Assuming Quote by Michael Hudson

“To enable lending to proceed when the IMF’s sustainability criteria were not met, its bureaucrats designed the “systemic risk waiver.” It was a model…

— Michael Hudson

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…

— Michael Hudson

Debtor countries may postpone the inevitable by borrowing from the IMF or U.S. Treasury to buy out bondholders. This saves the latter from taking…

— Michael Hudson

“IMF is really designed to protect creditors not debtors.”

— David Graeber

The IMF is set up to deal with liquidity crises.

— Steve Hanke

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…

— Michael Hudson

The IMF acts on the mandate of the international community.

— Antonio Guterres

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

— Gerald Celente

The IMF is a more complicated issue. I think there is a broad sentiment among both the left and the right that the IMF…

— Joseph Stiglitz

The IMF and the World Bank, the most opaque and secretive entities, put millions into NGOs who fight against "corruption" and for "transparency." They…

— Arundhati Roy

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

— Hugo Chavez

By promising to intervene in vulnerable markets in the event of excessive financial volatility, the IMF, as the largest player, would reduce coordination problems…

— Gita Gopinath