BNW : Biafra Nigeria World Message Board: the Voice of a New Generation: Single African Currency

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Topic: Single African Currency

larry2
Advocate
Advocate # 1055

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posted

Peace!
See, it is extremely frustrating when one has the solution, yet that
solution is being ignored by those
in positions to implement that solution.

It makes no sense for Africans to continue seeking assistance from
foreign
governments. Africa is poor because Africans have no real money.
Now, since Africa has no money, let then Africa create its own money
using
the plentiful natural resources like gold, silver, nickel and platinum.
These precious metals are better than money in the bank.

The matter of a single African currency is a simple matter that will
render
the currency as a preferred currency because of its precious content
and it
would have a permanent lasting value,
the benchmark.

This is not a casual matter to be dismissed out of hand. This is the
kind of
money that would best aid Africans, their own money and not donor
money.
Donor money always come with conditions.
Those conditions usually always find the majority of that money back
into
the donor pockets or
some other undesirable condition.

But with African money, it will instantly become the premier worlds'
currency, backed by precious metals. it'll quickly out-value the euro &
the
dollar.

Even if you only threaten to use a single AU gold-backed currency, the
powerful and rich countries would have to offer major concessions
Africa for
you to abandon the idea because it would not be good for their
currency. But
that is fair trade, plain and simple.
Well, that would rid the poverty from Africa and that should be the
agenda
even though the rich and powerful may oppose it for the selfish reason
of
protecting their economy.

Let us not waiver in getting this done as I am available to assist in
this
currency matter. It should be minted in Africa, minted by Africans for
Africans and the entire world.

Thank you,
Larry L. Edwards
sovereign national

Posts: 12 | Registered: May 2005 | IP: Logged

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