OT: Smarter people do exist
Bill Campbell
bill at celestial.com
Tue Dec 28 18:46:11 PST 2004
On Tue, Dec 28, 2004, Bill Vermillion wrote:
>Bill Campbell, the prominent pundit, on Tue, Dec 28 13:53 while half
>mumbling half-witicized:
>
>
>> On Tue, Dec 28, 2004, Kenneth Brody wrote:
>> >Walter Vaughan wrote:
...
>> Back on the printer topic, I saw something recently that
>> pointed that all the color laser printers sold today print
>> the printer's manufacturer and serial number on every page
>> using yellow dota that are basically invisible if one doesn't
>> know to look for them. Presumably this is to prevent amateurs
>> from counterfeiting money (only the Federal Reserve and other
>> Central Banks are allowed to do that).
>
>Which brings up the question, why would the government have
>to counterfeit money in the first place?
Basically the politicians wanted to get around the U.S. Constitution's
requirements which were written at a time when the U.S. economy was in
chaos because of worthless paper money.
For a detailled explanation see the book ``The Creature from Jekyll
Island'', or perhaps Murray N. Rothbard's books, ``History of Money and
Banking in the United States'', ``Panic of 1819'', and ``America's Great
Depression''.
Bill
--
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