
155. IMF & World Bank Misery Industry with Alex Gladstein
The Bitcoin Standard Podcast
00:00
The IMF Needs to Make a $50 Billion Loan to Brazil
Ever since 1982, the flow of funds has permanently been from the south to the north. The IMF and World Bank exist essentially to impose wage deflation on these countries. It's not enough to take the resources cheaply, which they do. What's very important is to make sure that the workers who produce the stuff that we need are not paid nearly as much as ours.
Transcript
Play full episode