Wednesday, 26 November 2008

Clearing Up This Mess

The UN Monetary and Financial Conference at Bretton Woods, New Hampshire, U.S, 1 July 1944. The US secured its domination of the financial system through new US controlled institutions that became the IMF and World Bank.
by George Monbiot from The Guardian 18 November 2008 Poor old Lord Keynes. The world’s press has spent the past week blackening his name. Not intentionally: most of the dunderheads reporting the G20 summit which took place over the weekend really do believe that he proposed and founded the International Monetary Fund. It’s one of those stories that passes unchecked from one journalist to another.


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