Question

1. Lord Malloch-Brown, When the IMF and World Bank are looked at in the context of their original unstated objective (i.e. they were established by the US at Bretton Woods as institutions designed to perpetuate the US's "position of disparity" by creating impoverished client states in the third world) demonstrably these institutions continue to be some of the more successful examples of state intervention in modern history, no? Surely, therefore, the only sensible starting point of any discussion about changing the global financial and political architecture (assuming, wrongly possibly, that we mean for the general betterment of all?) is the replacement of the US dollar as the world's only monetary anchor?
   Asked by PatNInterupt on Feb 10 2009 7:49:42 AM and supported by 37 members
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