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Who really runs the IMF?

Aug 11, 2016

Here is a mainstream news article that reports how the IMF appears to be run by secret rulers. Even the IMF’s own Independent Evaluation Office (IEO) cannot figure out who is really making the decisions in the IMF. I believe that if they can discover the answer to their questions, the IEO will uncover the real rulers of Babylon, who remain secretive and exercise control through their agents in the IMF (and in governments).

All of this is now coming to the surface, now that the IMF has to admit that its decisions regarding Greece were “calamitous misjudgments” with “warning signs of impending crisis.”


The International Monetary Fund’s top staff misled their own board, made a series of calamitous misjudgments in Greece, became euphoric cheerleaders for the euro project, ignored warning signs of impending crisis, and collectively failed to grasp an elemental concept of currency theory.

This is the lacerating verdict of the IMF’s top watchdog on the fund’s tangled political role in the eurozone debt crisis, the most damaging episode in the history of the Bretton Woods institutions.

It describes a “culture of complacency”, prone to “superficial and mechanistic” analysis, and traces a shocking breakdown in the governance of the IMF, leaving it unclear who is ultimately in charge of this extremely powerful organisation….

In an astonishing admission, the report said its own investigators were unable to obtain key records or penetrate the activities of secretive "ad-hoc task forces". Mrs Lagarde herself is not accused of obstruction.

“Many documents were prepared outside the regular established channels; written documentation on some sensitive matters could not be located. The IEO in some instances has not been able to determine who made certain decisions or what information was available, nor has it been able to assess the relative roles of management and staff," it said.


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Category: In The News
Blog Author: Dr. Stephen Jones