monetary Sovereignty

“It's good”, said the entrepreneur Henry Ford in 1937 , “that people have no idea how our banking and monetary system works, otherwise there would be a revolution before tomorrow morning". There's no doubt about it, Indeed, that the sovereignty of a country e, so, of a people, you also and above all pass through the possession of the coin current within a nation.

The struggle for full independence and sovereignty is crossed by a long trail of blood, sabotage and coups d'état: from Operation Persil, which destabilized Guinea's economy, to the assassinations of the Togolese president Sylvanus Olympio and the famous president of Burkina Faso Thomas Sankara. Subject of the dispute, a coin that, despite the official end of colonialism, keeps the former French colonies on the black continent in a state of currency servitude towards the former metropolis: il Franco CFA, recently entered the Italian and European political debate.

Know the perverse mechanisms of a born currency, and still maintained today for the pure advantage of France, This is the objective that the French journalist has set herself Fanny Pigeaud and the Senegalese economist Ndongo Samba Sylla in the essay “France's secret weapon in Africa”, out today for Fazi Editore thanks to the translation by journalist Thomas Fazi.

The CFA Franc, currently used by the two monetary zones defined as UEMOA (West African Monetary and Economic Union) e CEMAC (Central African Economic and Monetary Community), comprising in all fourteen countries plus the Comoros islands which use their own Franc, represents a unique case in the world economy: France is the only country in the world that directly issues and manages currencies other than its own, obtaining for himself a “exorbitant privilege”, as former president Giscard d'Estaing defined it, in terms of economic power, geopolitical and commercial.

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source – https://oltrelalinea.news/2019/05/01/il-saggio-che-svela-il-meccanismo-diabolico-del-franco-cfa/

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  • THE QUANTITY’ OF MONEY CIRCULATING AND ISSUED BY A NATION E’ EQUAL TO THE WEALTH PRODUCED. CREATING MONEY ABOVE WITHOUT TAKING ACCOUNT OF THIS ELEMENTARY LAW OF THE ECONOMY MEANS THE DESTRUCTION OF THE SYSTEM. WHICH?? THE CAPITALIST ONE.

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