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IMF Demands $18 For Hard Copy Admission That It Is An Idiot

Tyler Durden's picture


As we reported earlier today, in somewhat surprising news, the IMF admitted that not only is it an idiot (this was public knowledge) but also a liar (curious, as no "serious people" do this in polite company and certainly not publicly).

Subsequently, it released the full 51 page report. Those who are inclined to read the IMF's admission that all our allegations about the international agency's credibility, competence and corruption (which, as it implicitly admits, was also using taxpayer funds from around the world to preserve the way of life for a few parasitic and unelected European technocratic dictators). But perhaps the funniest is that the "world's bailout organization" (at least in the days before the New Normal) is actually charging $18.00 for every hard copy of the report in which it admits it was morally (if not financially, at least not yet) bankrupt.

So wasting hundreds of billions in taxpayer funds to preserve a broken monetary model and the wealth of a few good bankers is acceptable, but when it comes to attaching a stamp to a letter, the IMF is suddenly prudent and responsible?

Just when one thinks the IMF can't shock any more, they go ahead and fully redeem themselves.

Full report for which we will not charge one penny - pdf link.

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Wed, 06/05/2013 - 20:22 | 3628128 goldenbuddha454
goldenbuddha454's picture

Can I pay in Gold?  NEIN!

Wed, 06/05/2013 - 20:28 | 3628147 Jack's Digestib...
Jack's Digestible Ideas's picture

You see, they had to jack up the price, due to paper's increasing scarcity thanks to the Bernak and company.

Wed, 06/05/2013 - 20:32 | 3628159 TeamDepends
TeamDepends's picture

Times is tough.

Wed, 06/05/2013 - 20:41 | 3628184 cdntrader
cdntrader's picture

Sounds like paying a licence for open source!

Wed, 06/05/2013 - 21:21 | 3628294 sunaJ
sunaJ's picture

Is that the same thing as paying $18.00 for a billion $ Zimbabwe note that is worth 1.00USD? You do it for posterity, not as a financial investment...

Wed, 06/05/2013 - 21:57 | 3628383 NotApplicable
NotApplicable's picture

Amazing what kind of stupidity one can get away with when there isn't a legal body on the planet with jurisdiction over you.

Full immunity, Bitchez!

Wed, 06/05/2013 - 21:57 | 3628384 NotApplicable
NotApplicable's picture

Amazing what kind of stupidity one can get away with when there isn't a legal body on the planet with jurisdiction over you.

Full immunity, Bitchez!

Thu, 06/06/2013 - 00:27 | 3628726 Diogenes
Diogenes's picture

Posterity is just around the corner.

Thu, 06/06/2013 - 09:36 | 3629387 InvestmentMind
InvestmentMind's picture

It wasn't the paper cost .... It was the ink.

Can't find ink in Greece or when writing about it.


Wed, 06/05/2013 - 20:30 | 3628152 12ToothAssassin
12ToothAssassin's picture

Cant I just print the PDF or does the CIA get to occupy my house after that?

Wed, 06/05/2013 - 23:47 | 3628636 jeff montanye
jeff montanye's picture

not sure.  possibly.  just don't mention the weather (especially snow, sleet, hail or "lightening").  see page 20 and following:


and these are our rulers?  really?

Wed, 06/05/2013 - 20:33 | 3628165 Eireann go Brach
Eireann go Brach's picture

It comes with a picture of the maid blowing DSK.

Wed, 06/05/2013 - 21:01 | 3628243 Jim in MN
Jim in MN's picture

Why, it reminds me of a railroad bridge over the Mississippi River in the Twin Cities where as a lad I would climb around the primitive 'safety features' at night and out onto the girders and catwalk under the rail platform...eventually reaching these limestone pillars with cement caps in the middle of the river.

There, in this little-known and hard to reach spot, was a small circle of white-out.  Under it, also written in white-out, were the immortal words:


Wed, 06/05/2013 - 21:15 | 3628282 williambanzai7
williambanzai7's picture


Wed, 06/05/2013 - 21:33 | 3628318 Yen Cross
Yen Cross's picture

  ;,;  Bearded clam

Wed, 06/05/2013 - 21:45 | 3628350 williambanzai7
williambanzai7's picture


Wed, 06/05/2013 - 21:50 | 3628355 LetThemEatRand
LetThemEatRand's picture

When you look at the abyss, the abitch also looks at you.  Nietzsche (paraphrasing).

Wed, 06/05/2013 - 23:52 | 3628660 jeff montanye
jeff montanye's picture

mf global.  international mf.  eye of the beholder.

Wed, 06/05/2013 - 22:40 | 3628482 chump666
chump666's picture



Wed, 06/05/2013 - 23:23 | 3628594 not applicable
not applicable's picture

Yikes! Ghastly image.

Wed, 06/05/2013 - 22:18 | 3628436 TheFourthStooge-ing
TheFourthStooge-ing's picture


Can I pay in Gold?  NEIN!

