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Re:
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J
jeffrey E. Apr 29, 2016 11:39 PM
Thx Larry loved it
J
Joi Ito Apr 29, 2016 11:54 PM
I think sort of, but we didn't talk a lot about him. I'll ask.
J
jeffrey E. Apr 30, 2016 10:42 AM
To
starts as debt
While the ISO 4217 currency code for Special Drawing Rights is XDR they are often referred to by their acronym SDR. Both refer to the name "Special Drawing Rights".
Intentionally innocuous and free of connotations because of disagreements over the nature of this new reserve asset during its creation, the name derives from a debate about its primary function—money or credit. While the name would offend neither side, it can be argued that prior to 1981 the XDR was a debt security and so a form of credit.
