The transnational banks and the global financial institutions that are emerging are at the core of the New World Order of vampire capitalism, and if the vampire capitalist have their way, through the banking and financial institutions and the Leviathans they have created, they will control the flow of blood throughout the world and transform nation-states into corporate states, feudal fortresses to protect the new global aristocracy of wealth and money.
In the New World Order, there are three major global financial institutions that have become global economic governing institutions that transcend the nation- state and are usurping their power. These three global institutions play a major role in controlling the flow of our life blood globally. They are the International Monetary Fund, the World Bank, and the World Trade Organization. They are non-democratic institutions dominated by major banking, corporate, and financial interests from around the world. The same vampires that are sucking us dry at home are taking our blood, our hopes and dreams, and exporting them as investments and loans to new host nations. The host nations are usually underdeveloped countries dominated by its own elite class of vampire capitalist who are usually not hindered as we are in the United States by the shredded remnants of a representative government, and they can rule by absolute terror and fear. These domestic vampires can usually ensure that there will be no laws, regulations, taxes, or labor unions to hinder their bottom-line appetites, and there will be an unlimited supply of cheap and child labor to feed off.
The World Bank, International Monetary Fund, and the World Trade Organization came out of the Bretton Wood Conference in 1944, and their original intent was to stabilize the world economy in opposition to the economic chaos that existed prior to the Second World War, an economic chaos that was believed to be one of the major causes of the war. That was then, but this is now, and even though institutions like this could still serve the common good if they were truly representative of the people, they are not.
International Monetary Fund
Originally, the stated goal of the International Monetary Fund was to stabilize currency rates and balance of payment deficits, or in other words, prevent more blood from going out of the nation than was coming in. However, over time, as the IMF has embraced the free market neo-liberal ideology of the vampire capitalists, the terms for loaning money to desperate underdeveloped and less developed countries have become more and more oppressive. Rather than the conditions and terms of repayment benefiting the debtor country and the global economic community as a whole, the terms of repayment exposed the veins of the debtor nation to the vampire capitalists who then bleed the host nation, especially the poor.
For example, as a condition for obtaining a loan, (1) the IMF requires the reduction of tariffs so as to open up the domestic market to an increased influx of foreign products and services thereby undermining the efforts of the host nation to create domestic alternatives and diversify its industrial and economic capacities. (2) The IMF demands an increase in interest rates to cool the economy and reduce inflation to protect the value of the money owed. This discourages domestic investment and borrowing, and the only winners are the financial institutions and banks that get to charge the increased interest rates. (3) The IMF also pushes for the privatization of government assets that insiders then can purchase at bargain basement prices, and, at the same time, they demand cutbacks in government services and programs, programs and services that reduce poverty, improve health care, and support education.
Basically, the supposed intent of the International Monetary Fund was to repair an economic system that was losing more blood than it was taking in, but, in fact, the IMF turns the leaks in the economy into puncture holes.
(This is an excerpt from Learn or Die: The New American Revolution by Marcello Tino)
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