View Poll Results: Should the US be funding the IMF?

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  • Yes

    5 15.15%
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    28 84.85%
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Thread: Should the Financially Strapped US Be Funding the IMF?

  1. #11
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    Re: Should the Financially Strapped US Be Funding the IMF?

    What has the US's ROI on the IMF been? I'm betting pretty huge. At least double digits on average annually.

    After all, the biggest beneficiary of the interest on IMF loans has been the US who's bank account the IMF eventually feeds into.

    But you're not suppose to know that.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  2. #12
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    Re: Should the Financially Strapped US Be Funding the IMF?

    Quote Originally Posted by obvious Child View Post
    What has the US's ROI on the IMF been?
    ROI means "Return On Investment." It means money is coming back to the investor (that's us, in this case).

    If the IMF is so damn good that we're getting money back, why do they need more funding?

    If we're plowing more money into the IMF, the ROI is necessarily negative, not positive.

  3. #13
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    Re: Should the Financially Strapped US Be Funding the IMF?

    Quote Originally Posted by ARealConservative View Post
    1) all charities have problems getting loans
    Too bad, huh?

    Quote Originally Posted by ARealConservative View Post
    2) this particular charity isn't popular enough to function as an actual charity
    Breaks my heart, not.

    Quote Originally Posted by ARealConservative View Post
    3) people that feign to be smarter then you deemed this charity is too important to fail, making your opinion moot
    You mean they have more guns.

  4. #14
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    Re: Should the Financially Strapped US Be Funding the IMF?

    Quote Originally Posted by obvious Child View Post
    What has the US's ROI on the IMF been? I'm betting pretty huge. At least double digits on average annually.
    If it's that profitable, why isn't private industry demanding to take it over?

  5. #15
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    Re: Should the Financially Strapped US Be Funding the IMF?

    Quote Originally Posted by celticlord View Post
    ROI means "Return On Investment." It means money is coming back to the investor (that's us, in this case).

    If the IMF is so damn good that we're getting money back, why do they need more funding?

    If we're plowing more money into the IMF, the ROI is necessarily negative, not positive.
    Please, sir, don't baffle them with common sense.

  6. #16
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    Re: Should the Financially Strapped US Be Funding the IMF?

    The IMF is a tool of power and the U.S. is its biggest financial and political contributor. Nothing will change. In fact, the current global recession is prime time for the IMF to find new debtors. Iceland already caved a while ago. It's a shame, I wanted to visit there and see some of its ancient culture. Well, say bye bye to that now.

  7. #17
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    Re: Should the Financially Strapped US Be Funding the IMF?

    Quote Originally Posted by celticlord View Post
    ROI means "Return On Investment." It means money is coming back to the investor (that's us, in this case).

    If the IMF is so damn good that we're getting money back, why do they need more funding?
    What makes you think that every bank is profitable every year of its existence? Furthermore, one can be making money while requiring new capital. It's really simple. The income a bank produces is less than the necessary total capital required to make the loans it wants to make. Thus, profitable but needs more funding.

    If we're plowing more money into the IMF, the ROI is necessarily negative, not positive.
    See above.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  8. #18
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    Re: Should the Financially Strapped US Be Funding the IMF?

    Quote Originally Posted by celticlord View Post
    ROI means "Return On Investment." It means money is coming back to the investor (that's us, in this case).

    If the IMF is so damn good that we're getting money back, why do they need more funding?

    If we're plowing more money into the IMF, the ROI is necessarily negative, not positive.
    That makes absolutely no sense. If profitable institutions never needed money, then venture capitalism wouldn't exist. The stock market wouldn't exist. Bank loans wouldn't exist. Etc, etc.
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  9. #19
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    Re: Should the Financially Strapped US Be Funding the IMF?

    Quote Originally Posted by Scarecrow Akhbar View Post
    If it's that profitable, why isn't private industry demanding to take it over?
    Because no private industry has the geopolitical power that the IMF has in its capacity for force countries to do what it wants (Aka Stabilization agreements). That and no private bank has that kind of capital to loan out. What bank have you heard of that makes routine $30 billion loans with much thinking? The IMF gave Mexico a $50 billion stabilization loan. Large double digit billion dollar loans are pretty normal at the IMF and World Bank.

    I think the IMF was pretty evil, but when the bank account that countries pay significant interest on goes directly into the US treasury, as a less then moral American, I have a hard time saying no to that.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  10. #20
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    Re: Should the Financially Strapped US Be Funding the IMF?

    Quote Originally Posted by Kandahar View Post
    That makes absolutely no sense. If profitable institutions never needed money, then venture capitalism wouldn't exist. The stock market wouldn't exist. Bank loans wouldn't exist. Etc, etc.
    I swear, maybe 5 people here understand finance. And it's not the hard righties.

    Do you think they realize that profitable institutions are some of the biggest consumers of financing?
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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