White drafts the postwar stabilization fund plan
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- All the Presidents' Bankers: The Hidden Alliances That Drive American Power whole source · open book
By the spring of 1942, White had drafted plans for a “stabilization fund” and a “Bank for Reconstruction and Development.” His concept for the fund became the seed for the International Monetary Fund. The other idea became the World Bank.
chapter: Chapter 8: The Early to Mid-1940s: World War II, Bankers, and War Bucks
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- Harry Dexter White mentioned