IMF Head: “We didn’t know the effects of money printing.”

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Some context to remember:

The IMF is not the Fed.

The IMF isn’t an American organization (though the Us is its largest supporter)

The Fed is not the Treasury.

She never said what’s “quoted” above.

She has no power over “money printing” in any of the IMF-member nations.

She’s talking about loans and how they injected too much cash into countries that were not prepared to utilize it.


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