As we will see, the BIS was founded in 1930 during a very troubled time in history. Some knowledge of that history is critical to understanding why the BIS was created, and for whose benefit.
The Bank For International Settlements
A sibling of the IMF, the World Bank was born out of the U.N. Monetary and Financial Conference at Bretton Woods, New Hampshire in July 1944. The original name given to the World Bank was the International Bank for Reconstruction and Development (IBRD) and reflects its original mission: to rebuild Europe after the devastation of World War II. The name "World Bank" was not actually adopted until 1975.
The IMF was actually created in December 1945 when the first 29 member nations signed its Articles of Agreement, and began operations on March 1, 1947. (Note: there are 184 member countries today.)
The International Monetary Fund.
Note: The August Review
The Bank For Internatio...
The World Bank
The International Monet...
Stumble It!
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Good government is not a party government
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These days, if you are not confused, you are not thinking clearly. Mrs. Irene Peters
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Nothing in this World makes People so Afraid as the Influence of an Independant Minded Individual.
Attrib. Al Einstien
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Nothing in this World makes People so Afraid as the Influence of an Independant Minded Individual.
Attrib. Al Einstien
Attrib. Al Einstien
Some of this information is similar to research Stephen Staples has published for Ceasefire.ca magazine.
War is all about following the money.
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"And those who were seen dancing were thought to be insane by those who could not hear the music." Friedrich Nietzsche