Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

there's also the Francs CFA, meaning that these countries non-shadow economy is - in effect - still managed by France...


What do you mean by "managed" exactly?


I don't know what he means exactly but the main consequence is that the Franc CFA is pegged to the Euro. It has a big impact but I wouldn't call this "managing their economy".


I would say it has its advantages and issues but in any case, it's not being imposed on any country. Many have chosen not to use it.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: