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Financial Empire w/ Daniela Gabor & Ndongo Samba Sylla
The Dig
Olaba Souse - The Transfer Problem
2min Snip
00:00
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The monetary system we have internationally is a non because it doesn't work for the fr frgbes olaba souse. It's one aspect of what kans called the transfer problem. That means file if you have your local currency, yo. You are in guenea and franc and you want to buy goods abroad, normallyyou need you as dollars. But in this international military system, there is not a free mechanism of converting lesser currencies or sovereign currencies. So that means that those who are at the bottom of a monetaryarcy, they tend to suffer from that situation.
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