From Keynes’s speech at the inauguration of the Fund and Bank in Savannah. Note the proviso “rightly or wrongly”: he thought it would be far more fitting to call the International Monetary Fund a bank, and the World Bank a fund.

From Keynes’s speech at the inauguration of the Fund and Bank in Savannah. Note the proviso “rightly or wrongly”: he thought it would be far more fitting to call the International Monetary Fund a bank, and the World Bank a fund.

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