[DesertRhino]

I no longer understand the reason for going after counterfeiters. The Secret Service estimates 70 million worth is rattling around out there. And maybe 45 million of North Korean super notes.

That’s going to destabilize our currency, but this year alone the Fed will print 50,000 times that amount of counterfeit.

I don’t get it.

[uranium penguin]

So, you’re saying
they are merely, undocumented denominations..

AND THEY VOTE!

[fhayek]

You may be on to something there. Instead of going through all the cost to print off legitimate money, or more precisely, going through all the bureaucratic expense of operating and maintaining the Federal Reserve Open Market Committee, why not just allow free-lancers do all of the heavy lifting? Simply accept whatever bogus money as currency. Get a machine at the Federal Reserve that will scan and destroy fake money as it comes in, just to maintain equilibrium in the money supply. Seems like the whole process would be streamlined.

But, but, but, the counterfeiters are creating money out of thin air, you say? That is exactly what the Fed does.

[SaxxonWoods]

“I no longer understand the reason for going after counterfeiters.”

In this case the crime was theft of cash from the register by an employee. The store took the loss.

[Pining_4_TX]

I think it was Walter Williams who said that if you are ever arrested for counterfeiting, just tell them you were engaged in monetary policy.