesday as criticizing decisions made at the <span class=\"yshortcuts\">G20 summit<\/span> to boost the IMF&#8217;s <span class=\"yshortcuts\">Special Drawing Rights<\/span> (SDRs).                 <\/p>\n<p> Stark suggested in a newspaper article that the decision was potentially inflationary as it would create &quot;helicopter money&quot; and that it had not been properly thought out.<\/p>\n<p> Last week leaders from the Group of 20 wealthy and emerging economies agreed to support a general allocation of $250 billion worth of International Monetary Fund&#8217;s SDRs alongside other measures to boost the Fund&#8217;s firepower.<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/us.rd.yahoo.com\/dailynews\/rss\/business\/*http:\/\/news.yahoo.com\/s\/nm\/20090407\/bs_nm\/us_ecb_stark\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; European Central Bank Executive Board member Juergen Stark was quoted on Tuesday as criticizing decisions made at the G20 summit to boost the IMF&#8217;s Special Drawing Rights (SDRs). Stark suggested in a newspaper article that the decision was [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[9947,9953,4461,9946,9949,7884,9951,7178,7172,9952,4494,48,9948,4326,9950,9945],"class_list":["post-10290","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-bank-executive","tag-decisions","tag-emerging-economies","tag-executive-board-member","tag-firepower","tag-g20-summit","tag-helicopter","tag-imf","tag-international-monetary-fund","tag-juergen","tag-measures","tag-money","tag-newspaper-article","tag-reuters","tag-sdrs","tag-special-drawing-rights"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10290"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10290\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}