There was a time when he International Monetary Fund was a byword for economic reaction. Governments were frequently told by IMF officials to tighten their budgets; monetary policy was often regarded as insufficiently anti-inflationary and, insofar as it dared, the fund would lecture trade unionists on the need for wage moderation.
國際貨幣基金組織(IMF)曾是「經濟反動」的代名詞。IMF官員頻頻告誡各國政府收緊預算；IMF常常認爲貨幣政策的抗通膨力度不夠，而且如果它有一定的勇氣，它還會向工會會員宣傳壓低工資的必要性。
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