Thursday, July 15, 2010

Counterfeiting!

Hey, does a pro-counterfeiting position make sense at this point? If the Fed isn't going to expand the money supply and we're going to just stay here in our liquidity trap with unemployment over 9% and businesses sitting on piles of cash, maybe it's time for citizens to take matters into their own hands.

This crazy expansionary monetary policy idea brought to you by the author of "Japan Replaces Yen With Beef."

1 comment:

Anonymous said...

All that is old becomes new again. . .

http://en.wikipedia.org/wiki/Local_currency