Structural Adjustment: How The IMF And World Bank Repress Poor Countries And Funnel Their Resources To Rich Ones

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Nov 30, 2022
#Bitcoin #CentralBank

Alex Gladstein

@gladstein

(Author)

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The IMF and World Bank do not seek to fix poverty, but only to enrich creditor nations. Could Bitcoin create a better global economic system for the developing world?

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Jeff Booth @JeffBooth · Nov 30, 2022

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Must read article that exposes the hypocrisy of a system that virtue signals helping poor countries while concurrently exploiting them and their people. The IMF and the World Bank have some explaining to do.

Troy Cross @thetrocro · Nov 30, 2022

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Wonderful thread and essay. Thank you for your work researching and telling this story. Appreciate you!

Saifedean Ammous @saifedean · Dec 7, 2022

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Great article by @gladstein focusing on a point that gets little mention: fiat is the only reason predatory lenders like the IMF & World Bank can carry out their crimes against the world's poor.

Preston Pysh @PrestonPysh · Dec 8, 2022

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That article was so good!