IMF laying foundation for wealth confiscation

Sunday, October 20, 2013
By Paul Martin

Jack Minor
October 19, 2013

A shocking new report by the International Monetary Fund (IMF) dropped a quiet bombshell when it suggested laying a framework for how banks can go about confiscating the wealth of their account holders in an attempt to prevent the default.

The shocking information was a part of its October Fiscal Monitor Report, titled “Taxing Times,” which paints a dire picture for man’s economies with high debts similar to the United States that failed to aggressively “mobilize domestic revenue.” The report then goes on to make an argument for taking drastic measures, recommending a series of escalating income and consumption tax increases which will eventually culminate in the direct confiscation of personal assets.

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