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Young'sso-called Young Plan, the BIS's ostensible purpose was to provide the Allieswith reparations to be paid by Germany for World War I.

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The BIS was completely under Hitler's control by the outbreak of World WarII.
DuringWorld War II, when the nations, if not their central banks, were belligerents,the BIS continued operating in Basel, though the monthly meetings weretemporarily suspended.

World War II - United States American History

During World War II, Einzig, who had never forgotten the Czech gold affair,ran into J.W.
The BIS is the world's oldest international financial institution, havingbeen set up in 1930 with the twin aim of (1) coping with reparations/loansfrom/to a very unstable post-World War one Germany; and (2) more importantly,to act as a forum for central bankers in the future.


World War II was the mightiest struggle humankind has ever seen

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THEBIS was originally established in May 1930 by bankers and diplomats of Europeand the United States to collect and disburse Germany's World War I reparationpayments (hence its name).

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apex continuedits work during World War II as the medium through which the bankers —who apparently were not at war with each other — continued a mutuallybeneficial exchange of ideas, information, and planning for the post-warworld.

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Harry Dexter White senta memorandum to Morgenthau dated March 22, 1945, saying, "McKittrick's lettersare part of an obvious effort to stake out a claim for the BIS in the postwarworld.

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Tall and a trifle ungainly, with a balding high-domedhead, a high-pitched, intense voice, small, probing eyes, pince-nez, anda nervous, hesitant smile, Morgenthau was the son of Woodrow Wilson's ambassadorto Turkey in World War I.

BBC - Primary History - World War 2

Sensing Adolf Hitler's lust for war and conquest, Schacht, even before Hitlerrose to power in the Reichstag, pushed for an institution that would retainchannels of communication and collusion between the world's financial leaderseven in the event of an international conflict.

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The World Bank/International Monetary Fund (IMF), the "Second Beast," wasfounded in 1946, after being drafted at Bretton Woods, New Hampshire, duringthe war in 1944.

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Treasury Securities, 95% have been floated since the end ofWorld War II to finance the Cold War against the "Evil Empire." Now Communismhas been deflated as an enemy; nativist fascist movements are being pumpedup all around the globe and the aggregate Debt is approaching the net worthof all the real estate and movables on the planet.