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 by Soviet communist agent Harry Dexter White and the British globalist ideologue John Maynard Keynes. The World Bank also lends money to governments and has 184 member countries. Within the World Bank are two separate entities: (1) the International Bank for Reconstruction and Development (IBRD), (2) the International Development Association (IDA). The IBRD focuses on middle income and credit-worthy poor countries, while the IDA focuses on the poorest of nations. The World Bank is self-sufficient for internal operations, borrowing money by direct lending from banks and by floating bond issues, and then loaning this money through IBRD and IDA to troubled countries. The cry of “poverty reduction” is a sham to conceal the recycling of billions of taxpayer dollars, if not trillions, into private hands and defuse critics of the Bank as being anti-poor and pro-poverty.
According to The World Bank, it is, “a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the common sense. We are made up of two unique development institutions owned by 184 member countries—the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). Each institution plays a different but supportive role in our mission of global poverty reduction and the improvement of living standards. The IBRD focuses on middle income and creditworthy poor countries, while IDA focuses on the poorest countries in the world. Together we provide low-interest loans, interest-free credit and grants to developing countries for education, health, infrastructure, communications and many other purposes.”
Chronological History of Events Related to the World Bank
High Level International Bankers Simulate The Collapse Of Global Financial System
The German Club of Clear Words Report: Exposes the network of individuals and organizations responsible for the COVID scam
World Bank Offered Belarus $940 Million Coronavirus Loan But Only If They Locked Down and Destroyed Economy
Ecuadorean President Moreno Ends Gov’t Fuel Subsidies Causing Spike in Gas Prices, Protests
Global Preparedness Monitoring Board Launches 1st Annual Report: ‘Get ready for a Global Coronavirus Pandemic’
A Food Shortage Simulation Game Predicted A 400% Rise In The Cost Of Food
ActionAid Releases Research showing US Policies Leading to Massive Land Grab
The UN’s Conference on Sustainable Development (Rio+20) took place in Rio de Janeiro, Brazil
Hacked Hillary emails prove State Dept. Colluded with Obama and Clinton Foundation to give Globalists like IBM, Cisco, Microsoft and Goldman Sachs control of the Internet
