World Bank

Alphabet Soup of Global Banking


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FilthyRich's picture

Follow the Money.

The IMF. The BIS. The IBRD. The IDA. What are these entities?

They are the essential parts of the World Bank. The World Bank was created in 1944 as an instrument to rebuild Europe after World War II under the guise of "global poverty reduction and the improvement of living standards". Yet, "In reality, the World Bank carries its weight, along with the International Monetary Fund and the Bank for International Settlements, to forcibly integrate minor countries of the world into its own brand of capitalistic democracy. "

The World Bank, through the IMF, IBRD & IDA, essentially is THE Central Bank of all the world's host countries' central banks, operating a worldwide ponzy scheme, free to do its bidding manipulating world currencies and accountable to no one. Each host country pays its "dues" to the World Bank with their taxpayers' money.

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