Imf Quotes

I don't know how many resolutions from the IMF or G-20 we have already written saying that such [financial] reforms are necessary for new growth.

I have full confidence in the IMF. It is a very strong international institution.

The interests of the IMF represent the big international interests that today seem to be established and concentrated in Wall Street.

The good thing about the IMF is there is no European politics involved.

The IMF is the International Mafia Federation. They're the loansharks of last resort.

I found myself doing extraordinary things that arent in the textbooks. Then the IMF asked the U.S. to please print money. The whole world is now practicing what they have been saying I should not. I decided that God had been on my side and had come to vindicate me.

The runs started in Thailand after the IMF intervened in such a dramatic way. Then the IMF came to Indonesia.

I do wish that the IMF and the World Bank would disappear soon.

There were times when there were riots in Africa, demonstrations against the IMF because of the policy advice they were giving, the conditionalities they were imposing, and the difficulties that arose out of the implementation of those conditionalities.

The world is governed by institutions that are not democratic - the World Bank, the IMF, the WTO.

We simply cannot afford any further delay in providing the IMF with the resources it requires to help contain the threat of further financial and political instability around the world.

When the President decides to go to war, he no longer needs a declaration of war from congress.

We're in a chronic debt-deflation. There's no way we can recover unless you write down the debts. And that's what the IMF basically is implying (and it was explicit regarding Greece), but its not spelling it out, because that's not what can be said in polite company.

The UK has a poor investment record. According to IMF data, we have come seventh out of the top seven industrialised countries since 1999.

We're at the end of long cycle that began in 1945, loading the economy with debt. We're not going to be able to get out of it until you write down the debts. But that's what the IMF believes is unthinkable. It can't say that, because it's supposed to represent the interest of the banks.

I think the IMF helped to detonate the Indonesian crisis.

The IMF and the World Bank, the most opaque and secretive entities, put millions into NGOs who fight against "corruption" and for "transparency." They want the Rule of Law - as long as they make the laws. They want transparency in order to standardise a situation, so that global capital can flow without any impediment.

By the way, the European Union Member States together - even the euro area Member States together - are by far the biggest contributors to the IMF.

Japan is the largest creditor country in the world, so we have made contributions to the stability of international markets and we want this IMF meeting to confirm that we will continue to contribute.

Americans are gathering the courage to just say no. We are saying no to addictive consumer lifestyles. We are saying no to wars and corporate takeover and the IMF loans that gobble up people and their resources.

With all that IMF money, the Thailand's and Mexico's are spared the consequences of their fiscal incompetence, and Wall Street's heavy hitters are spared the consequences of their stupid investments. The global economy is a rigged game, rigged so Third World politicians, rich investors and global corporations win - and U.S. taxpayers lose.

The dirty little secret is that both houses of Congress are irrelevant. ... America's domestic policy is now being run by Alan Greenspan and the Federal Reserve, and America's foreign policy is now being run by the International Monetary Fund [IMF]. ...when the president decides to go to war, he no longer needs a declaration of war from Congress.

My congratulations on the occasion of the 60th anniversary of the October Revolution.

The IMF economists were doubtless shaken by the extreme failures of their prescriptions over many years, and by the collapse of the intellectual edifice of economic theory on which they were relying.

What is the worst, is that you will have the meltdown of Zimbabwe that the IMF is talking about. And indeed what you will have is growing unemployment in Zimbabwe, growing impoverishment among the people, growing social conflict. And I think that is the worst sort of outcome, that collapse of Zimbabwe certainly would have a much, much worse effect on the region than mere image.

If the IMF is correct (a big if), China will be the planet's No.1 economy by 2016. That means whoever's elected in November next year will be the last president of the United States to preside over the world's dominant economic power.

The United States is pushing as policy division of the world into rival currency camps - the dollar area on the one hand, and the Russia-Chinese-Shanghai Cooperation Organization group on the other, especially now that the IMF has changed its rules. People think that if there are rival currency groupings and national currencies are going bust, we might as well use gold as a safe haven.

The IMF is a more complicated issue. I think there is a broad sentiment among both the left and the right that the IMF may be doing more harm than good. On the right, there's the view that it represents a form of corporate welfare that is counter to the IMF's own ideology of markets. But anybody who has watched government from the inside recognizes that governments need institutions, need ways to respond to crises. If the IMF weren't there, it would probably be reinvented. So the issue is fundamentally reform.

