Topic: African Monetary Fund

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Episode 300 2:16:41 - 2:23:29

300: Show 300!

African Monetary Fund, Real Motives for Libya Attack

An analysis by Jean-Paul Pougala suggests the real reason for the attack on Libya was Gaddafi's plan to establish an African Monetary Fund and an independent African central bank. This move would have threatened the influence of the IMF and the French-controlled CFA franc in Africa. The report also predicts that Algeria will be the next target due to its massive cash reserves.