The International Monetary Fund is one of the cornerstones of the global economy, and a key organization in the funding, governing and development of third world countries. Founded at the 1944 Bretton Woods conference, and inspired by the works of the great economist, John Maynard Keynes, the IMF has been a centerpiece of the global economy for over seven decades, and has overseen astounding developments in technology, economic conditions for the third world and a reduction in global conflict, for which its economists and bankers can take much due credit.
The IMF takes contributions from its member states, and lends to struggling countries in need of financial assistance. In order to help these struggling countries get their economies back on track, the IMF’s highly accredited economic and political advisers, lead by feminist hero Christine Lagarde, will require their debtor countries to implement various policies to improve economic growth. These policies inevitably include free trade measures such as giving no-bid contracts to accredited companies, allowing accredited multinationals to sell their products instead of favoring local businesses, handing over sovereignty to international organizations who can manage their economy better, and a host of other important measures. The IMF also encourages their debtors to implement strong fiscal stimulus programs and bailouts when necessary, to ensure that key accredited companies have the funds they need to continue growing their economies.
In the rare case that countries protest about the debt they have incurred, the IMF and its member states will unleash economic hell, shutting off their trade and all other sources of funding, causing total carnage and riots in the streets. So it’s best to do what the IMF says, and let their political advisers decide policy in your country. Some people protest that through the IMF, their policy is being determined by a group of unelected international special interests, and that they are inheriting debt they never personally chose to incur. But these people rarely have any formal education in economics, so their views can be safely dismissed as reactionary ignorance.
To those who say that the IMF is a loan-sharking organization that lends to countries knowing full-well that they will never pay them back, and supports various international corporate interests with tax-payer’s money, I would say you need to get an education in economics and political science. Virtually every respected economist and political scholar agrees that the IMF is essential to global progress, so what right do you have to reject such a lofty organization, which is spoken about in such matter-of-fact terms by the accredited media? People need to accept the IMF as a permanent feature of modern commerce, because without them, global economic progress would likely slow to a grinding halt.