Several conditions must be met to ensure the successful launch and operation of a multilateral currency.
  • blackfire@lemmy.worldEnglish
    41·
    8 months ago

    This sounds like setting up a whole load of infrastructure is really expensive and more work than they really should be going through. They need to stabalise their existing economies not throw them in a blender for a couple of years

    • HenriVolneyEnglish
      4·
      8 months ago

      Don’t worry! Russia will gladly give a hand. Let’s name the new currency the West African Rubble!

      • jwt@programming.devEnglish
        6·
        8 months ago

        Yes, excellent name! I wonder what one WAR would do on the currency market.

    • RubberDuck@lemmy.worldEnglish
      3·
      8 months ago

      These are the leaders that took over their countries with a military coup, now Limited by the amount of financial fuckery they can do because their currencies are maintained by the French central bank.

      This has nothing to do with freedom, or economy but with military dictators wanting more freedom to loot the coffers. So the consequences to the country are irrelevant.