The Real Story With the IMF

Executive Summary

• The IMF is designed to represent global private banking interests and to undermine the sovereignty of countries, eliminating the effectiveness of participatory governments.

Introduction

The IMF or International Monetary Fund was originally created to facilitate currency transactions. However, it has changed into a mousetrap for foreign countries that like the World Bank uses a strategy of getting weaker countries in debt and then setting the terms for the debt being whatever the more powerful countries and powerful private banking interests that pull the IMF’s strings what that country to do. Normal terms are implementing austerity, running balanced budgets or budget surpluses, opening up to “free trade.”