Global Power Project: Central Bankers and the Institute of International Finance, Part 3 by Andrew Gavin Marshall

by Andrew Gavin Marshall
Writer, Dandelion Salad
andrewgavinmarshall.com
Originally published on Occupy.com
October 30, 2013

In Part 1 of the Global Power Project exposé on the Institute of International Finance, I examined the origins and evolution of an organization representing the interests of global banks. In Part 2, I looked at the role played by the IIF and its leadership during the European debt crisis. In this third and final part in the series, I examine the relationship between the IIF and global central bankers.

Since the early 1990s, the IIF has been heavily involved working with central bankers, particularly through the Bank for International Settlements (BIS) in Basel, Switzerland, where private bankers have been granted a powerful position determining their own regulations in international financial markets. Continue reading