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Dave Wise (Neoteric Wood Art)'s avatar

What can you tell me about Gadaffi and his attempts at transforming to a gold standard? From what I understand, this was the reason why he was overthrown by the U.s. You probably know a thing or two about the history of Libya. Thanking you in advance.

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Rob Dawson's avatar

This is such an important and often misunderstood debate—thank you, Magatte, for cutting through the noise with clarity.

What gets missed in many Western commentaries is how monetary infrastructure—like the CFA franc—isn’t just economic policy. It’s a form of emotional governance. A psychological residue of empire dressed up as financial “stability.” The very idea that France, a former coloniser, still guarantees and governs African currencies while locking capital into its own coffers is neocolonialism in code.

George the Poet captures this tension beautifully in Track Record. He doesn’t just talk about wealth extraction—he names the cultural theft, the epistemic silencing, the emotional gaslighting of being told your dependency is your fault, when it was designed that way.

“They robbed the gold and sold the dream. Now they say we’re poor because we can’t manage the nightmare.”

The CFA debate isn’t just about economics—it’s about narrative sovereignty. About who gets to tell the story of African competence, ambition, and direction.

We need more discussions like this that centre economic dignity as inseparable from political freedom.

#EconomicJustice #NarrativePower #CFAFranc #Decolonisation #GeorgeThePoet #TrackRecord #MaintenanceGospels #LotBO #SubstackCommunity

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