Circulating Remittances

Page 1 <img data-url='document/circulating-remittances.html?page=1' data-page='1' class='cut-thumb lazyload' alt='Page 1: Circulating Remittances' loading='lazy' src='data:image/gif;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAYAAAAfFcSJAAAADUlEQVR42mNk+P+/HgAFhAJ/wlseKgAAAABJRU5ErkJggg==' data-src='https://reader043.cupdf.com/reader043/viewer/2022032003/55c543b6bb61eb23398b4821/html5/thumbnails/1.jpg' width='140' height='200' /> Circulating Remittances, Arbitraging Value

By Smoki Musaraj

Institute for Money, Technology, and Financial Inclusion

University of California, Irvine

Page 2 <img data-url='document/circulating-remittances.html?page=2' data-page='2' class='cut-thumb lazyload' alt='Page 2: Circulating Remittances' loading='lazy' src='data:image/gif;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAYAAAAfFcSJAAAADUlEQVR42mNk+P+/HgAFhAJ/wlseKgAAAABJRU5ErkJggg==' data-src='https://reader043.cupdf.com/reader043/viewer/2022032003/55c543b6bb61eb23398b4821/html5/thumbnails/2.jpg' width='140' height='200' /> Durim’s book of accounts of deposits to the pyramid scheme, Gjallica.

Photo by Smoki Musaraj, September 2008.

Page 3 <img data-url='document/circulating-remittances.html?page=3' data-page='3' class='cut-thumb lazyload' alt='Page 3: Circulating Remittances' loading='lazy' src='data:image/gif;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAYAAAAfFcSJAAAADUlEQVR42mNk+P+/HgAFhAJ/wlseKgAAAABJRU5ErkJggg==' data-src='https://reader043.cupdf.com/reader043/viewer/2022032003/55c543b6bb61eb23398b4821/html5/thumbnails/3.jpg' width='140' height='200' /> The Moneychangers at “Kapelja,” (The Hat) Vlora, 1996

Photo credits to Peace Corps Volunteer, Robert Nagle

Page 4 <img data-url='document/circulating-remittances.html?page=4' data-page='4' class='cut-thumb lazyload' alt='Page 4: Circulating Remittances' loading='lazy' src='data:image/gif;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAYAAAAfFcSJAAAADUlEQVR42mNk+P+/HgAFhAJ/wlseKgAAAABJRU5ErkJggg==' data-src='https://reader043.cupdf.com/reader043/viewer/2022032003/55c543b6bb61eb23398b4821/html5/thumbnails/4.jpg' width='140' height='200' /> Thresholds of Value Conversion

Page 5 <img data-url='document/circulating-remittances.html?page=5' data-page='5' class='cut-thumb lazyload' alt='Page 5: Circulating Remittances' loading='lazy' src='data:image/gif;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAYAAAAfFcSJAAAADUlEQVR42mNk+P+/HgAFhAJ/wlseKgAAAABJRU5ErkJggg==' data-src='https://reader043.cupdf.com/reader043/viewer/2022032003/55c543b6bb61eb23398b4821/html5/thumbnails/5.jpg' width='140' height='200' /> Currency Display, Immigrant Remittance CurrenciesLight Shop, Tirana, 2009

Circulating Remittances

Documents

photo credits

peace corps volunteer

currency display

thehat vlora

pyramid scheme

robert nagle