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This is very interesting - it is true that, just like America aimed to control France with pegging currencies against the dollar, France aimed to control Africa by allocating derivatives of their own currency to each country.

Ashis Nandy talks about this psychology and vicious cycle of colonialism in his book "Coloniser and Colonised". The colonised (in this case France as a subject to US soft power) often oppress their own people or other people.

Sami

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