Once you understand the power of a sovereign currency creator a lot of things become clear. For instance, every damn time some idiot attempted to reduce the "national debt" in America via austerity and taxation resulted in a deep recession or depression. The IMF simply exports this dynamic onto the world by diverting a nation's ability to create its own currency to pay down debt denominated in a currency it cannot create or control, most often US dollars. This makes the country's exports very cheap and its imports very expensive.

WWII was the result of Germany paying reparations for WWI denominated in Francs, Pound Sterling, or gold. The resulting economic burden needlessly imposed on the German people gave rise to the extremism of the Nazis. The country was already suffering from the loss of general production capacity and simply became overwhelmed by debt. England, by the way, just recently paid off its US dollar denominated debt from that war.