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What is International Monetary Fund?(ECONOMICS) international bank created after World War 2 to coordinate currency stabilization. Main policy tool consists of lending money to central bank of countries facing a liquidity crisis. It is often said that the International Monetary Fund makes economic crises worse by imposing the same austerity program everywhere, thereby further reducing a member state's ability to pay its sovereign debt. International Monetary Fund - videoInternational Monetary Fund - what is it?International banksters organization that began exploiting foreign nations - often wrecking their economies - before it began cannibalizing its own. Screwing Argentina and other Latin American nations helped the International Monetary Fund learn how to transform the U.S. and Europe into banana republics. |
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