3. Fix the Money Fix the World

Fix the Money Fix the World

This video is from 2019

France made it mandatory to keep 50% of the money in reserves, as a guarantee, to stabilize the currency(*). At no point did they pocket it.

Since this video and the bad buzz that followed in Africa, (Because, even though France did not pocket the money, there are some legit concerns about why France would have such drastic power over another country's money) France started talks with the african countries using CFA to let them re-take sovereignty over their moneymaking policies.

(*) CFA did prove relatively stable compared to other african currencies. Some argue that it made it better for CFA users (More stability = Better country safety and bigger loans to finance projects) some others do not (With their own monetary policies they could maybe have used the money printer to finance new projects that would in turn make bigger profits.)

Disclaimer : I'm french, I tried to be unbiased here. Of course I don't like this b*tch shittalking about my country using made up arguments.

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