Satoshi's Plebs

The CFA and How Developing Countries Get Scammed


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This episode I complete the discussion of the CFA and how France uses it to control the monetary policies of the fourteen member countries. This include devaluation of the CFA (multiple times) as well as policies used to tilt import/exports into the favor of France.

News and Links

https://www.nytimes.com/1994/02/23/world/french-devaluation-of-african-currency-brings-wide-unrest.html

https://en.wikipedia.org/wiki/CFA_franc

https://www.dw.com/en/africa-and-france-an-unfulfilled-dream-of-independence/a-54418511

https://www.investopedia.com/articles/forex/061015/top-exchange-rates-pegged-us-dollar.asp

https://en.wikipedia.org/wiki/International_status_and_usage_of_the_euro#Pegged_currencies

Podcasting 2.0 Apps available at http://newpodcastapps.com/ and Value4Value information page available here: https://value4value.info/

I can be reached by email at [email protected] and on twitter at @McIntoshFinTech. My mastodon handle is @[email protected]. I'm also on matrix at @mcintosh1775:matrix.org. Looking forward to hearing from you!

Website

https://gen-btc.com

Music Credits

Rock Guitar Intro 07 by TaigaSoundProd

Link: https://filmmusic.io/song/8342-rock-guitar-intro-07

License: https://filmmusic.io/standard-license

Funky Life by WinnieTheMoog

Link: https://filmmusic.io/song/6040-funky-life

License: https://filmmusic.io/standard-license

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

I can be reached by email at [email protected] and on Twitter at @McIntoshFinTech. My mastodon handle is @[email protected]. Looking forward to hearing from you!

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Satoshi's PlebsBy McIntosh

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