Where does the world bank and IMF get there money from?
Well who or what person gives money to world bank and IMF?
- SumDudeLv 72 months ago
The IMF does not have money as such. They facilitate the exchange of goods, services, and money payments between countries (and charges a small fee to pay for their bills).
- Davie BwoiLv 62 months ago
Same place the Fed and Bank of England and European Central Bank get theirs. It’s created from fresh air. The scam/ system is called fractional reserve banking.
- Anonymous2 months ago
Good question, I wish I knew the answer. Ideas include: the government itself; printing it themselves in the basement; interest on loans to developing countries which is really just a modern form of enslavement.