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Counterfeiting vs. quantitative easing

June 30, 2013

DEAR EDITOR: When the private sector prints money it is called counterfeiting. When the public sector prints money it is called quantitative easing....

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motsttaw

Jul-01-13 3:43 AM

hey defeatsbb5, life's tough, it's even tougher if your stupid.

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motsttaw

Jul-01-13 2:48 AM

the public sector prints money and gives it to people who dont need it.

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DefeatSBB5

Jun-30-13 9:51 PM

And when the private sector executes someone, it's called murder; when the public sector does it, it's called capital punishment.

And when the private sector forcibly imprisons someone, it's called kidnapping; when the public sector does it, it's called incarceration.

And when the private sector dispenses narcotics, it's called drug abuse; when the public sector does it, it's called anesthesia.

And when the private sector takes the law into its own hands, it's called vigilantism; when the public sector does it, it's called law enforcement.

By the way: when the "private sector" prints money, it is for the personal gain of private individuals, and their actions undermine the credibility of the official currency. Do you seriously think that's what the Fed is trying to do?

(How DO these whack-o letters get published anyways?)

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