I have an older dictionary, one of those big fat ones, a Webster College dictionary. In that dictionary there is an entry for the International Monetary Fund. Under that entry is a list of major world countries that were part of the IMF at the time. There is, also, a smaller list of the countries that had not accepted the IMF at that time.

The larger list, the IMF countries, is about 150 strong. The smaller, the non-IMF countries, is about 20 countries long.

In the mid '60s, the nations of the world that had the worst poverty, famines, government coups, disease, strife, etc., were the non-IMF countries... on the smaller list.

So, let's watch Iceland. Let's watch and see if they will go so far as to push the IMF out of their country. And if they do, let's see if any special kinds of poverty, famines, government coups, disease, strife, etc. happen to them.

IF the USA pushes the Federal Reserve Bank (virtually the American IMF bank) out, it will be a similar thing. It will be interesting to see what will happen if we do. In fact, it is our monetary freedom, almost too strong for IMF control, that is pushing the Fed and the IMF to bring the present economic strife onto America right now.

but isn't the  'Fed'  a private entity?  Thought those were the good ones.