There are reports that a large volume of counterfeit currency is in circulation. Apparantly the government is worried. I wonder why. Nobel prize-winning economists tell us that a recessionary economy needs “stimulus”. Counterfeit currency is “stimulus” too. Shouldn’t we be applauding the counterfeiters for creating additional “demand” and thus helping the “economy as a whole”?
Posted on August 1, 2009 by K. M.