In an FT article, the French Economic and Finance Minister said the Libra project is “unacceptable,”. He went on to say that usurping the sovereign right of states to issue their own currencies, which will have dramatic and unforeseen repercussions. The Euro was put together in 1999 and member nations surrendered aspects of their sovereignty to a greater European project. To allow Facebook and other Libra Association members to issue private money would undermine this effort, he said. “Do we really want to give private interests such power, given the consequences it would have on trade and financial stability?” “The ... (full story)