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๐Ÿงต CFA Franc

Anonymous No. 16113807

Could someone explain to me how this works?

https://x.com/EvaVlaar/status/1593915088942923777

https://youtu.be/_-u1Pjce4Lg?feature=shared

https://youtu.be/36vYRkVYeVw?feature=shared

https://youtu.be/0ArGU027WvM?feature=shared

https://youtu.be/q-C8ogD6E8c?feature=shared

Anonymous No. 16113817

>>16113807
Its nonsense. the CFA franc is the most obviously good feature of french colonialism. It only gets demonized because its very visibly in your face and because colonialism=bad.
No one has shown that the CFA does any actual damage. The criticisms are always about how it constrains africoons of some freedoms to do dumb shit like print infinite amounts of money.
French colonialism is bad because its sucks out physical capital out of Africa, not because of the CFA.

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Anonymous No. 16113819

>>16113807
everybody in there for those sweet resources

Anonymous No. 16113820

>>16113819
How old is this? China's presence in Africa now dominates.

Anonymous No. 16113862

>>16113807
OP when Africans run their own banks you get Zimbabwe inflation