Oddcast DOUBLE DOSE! - Hidden History Series Part 1
Sep 15, 2021 ·
31m 40s
Hidden History Series. I explore the history of perhaps the most important financial institution in the world. Have you heard of it? The Bank For International Settlements was created on...
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Hidden History Series. I explore the history of perhaps the most important financial institution in the world. Have you heard of it? The Bank For International Settlements was created on "May 17, 1930" to handle the WW2 reparations placed on Germany under the Treaty of Versailles called the Young Plan. There were several very powerful individuals who played a role in the founding of BIS. Per Jacobssen who was eventually named managing director of the International Monetary Fund IMF. He was a member of the Economic and Financial Section of the League of Nations Secretariat from 1920 to 1928. Charles G. Dawes CFR member in which the Dawes Committee was named after. It was a board tasked with a plan to implement the reparations. He was the director of the United States Bureau of the Budget in 1921 and later served on the Allied Reparation Commission in 1923 *Owen D. Young chairman of G.E. & CFR Board Member Hjalmar Schacht co-founder in 1918 of the German Democratic Party, & Currency Commissioner and President of the Reichsbank. Sir Montagu Norman, Governor of the Bank of England for many years, was a partner of Brown, Shipley and Company, & 30th vice president of the United States from 1925 to 1929.
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