This was a really good breakdown of the mission of each, what they do, and the effects they have on global economies.
Preston Pysh talks with Sam Callahan about what the BIS, IMF, and World Bank actually do. They cover how these NGOs have become extremely influential organizations that shape economic policy for non-elected central banks around the world.
IN THIS EPISODE, YOU’LL LEARN:
00:00:00 – Intro
00:01:35 – What the heck is the Bank of International Settlement (BIS)?
00:04:17 – What was the history of the BIS?
00:06:10 – Why does the BIS Still exist today?
00:10:39 – How is the BIS Funded?
00:21:00 – What the heck is the International Monetary Fund (IMF) / What was the history of the IMF?
00:26:55 – How is the IMF Funded?
00:29:16 – What the heck is the World Bank (WB) / What was the history of the WB?
00:38:40 – Why does the IMF Still exist today?
00:59:22 – Does the SDR Stand a chance of becoming a world currency that’s used?
Be well, Everyone.
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