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I love Mama Money because it is Africa’s first cashless money transfer that allows Zimbabweans living in South Africa to send money through their cellphone at a low rate of 5%.

Farai – Cape Town



I love being a Mama Money agent because I help a lot of people save money through the 5% service charge.

Blessing – Cape Town



I like being a Mama Money agent because it is innovative, smart and reliable.

Tsitsi – Johannesburg



Together we save more. Green pastures always show success.

Langton – Cape Town



I am proudly Zimbabwean. I’m happy being an agent because it gives me a chance to make a difference in my fellow countrymen’s lives.

Honest – Johannesburg



Being a part of the Mama Money family is a privilege knowing that I am helping my fellow brothers and sister save money and the nation as a whole. Thank you Mama Money.

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Citizens Burn Banks, Print Their Own Money as Fiat Founders

Citizens Burn Banks, Print Their Own Money as Fiat Founders 101
Source: a video screnshot, Youtube/FRANCE24 English

As conventional currencies struggle to cope with the coronavirus pandemic, citizens around the world are railing against traditional finance, and looking for new alternatives to cash.

In Europe, an Italian town has taken to minting its own currency in a bid to save the local economy.

Euronews reports that a town named Castellino del Biferno, in Southern Italy, has invested around USD 6,000 of central government handouts and the town council’s own savings into a local currency solution that includes printing watermarked “banknotes” for a new currency called the Ducati.

The council says the currency is pegged 1:1 with the euro, and is being produced at the town’s local printing shop. The council then issues the printouts to households in the town, with the needy receiving the largest number of Ducati notes.

The report states that the town’s mayor is the mastermind behind the

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Norwegian Air shares plummet as survival depends on rescue plan | Money

A Norwegian Air Boeing 737-800 is seen during the presentation of Norwegian Air first low cost transatlantic flight service from Argentina at Ezeiza airport in Buenos Aires, Argentina, March 8, 2018. — Reuters pic
A Norwegian Air Boeing 737-800 is seen during the presentation of Norwegian Air first low cost transatlantic flight service from Argentina at Ezeiza airport in Buenos Aires, Argentina, March 8, 2018. — Reuters pic

OSLO, April 14 — The shares of Norwegian Air plummeted today, and have now eroded almost their entire value from a 2015 peak, as the airline’s survival depends on creditors accepting a rescue plan proposed last week.

The shares slumped as much as 62.5 per cent as markets reopened after the Easter holidays. It was the first time they had traded since the airline outlined its rescue plan on April 8, which would convert US$4.3 billion of debt into equity, and raise some new equity – wiping out much of the remaining value of the company’s current shares.

The shares later regained some ground to trade at 5.8 crowns by 0917 GMT, down 29 per cent

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Opinion | For the Love of Money

IN my last year on Wall Street my bonus was $3.6 million — and I was angry because it wasn’t big enough. I was 30 years old, had no children to raise, no debts to pay, no philanthropic goal in mind. I wanted more money for exactly the same reason an alcoholic needs another drink: I was addicted.

Eight years earlier, I’d walked onto the trading floor at Credit Suisse First Boston to begin my summer internship. I already knew I wanted to be rich, but when I started out I had a different idea about what wealth meant. I’d come to Wall Street after reading in the book “Liar’s Poker” how Michael Lewis earned a $225,000 bonus after just two years of work on a trading floor. That seemed like a fortune. Every January and February, I think about that time, because these are the months when bonuses are

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Money Laundering – FindLaw

Bob has a cash-only diner downtown that does a so-so amount of business, even though Bob drives a Rolls Royce around town. Turns out, he also operates one of the city’s biggest methamphetamine operations. Authorities suspect his real source of income is something much shadier than selling omelettes and pie at the diner, but they can’t yet prove it. Turns out, Bob uses the diner to “launder” money from the illicit drug trade in an attempt to hide its true source.

Money laundering statutes make it a crime to transfer money derived from almost any criminal activity (including organized crime, white-collar offenses, terrorist activities, and drug transactions) into seemingly legitimate channels, in an attempt to disguise the origin of the funds.

History of Federal Money Laundering Laws

A number of laws

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National Right to Work Foundation Foundation Defends Michigan Teacher from Union Boss Money Grab as Union Sues for Dues Teacher Never Owed

Foundation helps teacher respond to Michigan Education Association lawsuit seeking collection of ‘back dues’ from her after she resigned her union membership

Ann Arbor, MI (April 24, 2020) – With free legal aid from the National Right to Work Legal Defense Foundation, Ann Arbor-area teacher Deborah Wolter is defending herself against Michigan Educators Association (MEA) union lawyers who filed a lawsuit claiming she owes thousands of dollars in back dues, despite the fact that the purportedly owed dues are for a period after she resigned her union membership. Under Michigan’s Right to Work law, nonmembers cannot be required to make any payments of union dues or fees.

As her response to the union lawsuit notes, Wolter does not owe MEA any dues because she resigned her union membership in August 2014. Because MEA’s demands for dues violate Michigan’s Right to Work law, Wolter’s attorneys are fighting to dismiss the union’s

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Slang Terms for Money



BORED? Play our free word games – INTERACTIVE HANGMAN

Moolah, marigolds… and a macaroni!?!

By Eric Shackle

“Always try to rub against money, for if you rub against money long enough, some of it may rub off on you.” (from Damon Runyon’s story, A Very Honourable Guy).

Dough, moolah, rhino, spondulicks… there are more slang words for money than for anything else apart from sex and drink   and since you may need money to obtain the other two, money should take pride of place. When it comes to places, there are villages named Penny Bridge (Cumbria), Shillingford (Devon and Oxfordshire), and Pound Bank (Worcestershire). Scotland’s smallest county, Clackmannanshire, has a village named Dollar. The map shows it’s near Dollarbank, Dollarbeg and the Burn of Sorrow.

The following British places have money names:

PENNY: Penny Bridge, Cumbria; Pennyfuir, Argyll &

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Money Supply – Econlib

What Is the Money Supply?

The U.S. money supply comprises currency—dollar bills and coins issued by the Federal Reserve System and the U.S. Treasury—and various kinds of deposits held by the public at commercial banks and other depository institutions such as thrifts and credit unions. On June 30, 2004, the money supply, measured as the sum of currency and checking account deposits, totaled $1,333 billion. Including some types of savings deposits, the money supply totaled $6,275 billion. An even broader measure totaled $9,275 billion.

These measures correspond to three definitions of money that the Federal Reserve uses: M1, a narrow measure of money’s function as a medium of exchange; M2, a broader measure that also reflects money’s function as a store of value; and M3, a still broader measure that covers items that many regard as close substitutes for money.

The definition of money has varied. For centuries, physical commodities,

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Money Smart for Small Business