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by tastyfreeze 1225 days ago
> better control over counterfeiting

Remember, it is only counterfeiting if you do it. It is "good" monetary policy when the government does it.

2 comments

Assuming you live in the UK or the USA, all your money is created by the government (though usually indirectly through commercial banks).

It's counterfeiting when you try to pretend your own currency is government produced.

yes, it is not counterfeiting money when the agency legally authorized to create money does that.
The effects of me printing dollars and the government printing dollars are the same. They just don't want me cutting in to their profit.

The US government is only authorized to coin money. That is making coins out of metal.

Party like it’s 1799, dude!