The World Bank and International Monetary Fund were created in 1944 at the end of World War II. The World Bank and IMF are very special organizations. The World Bank and IMF are also called the Bretton Woods institutions, named for the ski resort in New Hampshire where 44 nations met and put the Ministers of Finance in charge of the world’s wealth. They kept it secret that that is what they were doing, because they intended to bring all of the world’s hidden wealth out after fifty years.
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