Not sure how France controls the CFA. Yeah they hold some in reserve but it’s purely to be pegged to the Euro!
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I dont even know what CFA is but France is a joke of a country it arguably lost its super power status after 2nd Battle of the Aisne and certainly after they left Algeria - but ill be laughing when that guy is working rice farms in Yunnan in return for 1 petroyuan a day
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It’s the Central African franc. Pegged to the Euro and some reserves are held at the French central bank as collateral. But yeah, France is not a superpower. Paris smells of urine too.
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yea i could have googled that to sound smart but wanted to be honest - France still has a ton of softpower & major economy but pales in comparison to China which also grows in influence every day - not surprised i was in brussels once and it was like a mini Paris
End of conversation
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