Look at Ukraine. Its currency, the hernia, is plunging. The euro is really in a problem. Greece is problematic as to whether it can pay the IMF, which is threatening not to be part of the troika with the European Central Bank and the European Union making more loans to enable Greece to pay the bondholders and the banks. Britain is having a referendum as to whether to withdraw from the European Union, and it looks more and more like it may do so. So the world's politics are in turmoil.

The IMF insisted that both Russia and Brazil maintain their currency at over-valued levels. Who are you protecting when you try to maintain that exchange rate by having high interest rates? You're protecting domestic and foreign firms that have gambled on the exchange rate. And who is paying the price? The small businesses that did not gamble [and no longer can afford loans], the workers who are going to be put out of jobs.

One by one, these governments came undone, and were forced into IMF tutelage (and national illegitimacy) by the careening oil prices, the debt imbroglio, and falling terms of trade. The last of these governments to fall were the Communist regimes of eastern Europe, which have now gone the way of other Third World countries. The second in the cascade of bifurcations is thus symbolized by 1989.

International institutions like the Security Council, the General Assembly, the G20, the BRICs, the IMF, etc., continue to be little more than an extension of the (increasingly conflicting) values and interests of member states.

The culture of death is imposed by economic and political interests, the arrogance of power, corruption. I blame the first world for having taken our riches for so many years. I am speaking of the superpowers that dominate the life of the world. More concretely, the World Bank, the IMF. Those that have caused and tolerated the death of our people, those responsible for the plundering of the third world. Silence is also part of repression.

Political uncertainty around the world has more than doubled since the election of Trump. To find anything comparable we have to go way back, to the late 1920s for example, the times of the Great Depression. Or think of the United Kingdom in the 1970s, when the International Monetary Fund had to help the country out with a dramatic rescue operation. Up until the Greek crisis, that was the last time that the IMF was forced to intervene to such an extent in Europe.

In Egypt the neoliberal programs have meant statistical growth, like right before the Arab Spring, Egypt was a kind of poster child for the World Bank and the IMF [International Monetary Fund:] the marvelous economic management and great reform. The only problem was for most of the population it was a kind of like a blow in the solar plexus: wages going down, benefits being eliminated, subsidized food gone and meanwhile, high concentration of wealth and a huge amount of corruption.

What can Americans learn from the Olympics spectacle? According to the IMF, China will succeed America as the dominant economic power in the course of the next presidential term, so Howard Fineman, editorial director of the Huffington Post and MSNBC mainstay, was anxious to pick up tips. 'Brits long ago lost their empire,' he tweeted, 'but overall show us how to lose global power gracefully.' So there's that.

Every government, from the Obama administration right through to Angela Merkel, the Eurozone and the IMF, promise to save the banks, not the economy.

If it is an element of liberation for Latin America, I believe that it should have demonstrated that. Until now, I have not been aware of any such demonstration. The IMF performs an entirely different function: precisely that of ensuring that capital based outside of Latin America controls all of Latin America.

Too many politicians seem to reach for 'infrastructure' as the default answer to investment, as if roads and bridges were the answer to everything. Even the IMF and the World Bank seem to mainly offer infrastructure spending as an alternative to austerity, although they are right to focus on the need for investment.

But such IMF pressure is very much helpful for me to push such a, you know, reform. So in this sense I think IMF is very much helpful for alien society.

The United States has given frequent and enthusiastic support to the overthrow of democracy in favor of "investor friendly" regimes. The World Bank, IMF, and private banks have consistently lavished huge sums on terror regimes, following their displacement of democratic governments, and a number of quantitative studies have shown a systematic positive relationship between U.S. and IMF / World Bank aid to countries and their violations of human rights.

There have been many claims that [U.S.] sanctions have hurt Burma economically, but I did not agree with that point of view. If you look at reports by the IMF, for example, they make quite clear that the economic impact on Burma has not been that great. But I think the political impact has been very great and that has helped us in our struggle for democracy.

The Muslim leaders swallow the advice of the Western powers and bodies like the IMF and World Bank, even when it is bad for their countries and they know this.

We must work to repeal trade agreements that impede access to affordable generic drugs. We must work to cause the IMF and the World Bank to reduce and eventually eliminate the debt that takes poor nations' resources away from crises like AIDS. We must focus America's leadership on addressing and ending this epidemic.