
SLP373 Sam Callahan - The IMF Versus Your Freedoms
Stephan Livera Podcast
00:00
The IMF Loans
In 19 forty four a basically, i tok around 40 or 50 countries a forty four joined the i m f. And when they gave money, they get a certain amount of voting power within the fund. So now there's like a hundred, 90 countries as part of the fund. They all give a certainamount of money, with the us. Being the greatest doner of to the im f, and so they have the most voting rights. The policies that are usually associated with these loans are really a come from the 19 eighties,. This ne liberalism economic thought of free markets was pushed by ronald regan at the time.
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