Changes
Emphasizing it's first head was Harry Dexter White, a proven soviet spy put in place by a Democrat President who was previously told White was a communist spy.
The '''International Monetary Fund''' ('''IMF''') is the an international organization first headed by [[Harry Dexter White]], a proven Communist spy placed there by President [[Truman]] (D) even after [[Truman]] was warned White was a soviet spy; the IMF is entrusted with overseeing the global financial system by monitoring foreign exchange rates and [[balance of payments]], as well as offering technical and financial assistance when asked.
The IMF keeps account of international [[balance of payments]] accounts of member states, and for members in financial distress can acts as a lender of last resort, e.g. currency crisis, problems meeting balance of payment when in deficit and [[Default|debt default]]. Membership is based on quotas, or the amount of money a country provides to the fund relative to the size of its role in the international trading system.