It would be interesting to see if they accepted Greek government bonds as payment.

At par value, of course.

Wed, 06/05/2013 - 20:22 | 3628130 LetThemEatRand
LetThemEatRand's picture

May I use bailout money to buy a copy?  

Wed, 06/05/2013 - 20:22 | 3628134 medium giraffe
medium giraffe's picture

$18? Does it come with a frame? 

Wed, 06/05/2013 - 20:28 | 3628146 DeadFred
DeadFred's picture

Over changing keeps it out of the hands of the riff raff. NO FRAME for you!

Wed, 06/05/2013 - 20:36 | 3628171 medium giraffe
medium giraffe's picture

Bollocks.  Would look great hanging up next to my tax rebate.

Wed, 06/05/2013 - 21:54 | 3628374 Colonel Klink
Wed, 06/05/2013 - 22:44 | 3628496 medium giraffe
medium giraffe's picture

Lol, brilliant!

Wed, 06/05/2013 - 20:34 | 3628167 Crash Overide
Crash Overide's picture

Still waiting on a reach around so I can leave a tip, please and thank you...

Wed, 06/05/2013 - 21:55 | 3628375 Colonel Klink
Colonel Klink's picture

You're not getting a reach around, and you've already been given the tip.  The shaft comes next!

Wed, 06/05/2013 - 20:25 | 3628136 angel_of_joy
angel_of_joy's picture

Recognising your own stupidity has a price.

By this measure, they're not even expensive...

Wed, 06/05/2013 - 20:30 | 3628138 nmewn
nmewn's picture

Cheap bastards...the US Labor Department wanted over a million to reveal its anonymous email accounts on a FOI...lol.


Wed, 06/05/2013 - 20:26 | 3628139 knukles
knukles's picture

Idiot test:  Who pays the $18 for a copy?

Wed, 06/05/2013 - 21:28 | 3628307 TheFourthStooge-ing
TheFourthStooge-ing's picture


Idiot test:  Who pays the $18 for a copy?

The IMF is fishing for greater fools.

Wed, 06/05/2013 - 21:33 | 3628317 The Gooch
The Gooch's picture

Employees, even.

Thu, 06/06/2013 - 02:29 | 3628875 zhandax
zhandax's picture

The IMF is fishing for greater fools

Their client list perhaps?

Wed, 06/05/2013 - 22:50 | 3628514 kchrisc
kchrisc's picture

I would just so I could have the pleasure of posting it immediately on PirateBay.

Wed, 06/05/2013 - 20:26 | 3628140 JPM Hater001
JPM Hater001's picture

You guys are morons.  Ask for a subsidy...

Wed, 06/05/2013 - 20:27 | 3628141 FLUSA.com
FLUSA.com's picture

can the pages be ripped out and reedeemed as currency?

Wed, 06/05/2013 - 20:28 | 3628145 Fix It Again Timmy
Fix It Again Timmy's picture

Why $18, what's wrong with $20?  I know, I know - they acted responsibly since they did not want to make an outrageous profit.  What saints they are......

Wed, 06/05/2013 - 20:28 | 3628148 SILVERGEDDON

I diots

M otherfuckers

F uckheads

Don't even need the free report to figger thet there idiot part out about them there folks.

Stupid is as stupid does. 

Wed, 06/05/2013 - 20:29 | 3628149 LetThemEatRand
LetThemEatRand's picture

I will buy two copies if Christine Lagarde admits that he is a man.

Wed, 06/05/2013 - 20:34 | 3628168 nmewn
nmewn's picture

I'll go four!...do I hear five?

Wed, 06/05/2013 - 20:42 | 3628185 LetThemEatRand
LetThemEatRand's picture

Hey Christine -- do you want to make $36 the hard way (inflation takes its toll once again)?  http://www.youtube.com/watch?v=_EqIsyTKYIk

Wed, 06/05/2013 - 20:49 | 3628202 nmewn
nmewn's picture


Wed, 06/05/2013 - 21:30 | 3628311 TheFourthStooge-ing
TheFourthStooge-ing's picture

I'll buy ten copies if Christine Lagarde admits that he's Angelo Mozilo.

Wed, 06/05/2013 - 21:40 | 3628333 LetThemEatRand
LetThemEatRand's picture

Even the Matrix runs out of new characters after a while.  Good call.

Wed, 06/05/2013 - 20:31 | 3628157 Sabibaby
Sabibaby's picture

It's expensive being stupid.

Wed, 06/05/2013 - 21:33 | 3628319 TheFourthStooge-ing
TheFourthStooge-ing's picture


It's expensive being stupid.

Yes. Unfortunately, not nearly expensive enough, though.

Wed, 06/05/2013 - 22:31 | 3628466 Manipuflation
Manipuflation's picture

TheFourthStooge-ing-isms have been worth a lot of laughs to me.

Wed, 06/05/2013 - 20:32 | 3628160 surf0766
surf0766's picture

From the world. Please shove that report up your asses!

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