Money is a neutral tool. But the love of money is the root of all evil – proclaims a well-known proverb. And money is the foundation of power – with great opportunity to misuse power over humanity.
Kristalina Georgieva, Director of the International Monetary Fund (IMF) recently admitted the central banks globally “printed too much money and didn’t think of unintended consequences,” at a recent panel discussion hosted by CNBC in April of 2022.
Oops. So sorry. We didn’t know what would happen if we spent too much money. But we want to keep our jobs. Don’t you dare threaten us with firing, an investigation, or a takeover. Afterall, we have education and degrees.
Where is the outcry by mainstream media and journalists around the globe? Where is the announcement by world leaders? Where is concern by the members of the United Nations? Why is President Joe Biden silent?
Citizens, we aren’t stupid and we aren’t naïve! Georgieva and her crew are either incompetent or lying. Which is it? Either answer means the weasel in the henhouse is preparing to gobble all the chickens.
What is the World Bank?
“Founded in 1944, the International Bank for Reconstruction and Development—soon called the World Bank—has expanded to a closely associated group of five development institutions…The evolution of the Bank Group has also been reflected in the diversity of its multidisciplinary staff, who include economists, public policy experts, sector experts, and social scientists, based at headquarters in Washington, D.C., and in the field. Today, more than a third of staff are based in country offices.” The World Bank Group has 189 member countries. Visit www.worldbank.org.
The April 2019 appointment of World Bank President David Malpass – a US national who ran unopposed for the Bank’s top job. There are 25 Executive Directors and 25 Alternate Executive Directors representing the 189 member countries. To become a member of the Bank a country must first join the International Monetary Fund (IMF).
What is the International Monetary Fund?
The IMF was established in 1944. Today, its membership embraces 190 countries, with staff drawn from 150 nations. The IMF is governed by and accountable to those 190 countries that make up its near-global membership. The IMF monitors the international monetary system and global economic developments. https://www.imf.org/en/About
What is the International Finance Corporation?
The International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development institution focused on the private sector in developing countries. Although part of the Bank Group, IFC is a separate legal entity. IFC partners with more than 30 governments and several foundations and corporations.
IFC partners with the Bill Gates Foundation, the Rockefeller Foundation, Goldman Sachs Foundation, Coca-Cola Company, Nestlé SA, PepsiCo Foundation, to name a few. Visit www.ifc.org.
Criticism of the Global Money Players
Established in 1995, the Bretton Woods Project (BWP) is a civil society watchdog of the International Monetary Fund and World Bank. “The Bank and Fund have also been heavily criticised for the role played by the political expediency of important shareholders in its decision-making and choice of interventions, including its support to dictatorships.” Visit www.brettonwoodsproject.org.
“In 2020, the World Bank (WB) and the IMF are 76 years old. These two international financial institutions (IFI), founded in 1944, are dominated by the USA and a few allied major powers who work to generalize policies that run counter the interests of the world’s populations… Since their creation, the IMF and the WB have violated international pacts on human rights and have no qualms about supporting dictatorships.” Visit http://www.cadtm.org/World-Bank-and-IMF-support-to-dictatorships.
The CADTM is the mouthpiece for the Committee for the Abolition of Illegitimate Debt. “Collaboration between the World Bank and the IMF is also fundamental for exercising maximum pressure on public authorities. And to complete the process of putting the public sphere and public authorities under its control and further extending the dominance of the model, World Bank/FMI collaboration now extends to the World Trade Organization (WTO) since that entity’s creation in 1995.”In 2020, Eric Toussaint, international spokesperson for the CADTM wrote an article calling for the abolishment of the WB and IMF and new governing. Visit http://www.cadtm.org/World-Bank-and-IMF-76-Years-is-Enough-Abolition.
In 2021, the IMF announced that it would supply the global economy with US$650 billion to meet urgent needs. Where did this money come from? Where did this money go? Visit http://www.cadtm.org/The-IMF-s-announcement-of-650-billion-in-Special-Drawing-Rights-advertising.
Read the following paragraph again. And think about the world consequences.
Kristalina Georgieva, Director of the International Monetary Fund (IMF) recently admitted the central banks globally “printed too much money and didn’t think of unintended consequences,” at a panel discussion hosted by CNBC in April of 2022.
If the economies of the entire world collapse – what will happen? Hmmm. I’ll bet that Klaus Schwab, George Soros, Bill Gates, the thirteen wealthiest families on the planet, and the other global elites will step in and proclaim they can save the day. I’ll bet the United Nations will offer to take control with a one world government, a one world banking system, and a world carbon tax. And a plan to feed the entire world a plant-based diet. Next, they will implement global law and a global lockdown. Then a cyberattack happens (blamed on Russia) where the Internet goes black. If and when the Internet is restored, one media company will be in control of global communications. Then it's global domination.
The citizens who regularly read my opinion editorial columns will certainly discern a pattern of whose fingers are consistently in the slices of the power pie. Please connect the dots.
All freedom-loving citizens on the planet must unite, stand up, and speak out for democracy and liberty – and pray.
Melissa Martin, Ph.D., is a syndicated opinion-editorial columnist. She lives in USA.