When Rep. Chuy Garcia, D-Illinois, learned about the International Monetary Fund’s surcharge policy, it felt familiar: “To me, this looks like the business model of payday lenders here in Chicago, not an economic development agency.” The IMF is the lender of last resort to countries experiencing economic difficulties. This emergency lending naturally comes at a […]
Author Archives: Francisco Amsler
Francisco Amsler is a researcher at the Center for Economic and Policy Research in Washington. He wrote this for InsideSources.com.