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| The Results of Financialization - Part IV - A Fiat Currency Failure Since the US lifted anchor on the Gold Standard in August 1971 making the US Dollar a Fiat Reserve Currency, the US economy has been propelled forward, no-longer tethered to the principles of Sound Money. Unfortunately, the reality is that this sort of political expediency is the equivalent of building ...
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| Two Mwanza women fined for illegal possession of foreign currency MWANZA-(MaraviPost)-The Mwanza First Grade Magistrate Court this week fine two women for illegal possession of foreign currency. The suspects identified as a 39-year old Elizabeth Maele 39 and Kalitina Cathy Banda, 50 who were fined to pay a fine of MK100,000.00 and MK50,000.00 respectively.
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