Counterfeiting money is illegal because the counterfeiter takes value without giving any real value in return. The same applies whether to individuals or central banks.
:: Saturday, March 20, 2010
One persistent problem in America’s political discourse is the misuse of the term “free market.” So-called “conservatives” like President Bush and his Republican acolytes like to claim that they support the “free market,” and liberals, normally skeptical of everything that comes out of conservatives’ mouths, take their word for it. The Right defends the system [...]
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