All posts tagged: franc

The Constant Inflation is Due to Currencies that Lose their Value Constantly, as They are not Based on Gold and Silver

Like other currencies, the Dollar, the Pound and the Franc, originally, the Rupee was backed by real tangible wealth in the form of a precious metal. In the case of the Dollar, it was gold, in the case of the Rupee it was silver. This system stabilized the value of the monetary unit both internally […]

Q&A: Latest Political Developments in Chad

Question: On 20/4/2021, the Chadian army announced the killing of Chadian President Idriss Deby in a battle in the north against rebels who had arrived from southern Libya, and announced the formation of a military council headed by the son of the murdered President, commander of the Presidential Guard, Mahamat Deby, for a transitional period […]