IMF May Move From D.C. to Beijing, Chief Says

By:  Alex Newman
06/11/2014
       
IMF May Move From D.C. to Beijing, Chief Says

Days after attending shadowy meetings with top globalists and a member of the Chinese Communist Party Central Committee, International Monetary Fund boss Christine Lagarde shocked the world by saying IMF headquarters could someday move from Washington, D.C., to Beijing.

The spectacular statement, which came after her attendance at the infamous Bilderberg summit and the Rothschild-organized “Inclusive Capitalism” conference, came amid an ongoing establishment effort to prepare the world for major economic and political changes in the coming years.

The controversial Fund has been based in the District of Columbia since its founding in 1944, with U.S. taxpayers responsible for most of the global outfit’s funding. As the establishment increasingly and openly puts its weight behind the brutal communist regime ruling over mainland China, however, the IMF and its member governments are quietly working to give Third World dictatorships much more influence in how the institution operates. “The way things are going, I wouldn’t be surprised if one of these days the IMF was headquartered in Beijing,” Lagarde said at the London School of Economics this week, adding that she did not think it was “fate” that the outfit should be run by a European.

As The New American has documented extensively, in addition to scaling back Western governments’ control over the IMF, powerful forces from around the world are also plotting to super-size the outfit. From the largely socialist and communist regimes ruling the BRICS (Brazil, Russia, India, China, and South Africa) to the European and American political establishments, the effort to make the IMF into a sort of global central bank is now in full swing. With the U.S. dollar set to eventually lose its prized status as the global reserve currency, globalists are hoping to replace it with the IMF’s proto-global currency known as Special Drawing Rights (SDRs).

Right now, the only obstacle standing in the way of a “reform” package dramatically empowering the IMF is the U.S. Congress. If and when the plot is approved, the Fund would have twice as much taxpayer wealth to throw around. The U.S. government, meanwhile, would lose much of its influence in IMF decisions, with the power being distributed to the Communist Chinese dictatorship and other unsavory regimes known for oppression and corruption. The Obama administration has been firmly behind the plot and even tried unsuccessfully to exploit the crisis in Ukraine to ram it through Congress.

The globalist founders of the IMF, Lagarde explained in London, decided that the Fund should be headquartered in the nation that contributed the most to its budget. Today, that is still the United States. However, if and when the Communist Chinese regime assumes that role — and that day appears to be approaching quickly, with the deliberate connivance of the Obama administration and the establishment — the headquarters would move to Beijing. “It would be the articles of the IMF that would dictate it,” the French IMF boss explained.

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Photo of Christine Lagarde: AP Images

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