IMF

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Group.png IMF  
(IGOC-SPAN History Commons NNDB Powerbase Sourcewatch Website ZoominfoRdf-entity.pngRdf-icon.png
International Monetary Fund logo.svg
AbbreviationIMF
Formation27 December 1945
HeadquartersWashington DC
LeaderManaging Director of the International Monetary Fund
Type• international
• economic
Staff2,700
SubpageIMF/Deputy Director
IMF/Deputy Managing Director
IMF/Managing Director

The International Monetary Fund (IMF) is a group based in Washington DC.

Official narrative

Wikipedia reports that "The IMF works to foster global growth and economic stability by providing policy advice and financing to members, by working with developing nations to help them achieve macroeconomic stability, and by reducing poverty."

Problems

The fact that the managing director of the IMF and key officials such as the President of the World Bank have deep state connections such as the Bilderberg is revealing when considering the actual purposes which these bodies serve. John Perkins' Confessions of an Economic Hit Man is recommended in this context.

 

Related Quotation

PageQuoteAuthor
John Perkins“My job was to convince heads of state of countries with resources our corporations covet, like oil, to accept huge loans from the World Bank and its sister organizations. The stipulation was that these loans would be used to hire our engineering and construction companies, such as Bechtel, Halliburton, and Stone and Webster, to build electric power systems, ports, airports, highways and other infrastructure projects that would bring large profits to those companies and also benefit a few wealthy families in the country, the ones that owned the industries and commercial establishments. Everyone else in the country would suffer because funds were diverted from education, healthcare and other social services to pay interest on the debt. In the end, when the country could not buy down the principal, we would go back and, with the help of the International Monetary Fund (IMF), “restructure” the loans. This included demands that the country sell its resources cheap to our corporations with minimal environmental and social regulations and that it privatize its utility companies and other public service businesses and offer them to our companies at cut-rate prices.”John Perkins

 

Related Documents

TitleTypePublication dateAuthor(s)Description
Document:A Death Sentence for Greecearticle13 February 2012Mike WhitneyAn analysis and deconstruction of the Memorandum of Understanding (MOU) between the Greek government and its creditors which secured Greek parliamentary approval amid scenes of unprecedented protests by the Greek population on 11 February 2012.
Document:Masters of metalarticle30 July 2015RusticusA startling and ominous analysis of progress towards an impending New world Order


References