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According to Stiglitz, the IMF is dominated not merely by wealthy, industrialized nations, but—more narrowly—by the commercial and financial interests within those countries. Stiglitz says that the fact that the IMF draws on public funds to forward the interests of a select few—with no effective voice in the IMF’s policies, amounts, in his words, to “taxation without representation.”
Originally posted by seabag
I found some entertaining propaganda from the IMF I thought I’d share. This video was uploaded by the IMF in an obvious attempt at misleading younger people to make them believe the IMF is a global instrument of peace. They sum up the entire history of the IMF in just 8 minutes and make it seem like the IMF was the savior of peaceful society after World War 2. They failed to point out that the IMF hasn't lived up to most of its promises and are merely another tool of the elitists to gain control over countries and populations.
According to economist and Nobel Laureate Joseph E. Stiglitz., many of the problems with the current economic globalization can be attributed directly to the IMF.
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According to Stiglitz, the IMF is dominated not merely by wealthy, industrialized nations, but—more narrowly—by the commercial and financial interests within those countries. Stiglitz says that the fact that the IMF draws on public funds to forward the interests of a select few—with no effective voice in the IMF’s policies, amounts, in his words, to “taxation without representation.”
Not such a rosy picture is it?
What a load that video is!! I wonder how many people buy that BS? Based on the likes/dislikes I'd guess not many!
I see the IMF and World Bank as very insidious organizations working towards a world currency. They have enormous powers I know that. They can tell David Cameron (British PM) to change economic policy and he will do it like a good little boy. They are already DICTATING to the nations about economic policy. Notice I used the word DICTATE. They are DICTATORS you see because nobody voted these people into office yet they have more power over us than even the U.S President or The British PM.
They are DICTATORS you see because nobody voted these people into office yet they have more power over us than even the U.S President or The British PM.
Originally posted by seeker1963
reply to post by Revolution9
I see the IMF and World Bank as very insidious organizations working towards a world currency. They have enormous powers I know that. They can tell David Cameron (British PM) to change economic policy and he will do it like a good little boy. They are already DICTATING to the nations about economic policy. Notice I used the word DICTATE. They are DICTATORS you see because nobody voted these people into office yet they have more power over us than even the U.S President or The British PM.
You said a mouthful there my friend!!!!