posted on Aug, 15 2017 @ 01:19 PM
Franc CFA’s currency system
Main currency for 14 West and Central African countries.
Imagine that you pay everyday with your banknotes. Imagine that…
- Your banknotes were printed in the country that colonized your country
- This colonizing country keeps 65 % of international reserves in its central bank
- Your country has to pay interests if they want to withdraw money from these 65 %.
Well this is what is happening right now. Franc CFA is printed at Chamalières, France. Banque de France owns 65 % of international reserves from
these countries, and make them pay for each withdrawal. This system was one of the conditions from France to grant these fourteen countries
independence, back in 1960.
Not surprising that the richest country from these 14, ranks at 148th in term of GDP/capita parity purchase power.
They literally steal money of the poor and desperate, yet they always talk about human rights and how they care about humanity. Disgusting.
Why am I sharing this? Because I'm certain the vast majority never even heard of this, well now you have.