Militia Man

MarkZ Question:  Many ask me if you want to make a guess of what you think rates might be.   Militia Man Answer:  My understanding is the IMF have the ability to go as high as 3 times the Special Drawing Rights. That is what they could do…it doesn’t mean that’s what they will do. They test systems to what the region can handle. The Real Effective Exchange rate (REER)  can be derived from many different things . They are going to come up with a rate that is strong and stable and rebuild the country.