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bombLetter to the IMF relation to the
Headbombno-value-ECM - 05/12/16
bombLetter to the CDU Youth Union - 14/11/16 bombLetter to the IDW regarding
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bombLetter to the european Financial
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bomb14th Letter to the Parliament for Judicial
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bombLetter to the IMF - 17/10/13
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bombPetition for the introduction of genuine, direct
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bombPetition against corruption - 25/03/2013 bombCriminal complaint re. Target 2 10/11/2012 bomb1st Constitutional Complaint - against the
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HeadbombEnquiry to the IMF

The International Monetary Fund IMF belongs to the United Nations, and has its headquarters in Washington, D.C., USA. Its tasks include: to promote international cooperation in monetary policy, expansion of world trade, stabilisation of exchange rates, lending, monitoring of monetary policy and technical assistance.

The IMF was founded in 1944 along with its sister organisation the World Bank as a result of the Bretton Woods Conference. Both organisations are therefore also Bretton-Woods institutions. Currently 188 member states belong to the IMF, whose voting rights are based on their share of the capital. The USA, Japan, Germany, France and China are among the countries with large shares of the vote.

The members of the IMF can obtain financial assistance in case of payment difficulties, and under certain conditions obtain loans. Such conditions can be bound, for example, to the reduction of government spending, inflation must be low, exports must be increased. The IMF even has the power in this context to request, for example, the privatisation of state institutions and can be also responsible for ensuring that employees are laid off.

The IMF also includes its own control and supervisory bodies, such as the Board of Governors, the International Monetary and Finance Committee (IMFC), the Executive Board, the Committee on Development and the Financial Stability Forum.

In the course of the Euro crisis and the devaluation of the Euro, the IMF, as well as other organisations and institutions designed to stabilise the financial market, has come under the influence of decisions which seem to justify or even promote the alleged rescue of the Euro. Some of these decisions help to ensure that the Euro will not be saved, but that the devaluation of the Euro will continue in the interests of political and partisan interests. Thus, the IMF has forfeited its compensating function.

The Alliance for Democracy has therefore asked the IMF how it assesses the decline of democracy and the machinations over the Euro rescue, and why no national assessments have been published, although they appeared at regular intervals up to 2006, and served as useful indicators of the total level of debt of countries. So far we have received no answers to our enquiries – we therefore continue to ask, and wanted to know, for example, how the IMF assesses the growing costs of delay, which annually burden the national budgets of the Euro-European countries, although they are not listed in the accounts, but will mean that the taxpayers will sooner or later have to pay for the billions in losses. This development is intended, because the European governments and also the IMF are doing nothing to prevent it. This development will ensure that the Euro will continually decrease in value. Immediate currency reform can help, as the Alliance for Democracy has been demanding for years.