How the International Monetary Fund, the world's economic firefighter, works for global monetary cooperation and prosperity while using its own made-up currency, the SDR.
Topics covered include:
What was the Bretton Woods monetary system that led to the formation of the IMF and the World Bank
How the World Bank and IMF differ
What does the IMF do
How the IMF creates its own money out of thin air
Why does Argentina, the IMF's largest borrower, keep defaulting on its debt obligation including those to the IMF
Why the IMFs negotiating tactics are controversial
