This episode explores the historical context of the CFA franc and its implications for wealth extraction in France and Africa.
Part one of a series on the CFA franc, the currency France created for its African colonies on Boxing Day 1945 and still runs today, across fourteen countries and more than two hundred million people. In this episode you will discover: How the Nazi occupation actually extracted wealth from France, which had almost nothing to do with soldiers and everything to do with an exchange rate, an occupation currency, and France's own central bank being legally forced to do the workWhy Charles de Gaull...
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