counterfeit currency
It is my understanding the biggest counterfeiter of currency is the world today is the US government. Is not fiat money counterfeit by definition? no. in a system of fiat money, the state defines what's counterfeit and what's not. If you disagree, they've got more guns than you. by the way, I've wondered for awhile: what does the NRA think of Saddam's Iraq, where every household had an automatic weapon? isn't one gun per house supposed to defend the populace against tyrrany? if so, does that mean that Saddam wasn't a tyrant? jd
Re: counterfeit currency
In a message dated 7/11/2004 5:48:40 PM Central Standard Time, [EMAIL PROTECTED] writes: It is my understanding the biggest counterfeiter of currency is the world today is the US government. Is not fiat money counterfeit by definition? no. in a system of fiat money, the state defines what's counterfeit and what's not. If you disagree, they've got more guns than you. Comment You are Correct. Trying to be clever never works . . . especially when you have very few guns . . . or power. :-( Melvin P. PS. Does this mean to get rid of my counterfeit that works?
Re: counterfeit currency
Gresham's Law says that you should spread the counterfeit money quickly. There should be more counterfeit currency as a percentage of currency in circulation than in people's hoards of cash (unless it's recently been printed). a friend once found that his $20 was fake. He was so frustrated, feeling ripped off, that he immediately put it in a vending machine and bought a bunch of stamps. Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine PS. Does this mean to get rid of my counterfeit that works?
