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World

Mission creep has infected the IMF and the World Bank

24 April 2025

8:34 PM

24 April 2025

8:34 PM

The following is a transcript of a speech delivered yesterday by the Treasury Secretary Scott Bessent.

In the final months of World War Two, Western leaders convened the greatest economic minds of their generation. Their task? To build a new financial system.

At a quiet resort high up in the mountains of New Hampshire, they laid the foundation for Pax Americana.

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