In defence of MMM

By Andile Mngxitama “Permit me to issue and control the money of a nation and I care not who makes the laws.” – Mayer Amschel Rothschild, founder of the Rothschild International Banking Dynasty Almost two months ago I had decided to join the MMM self-help scheme on a trial basis and promised to provide written …

Are Banks Mere Ponzi Schemes?

There is currently a big debate in SA following weeks long campaigns by the major banks to warn the public about the “pyramid scheme” called MMM, which was created by an anti establishment Russian mathematician Sergey Panteleevich Mavrodi. More specifically MMM is described on its website as follows: “MMM is a Global Mutual Aid Fund, …